The Central American University José Simeón Cañas of El Salvador has released the findings of its Bitcoin survey for 2023. The survey revealed that only 12%…
Introducing Wirex Token: An All-in-One Solution for Seamless Crypto-Fiat Transactions If you’re someone who is deeply involved in the world of cryptocurrency, you know how challenging…
IRS Tightens Grip on Crypto Enthusiasts The Internal Revenue Service (IRS) in the US is implementing new regulations that require detailed reporting on crypto transactions exceeding…
South Korea FSC’s Restriction on Crypto Purchases To address concerns about illegal fund outflow and speculative behavior, South Korea’s Financial Services Commission (FSC) has proposed an…
South Korea Proposes Amendment to Credit Finance Act to Restrict Crypto Purchases The Financial Services Commission (FSC) of South Korea, the country’s top financial regulator, has…
New Crypto Tax Reporting Obligations Take Effect on January 1 Starting on January 1, a new tax reporting law has come into force in the United…
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…
Concerns about Cryptocurrency Facilitating Corruption in China Chinese media have raised concerns about the use of cryptocurrencies in facilitating corruption. A recent report titled “Virtual Currency…
The President of Brazil signs law to tax crypto assets held abroad The President of Brazil, Luis Inácio Lula da Silva, has approved a new law…
