IRS adds cryptocurrency income tax question to four more tax forms
The IRS on Jan. 22 reminded all taxpayers to answer a question about digital assets and report all digital asset-related...
Regulations
Tornado Cash Developer Asks for Support Ahead of Trial That Could Set ‘Major Precedent’ for Crypto
One of the founders of sanctioned crypto mixer Tornado Cash (TORN) is asking for financial help ahead of his criminal...
Crypto Company Terraform Labs Files for Chapter 11 Bankruptcy Protection
Collapsed crypto company Terraform Labs has filed for Chapter 11 bankruptcy in the United States. The firm submitted a voluntary...
World’s Largest Bank To Pay $32,400,000 for Violating Bank Secrecy Act, Backdating Documents and Exposing Confidential Information
The Federal Reserve and New York Department of Financial Services (DFS) just announced a multi million-dollar settlement with a Beijing-based...
Binance and SEC both criticized by judge during latest court hearing
A Monday court hearing addressed the U.S. Securities and Exchange Commission (SEC)’s ongoing charges against Binance, Reuters reported on Jan....
Elizabeth Warren Says Crypto Needs To Follow Anti-Money Laundering Laws, Citing New Government Report
US Senator Elizabeth Warren is once again calling for an anti-crypto crackdown amid a new government report suggesting that certain...
Former CEO Sentenced to Two Years Behind Bars for ‘Cherry-Picking’ Scheme Involving Crypto Futures Contracts
The former chief executive of an investment firm has been sentenced to two years in prison for a “cherry-picking” scheme...
Senator Warren faces crypto community pushback over sanction evasion claims
Sen. Elizabeth Warren has faced significant backlash from the crypto community following her recent remarks disparaging the industry.In a Jan....
Brad Garlinghouse Predicts Regulatory Clarity for Stablecoins in 2024, Says Dollar-Pegged Crypto Solves Real Need
Ripple Labs chief executive Brad Garlinghouse is predicting that regulatory clarity will come to stablecoins in 2024. In a new...
Bloomberg Analyst Estimates There’s a 70% Chance Coinbase Wins Motion To Toss SEC Lawsuit
A Bloomberg intelligence analyst is estimating that top US-based crypto exchange platform Coinbase has a 70% chance of winning a...
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