Business

Crypto couple tells court the IRS has no right to tax newly mined coins

A couple investing in crypto have claimed that coins gained by mining or staking are not taxable until sold, in a complaint filed to federal

Business

China to socially blacklist Bitcoin miners in Inner Mongolia region

China has ramped up efforts to quash cryptocurrency mining in its Inner Mongolia region by introducing new penalties for those caught engaging in the illegal

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UK ad organization bans crypto exchange’s ‘time to buy’ Bitcoin advert

A major advertising industry organization in the United Kingdom has ruled on an ad campaign telling people “it’s time to buy” Bitcoin (BTC). The Advertising

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Canadian regulators accuse crypto exchange of breaking securities law

Canadian securities regulators have initiated a regulatory action against major global cryptocurrency exchange Poloniex. On Tuesday, the Ontario Securities Commission published a statement of allegations against

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Bitcoin mining banned in Iran until September

The recent crackdown on Bitcoin (BTC) and crypto mining in Iran has reached a new dimension with the government banning the activity over the summer.

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Nebraska signs law to authorize state-chartered banks to custody crypto

A crypto-friendly bill — co-authored by a cryptocurrency firm and first introduced by Republican state senator Mike Flood this January — was signed into law

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Banks cautious about crypto ahead of COVID-19 testimony before US Senate

Major Wall Street bank executives will appear before the United States Senate Banking Committee on Wednesday to discuss the role of their financial institutions in

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Korea’s crypto market is among the strongest — and the strangest — in the world

On a day in which Bitcoin crashed briefly to $30,000 in a rampant bear market, the leading cryptocurrency never got anywhere close to that on

Business

Biden administration is reportedly reviewing ‘gaps’ in crypto regulation

Officials within the Biden administration are reportedly studying “gaps” in cryptocurrency regulations following the latest bout of volatility in the market, sending a signal that

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Bank of Indonesia joins central bank digital currency race

The Bank of Indonesia is one of the latest global central banks to announce state digital currency plans amid a major spike in the country’s