The government says the tax debt will be slashed by 50% in response to a prorated drop in cryptocurrency prices after the obligations were set.
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Category: Regulation News
Proof of Stake Alliance updates recommendations for staking providers
The POSA updated its staking principles to say that providers should communicate clearly and not control the amount of liquidity a user must provide.
Ripple CLO and XRP community back SEC commissioner’s LBRY lawsuit dissent
Alderoty showed gratitude toward Commissioner Peirce and suggested that it might be time to submit an amicus brief.
Kraken to suspend trading for USDT, DAI, WBTC, WETH, and WAXL in Canada
According to customer emails, the changes will go into effect starting Nov. 30.
Hester Peirce speaks out against LBRY enforcement action: ‘The market could have decided’
The SEC commissioner said the regulator’s actions “forced a group of entrepreneurs to abandon what they built,” with LBRY announcing in October it planned to […]
Lawyer questions Sam Bankman-Fried on his political donations at trial
The former FTX CEO reportedly said the donations made in his name came from “loans from Alameda Research” as part of efforts to influence U.S. […]
Gemini sues Genesis over GBTC shares used as Earn collateral, now worth $1.6B
Genesis wants to use the shares’ initial value in claims and is not releasing additional collateral transferred by DCG, the suit claims.
Fed, BOE officials share continuing interest in CBDCs, stablecoin regulation
Sir Jon Cunliffe looks at payment solutions of the past and future in his last speech as deputy governor of the BOE.
Sam Bankman-Fried denies defrauding FTX users at trial
As the final witness in his defense case, the former FTX CEO placed some of the blame for the crypto exchange’s failure on Gary Wang […]
Jury hears Sam Bankman-Fried’s testimony: ‘A lot of people got hurt’
The former FTX CEO returned to the witness stand to present his testimony to a jury of 12 people as the criminal trial began to […]