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...
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...
BitMEX founder and cryptocurrency investor Arthur Hayes blamed the price drop and BTC/gold decoupling on US tax payments and tensions in the Middle East. Arthur Hayes attributes the fall of BTC to liquidity...
In a recent tweet, Schiff noted that Bitcoin is trading below 27 ounces of gold and is down more than 27% from its high two and a half years ago. Well-known Bitcoin critic...
Coinbase is seeking an interlocutory appeal in its ongoing court case before the US Securities and Exchange Commission (SEC). This petition marks the latest development in a highly monitored lawsuit dating back to June 2023.
If this milestone is achieved, USDT dominance would have a contender for the first time. The largest investment asset manager in the world, BlackRock, could become a pioneer in the regulated stablecoin sector...
Senators Gillibrand and Lummis will present new legislation on the regulation of stablecoins, with the aim of promoting financial innovation. The bill addresses regulatory conflicts, classifies stablecoins, and establishes strict issuance conditions to combat bad practices....