The proposals seek to have all transactions of $10,000 or more reported to the IRS US lawmakers are eyeing tightened cryptocurrency tax rules as they seek to offset some of the costs of a bipartisan […]
U.S. Senator Sherrod Brown says cryptocurrencies are not real dollars and they “put Americans’ hard-earned money at risk.” Referring to decentralized finance (defi) as “a shady, diffuse network of online funny money,” he said, “if […]
BlockFi has once again found itself in dire straits just days after getting slapped with a cease and desist order from the state of New Jersey BlockFi seems to be facing a knock-on effect in […]
A U.S. senator has launched an investigation into the rise of ransomware attacks as well as how cryptocurrencies facilitate cybercrimes. “The investigation will also look into current oversight efforts and regulations related to virtual currencies,” […]
As the ATO reminds investors of their tax obligations, Binance Australia is ramping up its user compliance Binance has been having a tough time with compliance lately, facing warnings from regulators in the UK, Japan, […]
In line with its hardline stance on cryptocurrencies, the Central Bank of Russia (CBR) has issued a recommendation against the listing of securities tied to crypto assets on the country’s stock exchanges. The “preventive measure” […]
BlockFi’s CEO Zac Prince confirmed earlier this week that the firm had received a cease and desist order from the New Jersey Bureau of Securities According to BlockFi chief executive Zac Prince, the New Jersey […]
Overseas crypto exchanges marketing to Koreans will be blocked if they fail to comply with new South Korean regulations. The country’s anti-money laundering body has sent a notice to a number of foreign trading platforms […]
The European regulator announced new guidelines as part of legislative proposals to govern cryptocurrency transactions The European Union yesterday suggested an extension of the current anti-money laundering and combating the financing of terror (AML/CFT) laws […]
On July 19, the CEO of the crypto financial services firm Blockfi, Zac Prince, told the public that the New Jersey Bureau of Securities has told the company to “stop accepting new BIA clients residing […]
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