How to track and report crypto transactions for tax purposes
As cryptocurrencies and blockchain assets continue to grow in popularity and mainstream adoption, the United States Internal Revenue Service has...
Regulation
EU consumer protection groups urge governments to investigate AI
Consumer protection groups from the European Union (EU) have urged regulators to conduct investigations on artificial intelligence (AI) models behind...
Do Kwon gets 4 months in prison in Montenegro on fake passport charges
Terraform Labs founder Do Kwon has been found guilty of using a false passport by a court in Montenegro and...
Binance sends cease and desist notice to fraudulent Nigerian entity
Binance CEO Changpeng Zhao has announced that Binance has officially issued a cease and desist notice to the fraudulent entity known as...
US court approves SEC-Binance.US agreement
United States Judge Amy Berman Jackson approved on June 17 an agreement between Binance.US, Binance, and the Securities and Exchange...
Bakkt follows Robinhood, eToro in delisting major altcoins: Report
New York-based derivatives exchange Bakkt is delisting three popular altcoins due to recent regulatory developments in the United States. According...
New York bans CoinEx exchange, seizes $1.7M in crypto assets
Hong Kong-based crypto exchange CoinEx has been banned from operating in New York by Attorney General Letitia James. According to...
Bitstamp registered as cryptoasset business by the FCA
Bitstamp is now among 42 firms listed by the Financial Conduct Authority (FCA) as registered cryptoasset businesses. The exchange’s UK...
Hinman speech included “made-up analysis”, Ripple’s chief legal officer says
Former SEC official William Hinman delivered his speech in June 2018, commenting that Bitcoin and Ether were not securities. SEC...
US court dismisses BitGo’s claims in $100M lawsuit against Galaxy Digital
The Delaware Court of Chancery in the United States has granted a motion from crypto investment firm Galaxy Digital largely...
US senator revamps efforts for crypto regulations amid SEC lawsuits
United States Senator Cynthia Lummis has said her efforts to push for a positive crypto regulatory framework are still in...
Nigeria regulator halts Binance operations: Report
It has been a tough week for cryptocurrency exchange Binance. On June 9, Nigeria's securities authority reportedly deemed the exchange...
crypto needs to ‘double down’ on community support
The crypto industry faced more scrutiny from regulators in the United States this past week, as the U.S. Securities and...
US court summons Binance CEO Changpeng Zhao
A US court has issued summons for Binance CEO Changpeng Zhao. He has 21 days to respond although he doesn’t...
Binance and CZ sued by the SEC
In the latest episode of The Market Report, analyst and writer Marcel Pechman discusses the impact of the United States...
The SEC strikes again: First Binance, now Coinbase
Key takeaways SEC sues Coinbase for acting as an unregistered broker The United States Securities and Exchange Commission (SEC) has...
SEC sues Binance and CZ for breaking US Securities Rules
Key takeaways The US SEC has sued Binance for breaking securities rules. The regulatory agency has also sued Changpeng Zhao...
Pro-XRP attorney’s phone hacked to promote LAW token
Pro-XRP lawyer, John Deaton, suffered a phone hack on June 4 amid a relentless cyberattack over several days.CryptoLaw, an account...
Is Biden’s controversial Bitcoin mining tax dead or set to rise from the ashes?
Bitcoin (BTC) miners in the United States can breathe a sigh of relief after a proposed tax on crypto mining...
OpenAI gets warning from Japanese regulators on data collecting
Officials in Japan are beginning to tighten their stance toward artificial intelligence (AI) after the country’s local privacy watchdog warned...
Does the US have a crypto ‘tax loophole’ problem?
The crypto sector appears to have dodged another bullet. At the time of publication, the United States has reached a...
Crypto exchange Bybit announces exit from Canadian market
Bybit will not accept new account applications from Canadian residents and nationals as from 31 May. Existing customers have until...
