US Treasury and IRS Announce Business Reporting Exemption for Digital Assets The US Treasury Department and Internal Revenue Service (IRS) have announced that businesses are not…
U.S. Treasury and IRS Delay Enforcement of Crypto Reporting Requirements In a temporary relief to businesses dealing with crypto, the U.S. Treasury Department and the Internal…
The United States Treasury Department and Internal Revenue Service (IRS) have made changes to their crypto tax reporting rule. The original rule required extensive reporting for…
The European Securities and Markets Authority (ESMA) Prepares for MiCA Regulation The European Securities and Markets Authority (ESMA) is actively preparing for the implementation of the…
EU Implements Stringent Regulations to Foster Crypto Acceptance The European Banking Authority (EBA) has introduced novel protocols to assimilate crypto firms into the European realm of…
The South Korean authorities plan to strengthen control over cryptocurrency mixers following the United States The Financial Intelligence Unit (FIU) of the Financial Services Commission in…
Indian Crypto Firms Flock to Dubai Due to Regulatory Environment Many Indian crypto companies are relocating to Dubai because of the UAE’s favorable regulatory environment. This…
Introducing Bitcoin Depository Receipts A group of former Citigroup executives has launched a new product called Bitcoin Depository Receipts (BTC DR). This offering is designed to…
Nigerian Central Bank Releases Guidelines for Crypto Accounts The Nigerian Central Bank (CBN) has issued strict guidelines for banks and financial institutions that wish to open…