Chinese Investors Continue to Embrace Bitcoin Despite Government Ban Chinese investors are showing a strong interest in Bitcoin, despite the government’s ban on cryptocurrency since 2021.…
German Businessman Charged with Running $150 Million Crypto Scam A German businessman is facing charges from US authorities for allegedly operating a crypto pyramid scheme that…
US Senator Elizabeth Warren Calls for Crypto Crackdown US Senator Elizabeth Warren is once again advocating for stricter regulations on cryptocurrencies. In a recent tweet, she…
Crypto Industry Leaders Criticize U.S. Government Report on Crypto and Sanctions Crypto industry leaders are expressing their disapproval of a recent report by the U.S. Government…
Introducing the Preventing Illicit Finance Through Partnership Act 2024 Two U.S. Senators, Bill Hagerty and Cynthia Lummis, have put forward a new bill called the Preventing…
South Korea Reconsidering Stance on Bitcoin ETF The South Korean government is potentially rethinking its position on the spot Bitcoin exchange-traded fund (ETF) following comments from…
South Korean Government to Reconsider Crypto Taxation The South Korean government has announced that it will re-evaluate the need to tax cryptocurrency traders on their earnings.…
A US Watchdog Urges SEC to Prepare for Challenges in the Crypto Market A recent report by the United States Government Accountability Office (GAO) highlights that…
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…