A significant overhaul of the IRS’s (Internal Revenue Service) voluntary disclosure program is in the works, a recent report by Forbes has revealed. The changes would reduce penalties for taxpayers and speed up how quickly…
Fairshake, the crypto Political Action Commitee (PAC), is spending money in a Bay Area House contest that was already decided once this year. Its Democratic-focused affiliate, Protect Progress, disclosed in a Sunday filing with the…
In a bid to curb China’s influence in the Artificial Intelligence sector, United States has moved to cut DeepSeek out of the civilian side of the federal government. The US Department of Homeland Security issued…
In an effort to standardise a crypto tax reporting framework, Australia is working on a regulation with its Treasury officials announcing on Thursday that a newly drafted bill would write the Organisation for Economic Co-operation…
In a major blow to the crypto exchange Gemini, a federal judge has rejected an effort by the firm and the regulator Commodity Futures Trading Commission (CFTC) to undo a settlement the two sides reached…
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The United States government moved approximately 9,261 Bitcoin, valued at about $770 million, to Coinbase Prime on October 6 and 7, according to data published by Galaxy Research. The transfers have prompted speculation among market…
In a major regulatory development, Standard Chartered announced on Thursday that it plans to provide custody for selected crypto assets, stablecoins and tokenized real-world assets to institutional investors in Singapore, subject to applicable regulatory requirements.…
Executives from World Liberty Financial (WLFI) laid out plans to extend USD1 stablecoin payments to major online businesses during a panel at Token2049 in Singapore on Wednesday. The discussion brought together WLFI CEO Zach Witkoff,…
A legal challenge filed October 2 is putting pressure on how federal regulators have been approving bank charters for crypto companies. The Independent Community Bankers of America (ICBA) is asking a court to throw out…
Amid crypto downturn, Anchorage Digital has reportedly let go of 17% of its staff. The digital asset bank, valued at $4.2 billion earlier this year, appears to still be feeling pressure from a crypto market…
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The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has put forward a set of proposed changes to the bloc’s Markets in Crypto-Assets Regulation (MiCA). The recommendations touch on investor…