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Crypto staking rewards are taxable once received: IRS
UncategorizedadminAugust 1, 2023

Crypto staking rewards are taxable once received: IRS

The U.S. tax department will be requiring taxpayers to count staking rewards as gross income […]

UncategorizedadminAugust 1, 2023

Judge rejects motion to dismiss Terraform case, disagrees with Ripple decision

Judge Jed Rakoff gave a detailed interpretation of the Howey test that was at odds […]

UncategorizedadminAugust 1, 2023

‘Let’s just diversify and see’ — Binance CEO on its stablecoin strategy

Due to regulatory and transparency risks, CZ says that spreading risk across different stablecoins is […]

UncategorizedadminJuly 31, 2023

Republican candidate wants to end President Biden’s supposed ‘war on Bitcoin’ if elected

“As president, on day one, CBDC goes into the trash can — we’re not going […]

UncategorizedadminJuly 31, 2023

First major success in US Congress for two crypto bills: Law Decoded

In a 35–15 vote, the House Financial Services Committee approved the Financial Innovation and Technology […]

UncategorizedadminJuly 31, 2023

German government watchdog launched Worldcoin probe in November 2022: Report

Authorities in the United Kingdom and France have also reportedly cited concerns over Worldcoin’s data […]

UncategorizedadminJuly 31, 2023

Japan Blockchain Association demands tax cuts for crypto

Advocates of the crypto industry in Japan demand the revision of the national tax regime […]

UncategorizedadminJuly 31, 2023

SEC files complaint against HEX founder for allegedly offering unregistered securities

According to the SEC, Richard Heart allegedly used more than $12 million of investor funds […]

UncategorizedadminJuly 31, 2023

Australia’s Bendigo Bank blocks high-risk payments to crypto exchanges

Chainalysis policy lead Chengyi Ong warned crypto users may eventually have no choice but to […]

UncategorizedadminJuly 29, 2023

D.C. Circuit reverses SEC ruling on SPIKES futures, calls it “arbitrary and capricious”

The decision relates to an SEC order from 2020 exempting SPIKES Index from the definition […]

UncategorizedadminJuly 29, 2023

GitHub, Hugging Face, urge EU to relax open-source AI rules

An open letter calls for a review of the European AI Act, claiming that existing […]

UncategorizedadminJuly 29, 2023

Lawmakers probe Apple’s App Store policies on blockchain, NFTs

Their letter aimed to explore whether these guidelines might inadvertently hinder the progress and growth […]

UncategorizedadminJuly 29, 2023

US banking advocacy group supports Sen. Warren’s reintroduced crypto bill

According to the Bank Policy Institute, including digital assets in the Anti-Money Laundering framework is […]

UncategorizedadminJuly 29, 2023

SEC, Binance unite against Eeon’s lawsuit intervention

The U.S. SEC claims that Eeon has a history of repeatedly unsuccessfully representing itself in […]

UncategorizedadminJuly 29, 2023

Hester Pierce strikes back against SEC crypto warning to accountants

Hester Pierce, commissioner of the United States Securities and Exchange argued that full transparency should […]

UncategorizedadminJuly 28, 2023

German regulator raised concerns about Binance CEO prior to license application withdrawal: Report

BaFin reportedly advised Binance that CEO Changpeng Zhao wouldn’t pass a “fit and proper” test […]

UncategorizedadminJuly 28, 2023

Sam Bankman-Fried’s legal team turns over docs related to NYT story, requests they be sealed

Lawyers claimed there was a “need to avoid” the public dissemination of documents Sam Bankman-Fried […]

UncategorizedadminJuly 28, 2023

US Senate approves national defense bill that also targets crypto mixers

An amendment in the bill tightens oversight on institutions that are engaging in crypto trading. […]

UncategorizedadminJuly 28, 2023

Crypto.com registers in the Netherlands, cleared to advertise services

The exchange received the green light from De Nederlandsche Bank to offer services in the […]

UncategorizedadminJuly 28, 2023

SEC adopts cyberattack disclosure rules, listed crypto firms included

Coinbase, Marathon Digital and Riot Blockchain are among the SEC-registered cryptocurrency firms that would need […]

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