IRS clarifies rules on crypto staking rewards
The Internal Revenue Service issued new guidelines on July 31, outlining its stance on taxing cryptocurrency staking rewards. The new...
Regulations
Coinbase distances itself from CEO Brian Armstrong’s comments on SEC investigation
Coinbase has publicly distanced itself from statements made by CEO, Brian Armstrong, which suggested that the U.S. Securities and Exchange...
Coinbase Ordered by SEC To Halt Trading on All Crypto Assets Except Bitcoin, Prior to Being Sued: Report
Coinbase was reportedly ordered by the U.S. Securities and Exchange Commission (SEC) to stop all non-Bitcoin (BTC) trading before the...
Binance secures first operational license in Dubai amid regulatory hurdles in Europe.
Following multiple setbacks with European regulators, Binance has become the first digital asset exchange to receive an Operational Minimum Viable...
Coinbase CEO claims SEC said ‘every asset other than Bitcoin is a security’
The US Securities and Exchange Commission (SEC) reportedly asked Coinbase to stop trading in all cryptocurrencies besides Bitcoin. In an...
Sam Bankman-Fried Needs Jail Time After Tampering With Witnesses and Impeding Investigations: DOJ
The Department of Justice (DOJ) says it is unsatisfied with FTX founder Sam Bankman-Fried’s current bail terms after the disgraced...
SEC Chair Gary Gensler Blasts Crypto Exchanges, Avoids Issue of Appeal in Landmark Ripple Ruling
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is once again sounding the alarm on crypto exchanges, saying that...
Coinbase Executive Issues Warning, Says Macro Factors Threatening Crypto Markets – Here’s His Outlook
An executive at the top US crypto exchange Coinbase is issuing a warning, saying that macroeconomic factors are creating headwinds...
Wall Street banks back Elizabeth Warren’s Digital Asset Anti-Money Laundering Act
U.S. senator Elizabeth Warren reintroduced the Digital Asset Anti-Money Laundering Act on July 28, backed by unlikely allies — the...
SEC Warns Accountants Not To Partake in Mislabeled ‘Audits’ for Crypto Exchanges
The U.S. Securities and Exchange Commission (SEC) issued a warning to accountants this week, cautioning them to avoid partaking in...
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