Understanding IRS's Bitcoin ETFs Taxation: A Simple And Effective Guide
Posted in Cryptocurrency ETF / Bitcoin ETFs Guide Regulation Taxation U.S

Understanding IRS’s Bitcoin ETFs Taxation: A Simple And Effective Guide

Amidst the growing interest in the crypto market, the introduction of Bitcoin Exchange-Traded Funds (ETFs) has garnered significant attention. This guide delves into the intricacies…

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Commissioner Peirce Criticizes SEC's Gag Rule Modification Rejection
Posted in Buying Cryptocurrency News Regulation U.S

Commissioner Peirce Criticizes SEC’s Gag Rule Modification Rejection

A US Securities and Exchange Commission (SEC) official is concerned about a rule that forbids defendants from criticizing the agency’s claims while enforcement cases are…

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Posted in Cryptocurrency ETF / Bitcoin ETFs News Regulation U.S

Grayscale Bitcoin ETF Refiling Sparks Buzz; Garry Silbert Bows Out

Grayscale Completes S-3 Amendments The well-known crypto asset management Grayscale has completed the filing of an amended S-3 with the US securities regulator ahead of…

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Posted in Bitcoin (BTC) Cryptocurrency ETF / Bitcoin ETFs Nasdaq News Regulation U.S

US SEC Announces Deadline For Spot Bitcoin ETF S-1 Amendment

Setting The Timeline For ETF Application The US Securities and Exchange Commission (SEC) has set a timeline for those eyeing a spot in the Bitcoin…

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Posted in Bitcoin (BTC) Cryptocurrency ETF / Bitcoin ETFs News Regulation Taxation U.S

US SEC’s Cash Redemption Model For Bitcoin ETF: What To Know

Complying With Cash Redemption Bitcoin exchange-traded fund (ETF) applicants are working on their proposals with the US Securities and Exchange Commission (SEC). However, the regulator…

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Posted in Buying Cryptocurrency News Regulation U.S

US Judge Doubts SEC Lawyers In DEBT Box Case; What To Know

Judge Mulls Sanction For SEC The United States Securities and Exchange Commission has come under scrutiny from Judge Robert Shelby of the US District Court…

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Posted in News Regulation Stablecoins U.S

US Treasury Calls For Compliance From Foreign USD-Backed Stablecoin Issuers

Treasury Fires Warning at Stablecoin Issuers The US Deputy Secretary of the Treasury, Wally Adeyemo, has warned about the dangers associated with stablecoin issuers from…

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Posted in DeFi News Regulation Taxation U.S

Blockchain Association Push Back Against IRS’s Proposed Broker Rules

The Blockchain Association, a cryptocurrency advocacy group in the United States, sent a letter opposing the IRS’s proposed tax rules. The crypto advocacy group urged…

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Posted in News Regulation Terra (LUNA) U.S

Leaked Slack Chats Are Insufficient Evidence – Do Kwon Argues

The Leaked Slack Conversation The embattled Terraforms Labs founder, Do Kwon, has refuted an exposed Slack message presented as evidence of his alleged engagement in…

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Posted in Buying Cryptocurrency India News Regulation U.S

Arkansas Regulator Grants Crypto Payment Platform An Operational License

The crypto payment platform Alchemy Pay has gotten the regulatory green light after bagging a payment license in Arkansas to expand its operational base in…

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Posted in Buying Cryptocurrency News Scams U.S

Ex-Deutsche Banker Admits To $1.5M Crypto Fraud, Faces Lengthy Jail Term

Rashawn Russell, an ex-investment banker at Deutsche Bank, has recently pleaded guilty to a complex web of fraudulent activities. At the center of his deceit…

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Posted in News Regulation Ripple (XRP) U.S

Key Metric Signals XRP’s Impressive Resurgence After Court Verdict

Based on the most recent analysis from crypto research firm Kaiko, XRP, which ranks as the fifth-largest cryptocurrency, is experiencing a notable resurgence. Kaiko’s recent…

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Posted in News U.S

US Bank Crisis Deepens With Plunging Deposits Despite Record Fed Support

The United States is currently experiencing a protracted bank crisis. More importantly, several on-chain data suggest that the crisis may not be over soon, which…

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Posted in Buying Cryptocurrency Regulation Ripple (XRP) U.S

Ripple Executive Shares Insights About SEC Appeal; Deaton, Others Weigh In

As the legal battle between the US Securities and Exchange Commission (SEC) and Ripple intensifies, recent events have underscored the controversial nature of the conflict….

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Posted in Buying Cryptocurrency News Non-Fungible Token (NFT) Regulation U.S

$5M Fine: Is The US SEC Softening Its Stance Against Crypto?

The United States Securities and Exchange Commission (SEC) has been the center of speculation over its recent actions in the ongoing legal proceedings against Impact…

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Posted in Bitcoin (BTC) Cryptocurrency ETF / Bitcoin ETFs News Regulation U.S

17% Share Price Gain Could Eliminate GBTC ‘Discount’ by 2024

The Grayscale Bitcoin Trust (GBTC) is on track to eliminate its BTC price “discount” by 2024 after a 17% gain in its share price. This…

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Posted in Buying Cryptocurrency Mining News Regulation Taxation U.S

Crypto Community Kick Against Biden’s Tax Regulation; Here’s Why

The cryptocurrency tax rules proposed by the President of the United States, Joe Biden, have alarmed the crypto community. The new guidelines are based on…

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Posted in Binance Coin (BNB) Buying Cryptocurrency News Regulation Stablecoins U.S Wallets

Binance.US Partners With MoonPay To Restore Dollar-Crypto Conversion

Binance.US, the United States arm of the leading global crypto exchange, faces legal and financial challenges amid increased regulatory scrutiny. However, the exchange has partnered…

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Posted in Bitcoin (BTC) Buying Cryptocurrency Ethereum News Regulation Ripple (XRP) U.S

SEC Demanded That Coinbase Disallow Trading On All Digital Assets Besides Bitcoin

According to Coinbase CEO, the US SEC issued a strong directive to Coinbase, the number one US cryptocurrency exchange, before initiating legal action against it….

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Posted in Apps Buying Cryptocurrency News Non-Fungible Token (NFT) Regulation U.S Wallets

US Banking Advocacy Group Backs Senator Warren’s Crypto Bill

The Bank Policy Institute (BPI) has revealed its support for Senator Elizabeth Warren’s reintroduced Digital Asset Anti-Money Laundering (AML) Act. The act proposed that dedicated…

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