The European Council and Parliament Reach Agreement on Stricter Rules for Cryptocurrency Firms The European Council and Parliament have reached a provisional agreement on a new…
SEI Token: Impressive Surge Amid Bitcoin ETF Speculations The SEI token from the Sei Network has experienced an astounding 80% increase in value over the past…
Crypto Tax Reporting Rules for $10k+ Transactions Now in Effect The controversial crypto tax reporting requirements within the bipartisan infrastructure bill signed into law in 2021…
IRS Implements New Regulations for Digital Asset Reporting In 2024, the Internal Revenue Service (IRS) will enforce new regulations that require detailed reporting of digital asset…
Proposed Ban on Token Conversion to Fiat Currency The General Administration of Press and Publication of China (GAPP) has recently released a draft outlining significant changes…
The United Arab Emirates Strengthens Financial Regulations for Digital Assets The Financial Services Regulatory Authority (FSRA) in the United Arab Emirates has made significant revisions to…
The FDIC Implements New Rule on Sign and Advertisements The Federal Deposit Insurance Corporation (FDIC) has recently implemented a new rule governing the use of its…
The Financial Accounting Standards Board Introduces New Crypto Accounting Rules The Financial Accounting Standards Board (FASB) has released new accounting rules that will change how companies…
US Companies Required to Record Crypto at Fair Value US companies holding cryptocurrency will now be required to record their tokens at fair value, according to…