- 26 November, 2024
Court victory precedent: IRS may not tax staking rewards until sold
A Nashville couple’s lawsuit over taxes they paid on unclaimed and unsold Tezos staking rewards is coming to an end with the Internal Revenue Service
‘Philly is ready’ for CityCoins says city council
Philadelphia is on the cusp of following in the footsteps of Miami, Austin and New York City by partnering with CityCoins to develop a crypto
Aussie billionaire sues Facebook over crypto scams with AG’s consent
Australian billionaire Andrew “Twiggy†Forrest is taking Facebook to court over scammy cryptocurrency ads that he alleges used his name to defraud victims. The Fortescue
UK tax agency cracks down on rules around DeFi lending and staking
Her Majesty’s Revenue and Customs (HMRC), the U.K.’s tax agency, on Wednesday, has released a controversial set of guidance that could affect innovation in Decentralized
Bitcoin, Ether and NFTs will ‘never become legal tender’ in India, says Finance Secretary
T.V. Somanathan, the finance secretary for the Indian government, is reportedly pushing back against the narrative that cryptocurrencies will be widely accepted in the country
Vale Diem: How Facebook’s ambitious stablecoin project came to an end
On Jan. 31, Meta, formerly known as Facebook, announced that it was pulling from its stablecoin project, Diem, formerly known as Libra. Intellectual property and
Progressive group adopts Bitcoin as ING and PayPal block donations
Progressive International, a global organization supporting progressive left-wing activists and organizers, is moving into cryptocurrencies in response to getting de-banked by major payment and banking
Major crypto exchanges eye Asian market amid growing regulatory clarity
Major crypto exchanges originating from Asia as well as from the West have shown an increasing interest in the Asia-Pacific region. Coinbase launched in Japan
FTX acquires Japan’s FCA-licensed crypto exchange Liquid
American billionaire and CEO of crypto exchange FTX Sam Bankman-Fried announced that his company acquired Japanese crypto firm Liquid Group and its subsidiaries. As a
SEC’s proposed rule on exchanges could threaten DeFi, says Crypto Mom
Hester Peirce, a commissioner for the U.S. Securities and Exchange Commission known by many in the space as Crypto Mom, is warning that a proposed