It seems that the Internal Revenue Service (IRS) is bent on going after crypto investors who might have incorrectly reported their income from digital currencies. The tax agency just obtained a court order allowing it to...

Bits of Gold, a crypto exchange based in Israel, became the first crypto firm to receive a license from the Capital Markets Authority. The company announced the milestone via social media posts on September 18. With the...

South Korean authorities have issued a warrant of arrest for Do Kwon, co-founder of Terraform Labs, which saw the collapse of its $40 billion crypto ecosystem earlier this year. News of the arrest negatively impacted the...

A crypto exchange in Thailand is now being accused by the countrys Securities and Exchange Commission of not fully complying with local regulations. The matter has already been forwarded to the Cyber Crime Investigation...

The U.Ks advertising regulator has issued a warning to two former reality stars in connection with the crypto ads they posted on their social media platforms. The regulator reminded former Love Island contestants Eve and...

The South Korean government has been actively showing its support of the countrys Web3 and Metaverse industry. Aside from investing hundreds of millions of dollars to create its own metaverse ecosystem, the government is...

The International Monetary Fund (IMF) has acknowledged that crypto assets have gained a more mainstream presence as hedges against weak currencies, speculative investments, and payment instruments. With the increasing...

Iran has finalized a set of crypto regulations that will provide the regulatory framework for digital currencies in the country. The government just ratified what is described as a comprehensive and detailed law that will...

A top Russian Official expressed his approval of crypto and viewed it as a payment instrument that could bolster the countrys financial independence. He also pushes for the increasing use of the Russian ruble in...

The Central Bank of Nigeria is sweetening its deal and encouraging people and local businesses to use the e-naira, its central bank digital currency (CBDC). The monetary authority has reduced transaction fees for the...

The founder and chief executive of the Turkish crypto exchange Thodex has been arrested and detained by authorities in Albania. The executive, Faruk Fatih Ozer is wanted for fraud for allegedly fleeing Turkey with his...

The adoption of cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) has been gaining traction over the years with a growing number of jurisdictions worldwide now accepting digital currencies as payment for taxes. The...

Crypto regulation became a recent topic discussed in a Senate hearing participated by Philippine regulators and lawmakers. Industry participants also took part in the discussion as executives from the countrys crypto...

Reserve Bank of India governor Shaktikanta Das has issued a warning that the crypto market could further crash. Should this happen, the central bank head said that small crypto investors could significantly be affected as...

More than a dozen crypto exchanges in Herat, Afghanistan were shut down by authorities who also detained their operators. The move comes after a ban on online foreign exchange was introduced, which now appears to have been...