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US Taxman Introduces New Crypto Tax Rules For 2025
The US Treasury Department’s IRS has announced new tax regulations that will impact crypto brokers starting in 2025, Coindesk reported. While the…
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Consensys Announces Major Win As SEC Ends Ethereum 2.0 Investigation
Consensys announced that the US Securities and Exchange Commission (SEC) has officially ended its investigation into the blockchain ecosystem. Consensys is a…
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House Passes FIT21 Act To Define Crypto Regulations, Senate’s Approval Unclear
The Financial Innovation and Technology for the 21st Century Act (FIT21), also known as H.R. 4763, was passed by the House on…
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US Court Rules BitGo’s $100M Suit Against Galaxy Digital Can Proceed
The legal tussle between cryptocurrency custodian BitGo and financial services firm Galaxy Digital over their failed $1.2 billion merger deal will proceed,…
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Venezuela Cracks Down On Crypto Mining To Save Electricity
Venezuela’s Ministry of Electric Power has announced plans to disconnect cryptocurrency mining farms from the national grid. This decision is aimed at…
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Crypto Lender Genesis To Return $3B In Bankruptcy Liquidation
US court granted Genesis Global approval to return approximately $3 billion in cash and cryptocurrency to its customers as part of bankruptcy…
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SEC Sends Robinhood An Enforcement Notice Over Tokens Offered On Its Platform
Retail trading platform Robinhood has announced the receipt of the so-called “Wells Notice” from the US Securities and Exchange Commission (SEC). The…
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US Crypto Market At Crossroads As House Prepares To Vote On Bill
The US House of Representatives is preparing to make a crucial decision regarding cryptocurrency regulation. Representative Patrick McHenry has confirmed that the…
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Hong Kong Proposes A Self-Regulate Model For The City’s Crypto Sector
Hong Kong city officials want crypto firms to operate in a self-regulatory manner, overseen by the Securities & Futures Commission (SFC). Officials…
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Binance Tax Evasion Trial Adjourned To May 17 In Nigeria
A court in Nigeria has adjourned the tax evasion trial against Binance and two of its executives until May 17 due to…