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The content mentions discussions around the IRS reporting law for transactions over $600 via platforms like Zelle. There is mention of a delay in the implementation of the new 1099K rule, which requires reporting of such transactions. The topic also involves whether Zelle payments are part of this new rule. The discussions include insights from a CPA, and episodes from a personal finance series explaining the impact on individuals using PayPal, Venmo, and Zelle.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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