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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…
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Binance Quietly Lifts Restrictions On Russian Citizens A Year After Ban
Russian users of cryptocurrency exchange Binance can once again use locally issued Mastercard and Visa cards banned a year ago after the…
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Crypto Exchange Bittrex Exits the US Market Citing Regulatory Challenges
Cryptocurrency exchange Bittrex is closing down its US operations due to the country’s current state of “regulatory and economic environment.” Users can…
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Denmark’s Supreme Court Rules Bitcoin Profit As Taxable
Denmark’s Supreme Court has recently made two landmark rulings that could significantly impact the country’s cryptocurrency industry. In two separate cases, the…
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Voyager Digital – Binance.US $1.3 Billion Sale Suspended Pending DOJ’s Appeal
Bankrupt cryptocurrency lending platform Voyager Digital may have to wait longer before selling its assets to Binance.US after a federal judge halted…
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CFTC Investigates Binance Over Insider Trading Allegations
Binance faces insider trading allegations as the US CFTC launches an investigation, revealed by Bloomberg report. The CFTC has filed a lawsuit…
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EU Parliament’s ‘Smart Contract Legislation’ Faulted For Going Against Immutability
A part of legislation adopted by the European Parliament on March 14 – concerning smart contracts – has attracted criticism in the…
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New York Attorney General Sues KuCoin, Says ETH, LUNA, UST Are Securities
The New York Attorney General’s office is suing the KuCoin cryptocurrency exchange for operating without proper registration and illegally selling Ether, Terra…