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Sam Bankman-Fried Trial: Prosecutors Submit Proposed Jury Instructions
Crypto Advocacy Group Coin Center Proposes Tax Reforms for Digital Assets
Key Takeaways Coin Center, a leading cryptocurrency advocacy group, has proposed a series of recommendations to American lawmakers, aiming to influence potential legislation concerning the taxation of digital assets. In an official letter dated August 21, addressed to Senators Ron…
Coinbase acquires Equity stake in Circle, Centre Consortium dissolved
Key Takeaways Cryptocurrency giant Coinbase Global has unveiled a strategic maneuver that involves an equity stake acquisition in Circle Internet Financial. As part of this development, the collaborative management entity called the Centre Consortium, responsible for overseeing the widely used…
Ethereum Co-Founder Vitalik Buterin transfers $1M ETH to Coinbase
Key takeaways: Ethereum‘s co-founder, Vitalik Buterin, has made waves once more with a notable transaction. Today, Buterin moved 600 Ether, worth more than $1 million, from his wallet to the popular cryptocurrency exchange, Coinbase. While the motives for this action…
Federal court upholds sanctions on Tornado Cash
Key Takeaways: A U.S. Federal Court has ruled in favor of the United States Treasury Department’s authority and decision to impose sanctions on the widely-used cryptocurrency mixer, Tornado Cash, due to money laundering concerns. U.S. District Judge Robert Pitman upheld…