New York Crypto Firms Brace for New Supervisory Costs Regulation
NYDFS adopts regulation for assessing costs from licensed crypto firms to enhance virtual currency supervision in New York.
FTX Unveils Troubling Liquid Assets amid Massive Digital Shortfall
FTX reports $5.5B in liquid assets but faces a substantial digital asset shortfall amid bankruptcy woes. Read about their efforts to recover.
Cryptocurrency Sanctions Violation: DOJ Targets Alleged $10 Million Bitcoin Transfer
The DOJ may prosecute a U.S. citizen for allegedly violating sanctions by transferring $10 million in Bitcoin to a sanctioned country.
IRS Scrutinies: A Deep Dive into the Inflation Reduction Act’s Impact on Taxation
Learn how the IRS is ramping up audits and compliance efforts after the Inflation Reduction Act’s funding Surge. Are you ready?
Shanghai Court Confirms Bitcoin’s Property Rights: A Legal Milestone
The Shanghai High People’s Court recognizes Bitcoin as property, finalizing a legal precedent for virtual assets in China.
China’s Crypto Crackdown: High-Ranking Official Expelled Over Mining Scandal
Xiao Yi’s expulsion highlights China’s ongoing crackdown on illegal crypto mining and corruption. Discover the implications for the crypto landscape.
New York’s Eric Adams Pledges to Embrace Bitcoin, Touting a Crypto-Friendly Future
New York’s Mayor-elect Eric Adams plans to take his paychecks in Bitcoin while aiming to position NYC as the cryptocurrency capital of the U.S.
Hong Kong SFC Reviews Virtual Currency Regulations: What It Means for Investors
The Hong Kong SFC is reviewing virtual currency regulations, potentially paving the way for cryptocurrency ETFs. Is your investment strategy ready?
Texas Moves Forward: The Allowance of Cryptocurrency Contributions in Politics
Texas proposes a new rule allowing political contributions via Bitcoin and cryptocurrency, clarifying reporting requirements and reflecting federal guidelines.
Ohio Lawmaker Aims to Tighten Crypto Tax Regulations
Senator Rob Portman seeks to close the tax gap caused by crypto earnings with new bipartisan legislation. Is this the change U.S. taxpayers need?