Tag: Cryptocurrency Regulations
SEC Under Fire for Oversight Failures on FTX’s Financial Practices
U.S. Congressman Pete Sessions criticizes SEC’s lack of oversight on FTX, calling for accountability following allegations against former CEO Sam Bankman-Fried.
U.S. Treasury’s Planned Tax Reporting Exemptions for Crypto Miners: A Win for Cryptocurrency Players
The U.S. Treasury plans to exempt crypto miners and stakers from tax reporting rules, marking a significant milestone in the cryptocurrency industry.
The Rise of Tether (USDT): Dominance in the Stablecoin Market and Market Makers Behind It
Discover Tether’s rise as the top stablecoin, its key market makers, and the regulatory hurdles it faces in the crypto landscape.
South Korea’s Crypto Exchanges Face Deadline for New Compliance Rules Amid Concerns of Market Monopoly
As South Korean crypto exchanges face a deadline for compliance, the market risks monopolization and chaos for smaller operators and investors alike.
Monochrome Secures $1.8 Million Series A Funding to Enhance Institutional Crypto Offerings
Monochrome secures $1.8 million in funding to enhance institutional-grade crypto solutions in Australia, eyeing Bitcoin and digital assets.
Canaan Inc’s CEO Advocates for Green Mining in China as Stock Surges
Canaan Inc’s CEO advocates for green energy mining in China as the firm sees a stock surge and significant year-on-year financial growth.
IRS Cracks Down: Kraken Ordered to Reveal User Data for Crypto Transactions
The IRS orders Kraken to reveal users who conducted transactions over $20,000, shining light on crypto tax compliance.
Ireland’s Crypto Landscape: The New Regulatory Framework Shaping Digital Assets
Dive into the new regulatory framework for Ireland’s crypto businesses with 5AMLD guidelines and implications for Virtual Asset Service Providers.
Navigating the Storm: South Korea’s Crypto Tax Law and Regulatory Landscape
Explore South Korea’s crypto tax law and the responses from regulators and the public amid rising tensions in the cryptocurrency market.
House Passes Eliminate Barriers to Innovation Act: A Step Forward for Crypto Regulation
The U.S. House has passed H.R. 1602, aiming for clearer cryptocurrency regulations with a new working group. What’s next for digital assets?
