South Korean Web3 game developer Wemade under investigation for potential circumvention of crypto regulations South Korean Web3 game developer, Wemade, is currently being investigated by local…
New Regulations on Reporting Digital Assets Transactions The U.S. Treasury Department and Internal Revenue Service have recently announced new regulations regarding the reporting of digital assets…
DCG Repays $700 Million Loan to Genesis Digital Currency Group (DCG) has announced that it has settled its debts with crypto lending platform Genesis. DCG stated…
US Citizens Must Fulfill Crypto Tax Obligations United States citizens who hold cryptocurrency need to be aware of their tax reporting obligations to avoid serious consequences.…
Binance’s Compliance Requirements Revealed in Court Documents New information has come to light regarding Binance’s compliance obligations following its plea deal with the U.S. government, according…
Meta Releases Purple Llama Toolkit for Secure Generative AI Meta, formerly known as Facebook, has introduced a new toolkit called “Purple Llama” to assist developers in…
Nexo Partners with Koinly to Simplify Crypto Tax Reporting Nexo, a lending platform for instant crypto loans, has joined forces with Koinly to make tax reporting…
Brazil Approves New Tax Rules for Cryptocurrency Income Brazilians may soon be required to pay up to 15% tax on income derived from cryptocurrencies held on…
CZ’s Legal Defense Changpeng Zhao (CZ), the former founder of Binance, is currently facing a legal battle after pleading guilty to violating the Bank Secrecy Act.…
