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In recent developments, the U.S. government has unveiled a set of new tax regulations aimed at digital assets. As per the proposal by the Internal Revenue Service (IRS) on August 25, brokers involved in cryptocurrency...
John Deaton, a renowned attorney supporting XRP, has criticized the decision by the U.S. Securities and Exchange Commission (SEC) to lodge aiding and abetting allegations against Brad Garlinghouse, Ripples CEO. Deatons...
The Reserve Bank of Australia, in collaboration with the Digital Finance Cooperative Research Centre, has wrapped up its research into the potential applications of a central bank digital currency (CBDC). Released on...
One of the leading cryptocurrency exchanges, Bitstamp, has communicated its intention to conclude its Ether (ETH) staking service for users in the U.S. by September 25, 2023. Upon this action, all staked assets will be...
Reports emerging from Israel have put entrepreneur Moshe Hogeg under the spotlight, suggesting his alleged involvement in defrauding numerous users. The case involves $290 million, all linked to cryptocurrency...
Controversy has erupted as two developers from Tornado Cash, Roman Storm and Romen Semenov, find themselves in the crosshairs of the United States Office of Foreign Assets Control (OFAC). The duo were charged on August 23,...
Cheongju, a prominent city in South Korea, has announced its intentions to seize cryptocurrencies held by residents who have fallen behind on their tax payments. This move is the latest effort to combat tax evasion in the...
Oman, a Gulf nation, is rapidly advancing its digital transformation efforts with the inauguration of a state-of-the-art cryptocurrency mining center in the Salalah Free Zone. This marks the second cryptocurrency mining...
Fresh from the news desks, Ripple Labs Chief Technology Officer, David JoelKatz Schwartz, took to X (previously Twitter) to shed light on an evolving situation with the U.S. Securities and Exchange Commission...
Gemini Responds to SECs Charges Over Alleged Unregistered Securities Cryptocurrency exchange, Gemini, has taken a definitive stance against the charges brought forward by the U.S. Securities and Exchange Commission...
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