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Court Orders Kraken To Disclose User Information To IRS For Tax Assessment
Cryptocurrency exchange Kraken has been ordered by the federal court to submit information related to the historical transactions and users’ accounts to…
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Coinbase Scores Major Victory As Supreme Court Ruling Backs Arbitration
On Friday, the Supreme Court delivered a significant win to Coinbase when it ruled that a lawsuit filed by one of its…
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Binance.US Agrees With The SEC To Move Customers’ Funds Back Onshore
Binance.US and the Securities and Exchange Commission (SEC) have agreed to a settlement that prevents the exchange from transferring customers’ funds to…
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CFTC Wins Lawsuit Against Ooki DAO In A ‘Precedent-Setting’ Ruling
Commodity Futures Trading Commission (CFTC) has won a case against the decentralized autonomous organization (DAO), Ooki DAO, in a landmark ruling that…
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US Top Legislators Propose Bill To Provide ‘Clear Rules’ For Crypto
The cryptocurrency sector in the US could soon get the much-needed regulations if a proposed draft by a section of Congress is…
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Bybit, Binance Wave Goodbye To Canadian Market Due To Regulatory Shifts
Bybit has announced that the cryptocurrency exchange will halt its business operation in Canada. The decision was made due to recent regulatory…
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Ripple Scores Major Victory In Case With The SEC As Court Denies Motion Filed By The Regulator
A US judge presiding over the case between Ripple and the Securities and Exchange Commission (SEC) has rejected a motion filed by…
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Jane Street, Jump Trading Cut Down Crypto Operations Amid Regulatory Clampdown In The US
Market makers Jane Street and Jump Trading are pulling back from their cryptocurrency operations due to increasing market scrutiny by the US,…
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Italy Imposes Punitive 26% Tax On Crypto Profits
The Italian government has introduced a 26% tax rate for digital assets applicable to individual and institutional investors. The policy shifts, which…
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30% Digital Mining Energy Tax; White House Advisors Push For Regulation
On Tuesday the White House’s Council of Economic Advisors (CEA) discussed that a Digital Asset Mining Energy (DAME) excise tax should be…