Ukraine demands local crypto businesses provide financials
The government of Ukraine has recently approached the local cryptocurrency industry with a new request to provide certain financial information. The National Bank of Ukraine (NBU)...
Crypto staking rewards are taxable once received: IRS
United States crypto investors must report crypto staking rewards as gross income in the year it was received, according to a new ruling from the...
Republican candidate wants to end President Biden’s supposed ‘war on Bitcoin’ if elected
Florida Gov. Ron DeSantis has pushed a platform based partly on “economic independence” in his 2024 presidential campaign, specifically taking a stance on digital currencies. Speaking...
First major success in US Congress for two crypto bills: Law Decoded
Last week, the United States took a step closer to regulatory clarity for its crypto industry. In a 35–15 vote, the House Financial Services Committee...
Hex founder charged with offering unregistered securities offering
Richard Heart was charged with allegedly raising over $1B through unregistered securities offerings. The SEC also charged PulseChain, PulseX, and Hex, alongside Richard Heart. In...
Japan Blockchain Association demands tax cuts for crypto
Advocates of the crypto industry in Japan are demanding a revision of the national tax regime for digital assets. The Japan Blockchain Association (JBA), a...
SEC files complaint against Hex founder for allegedly offering unregistered securities
The United States Securities and Exchange Commission has filed a lawsuit against Richard Schueler, better known in the crypto space as Richard Heart, for alleged...
Binance secures the first operational MVP license in Dubai
Binance announced on Monday it had received the Operational Minimum Viable Product (MVP) license issued by Dubai’s Virtual Assets Regulatory Authority (VARA). The exchange secured...
SEC asked Coinbase to list only Bitcoin: FT report
The US Securities and Exchange Commission (SEC) reportedly asked Coinbase to only list Bitcoin. Coinbase CEO Brian Armstrong says the pressure left it no choice...
Borneo authorities seize illegal crypto miners running off stolen power
Authorities in the town of Miri on the island of Borneo shut down an illegal cryptocurrency mining operation and seized equipment following a tip-off from...