The IRS proposed the new crypto tax reporting rules in August, and if approved, the new crypto tax regime will come into effect from January […]
Headline
Category: Regulation News
Advocacy groups push back against Sen. Warren linking crypto with terrorism
The Blockchain Association and Crypto Council for Innovation said the terrorist group Hamas had reportedly curtailed using Bitcoin as authorities could more easily track funds.
Bitpanda crypto exchange gets license in Norway amid European expansion bid
Bitpanda already holds a license in Austria, Germany, France, Czechia and Sweden.
Finland works on instant payments system, embraces digital euro
The Bank of Finland actively promotes the development of new forms of payment.
New York Attorney General sues Gemini, Genesis, DGC for allegedly defrauding investors
A filing from New York attorney general Letitia James alleges that the cryptocurrency companies defrauded investors of over $1 billion.
US OCC to host discussion on tokenization of real-world assets
The Office of the Comptroller of the Currency highlighted the “emerging divide” between crypto and tokenization and strongly criticized crypto for being “marked by rampant […]
Elon Musk, Mark Cuban team up to contest SEC trial strategies
The context of this legal challenge centers around the SEC v. Jarkesy case, in which George Jarkesy contends that his Seventh Amendment rights were violated.
Binance France director resigns, adding to list of exits from crypto exchange
Stéphanie Cabossioras is at least the tenth senior executive to depart the crypto exchange this year.
Inspector General wants FDIC to refine crypto risk assessment process, guidance
The bank deposit insurer should assess the sufficiency of its risk mitigation measures and then provide them in a more organized manner, the inspector general […]
Sen. Warren, 100+ legislators write White House, Treasury about crypto and terrorism
The letter was signed by crypto opponents and many lawmakers who had been neutral on crypto until now.