Indian National Pleads Guilty in Case Involving ‘Largest Single Cryptocurrency and Cash Seizure in DEA History’
An Indian nationwide has pleaded responsible in a case involving “the largest single cryptocurrency and cash seizure” within the U.S. Drug Enforcement Administration (DEA) historical...
New Crypto Tax Law Takes Effect in US: Transactions of $10,000 or More Must Be Reported to IRS Within 15 Days
A brand new tax reporting regulation has entered into drive within the U.S. Starting on Jan. 1, all Americans receiving $10,000 or extra in crypto...
IMF Chief Calls for Clear Crypto Regulation — Warns High Crypto Adoption Could Undermine Financial Stability
The head of the International Monetary Fund (IMF) has referred to as for clear crypto laws worldwide, cautioning that prime crypto adoption might undermine macro-financial...
40+ Countries Implementing International Crypto Reporting Framework
Over 40 international locations have agreed to implement the crypto reporting framework developed by the Organisation for Economic Co-operation and Development (OECD) as mandated by...
US Lawmakers Urge SEC to ‘Immediately’ Approve Spot Bitcoin ETFs — Say There’s No Reason to Deny Applications
Four U.S. lawmakers have referred to as on the U.S. Securities and Exchange Commission (SEC) to instantly approve spot bitcoin exchange-traded funds (ETFs). “Following the...
US Crypto Exchange Kraken Wins ‘Milestone’ Regulatory Approvals in Europe
Cryptocurrency alternate Kraken introduced new achievements in implementing its technique to pursue enlargement on the European market. The U.S. buying and selling platform for digital...
Crypto Conglomerates Should Be Regulated, MiCA 2 Needed, Bank of France Governor Says
International cooperation is critical to control crypto conglomerates, in accordance with the pinnacle of the central financial institution of France. Speaking at a tech discussion...
Global Regulators Consider Launching a Joint Body to Coordinate Crypto Rules
Global market regulators are prone to launch a joint physique throughout the subsequent 12 months to higher coordinate cryptocurrency rules, stated a high government of...
BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Report Reveals
As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own...
US Lawmakers Propose to Subject Cryptocurrencies to Wash Sale Rule
A committee of the U.S. House of Representatives has proposed to subject cryptocurrencies to the “wash sale” rule. Since cryptocurrencies are treated as property by...