Coinbase Raises Concerns About IRS Crypto Tax Reporting Requirements In a recent letter, major U.S. cryptocurrency exchange Coinbase has raised serious concerns about the Internal Revenue…
In a bid to strengthen its cryptocurrency regulatory framework, Cyprus has issued a stern warning to Crypto Service Providers (CSPs): register or face severe penalties. The…
Senator Warren Urges Swift Action on US Crypto Tax Rules Senator Elizabeth Warren has written a letter to US Treasury Secretary Janet Yellen and IRS Commissioner…
Cyprus Plans to Tighten Regulations for Crypto Industry Cyprus, known as one of the friendliest European jurisdictions for crypto, is considering implementing stricter regulations for the…
The US Consumer Financial Protection Agency Considers Applying the EFTA to Crypto The Consumer Financial Protection Bureau (CFPB), the top agency in the United States responsible…
The FTX scandal has caused a major uproar in the crypto community, as it is reported that $8 billion in customer funds is missing. Many people…
DOJ Asserts that Existing Laws Apply to Crypto The Department of Justice (DOJ) has made it clear that the absence of specific cryptocurrency laws will not…
The Central Bank of Brazil to Strengthen Oversight of Crypto Platforms The central bank of Brazil has announced its plans to tighten regulations and enhance oversight…
Tether Resumes Lending USDT, Raises Concerns in Crypto Community Tether, a major player in stablecoins, has resumed lending USDT despite earlier promises to stop. This has…