Friday, April 26, 2024
The Treasury implements AI to improve the supervision of cryptocurrency transactions. The draft Form 1099-DA represents an important step in the implementation of crypto taxation. A House of Representatives committee is investigating the IRS's use of...
Institutional interest in cryptocurrencies increases in Canada, with 39% exposure. A KPMG survey reveals that 50% of financial services already offer cryptoasset services. Factors driving growth include rising US debt, dollar inflation and regulatory clarity.
Different platforms have unsuccessfully challenged the dominance of the exchange in the country and the upcoming regulatory framework has affected them. A recent report revealed that South Korean exchange Upbit dominates the local...
The purported notice “warned” deposit money banks (DMBs), non-banking financial institutions (NBFIs), other financial institutions (OFIs), and the public about the risks associated with crypto transactions. Recent reports reported on an alleged notice...
The statement came in response to a recent Reuters news story about Venezuela's use of USDT. Tether, the crypto company that issues the USDT stablecoin, will block the addresses of any actor sanctioned...
The SEC is seeking public comments on BlackRock's Ethereum spot ETF. The new proposal moves from an ether-based exchange model to a cash-based one. Skepticism persists about the chances of approval of cryptocurrency ETFs.
The Binance executive had allegedly escaped on March 22 while in custody in Nigeria. Nadeem Anjarwalla, a British and Kenyan citizen who works for the Binance cryptocurrency exchange, was arrested in Kenya after...
According to the SEC filing, Justin Sun, through several companies he owns and controls, executed the offer and sale of two crypto assets considered “securities” by the US SEC. The United States Securities...
There is no consensus in the market on what the effect of this geopolitical conflict will be on prices After several days of uncertainty for geopolitical reasons, the price of Bitcoin recovered significantly...
The term “Bitcoin halving” went from 20% (in the approval period of Bitcoin spot ETFs) to 72% between the week of April 7 and 13. Google Trends showed that the top 5 countries that lead searches...