The US House Committee sent Letters to Coinbase, FTX, and Binance on Crypto Scam Prevention

The committee sent a letter to the Department of the Treasury, FTC, CFTC, SEC, Coinbase, FTX, Binance.US, Kraken, and KuCoin.

The committee sent a letter to the Department of the Treasury, FTC, CFTC, SEC, Coinbase, FTX, Binance.US, Kraken, and KuCoin.

Key Takeaways: According to Australian Treasurer Jim Chalmers, the goal is to stay ahead of the curve with advancements and protect customers. The Treasury will emphasize “token mapping” work in 2022 as the first stage in a reform program. Work…

Crypto airdrops will be subjected to the nation’s gift tax under the Inheritance Tax and Gift Tax Act.