NEWS Archives - Page 15 of 134

December 28, 2024

Blockchain Associations Files Lawsuit Against IRS New Crypto Brokers’ Rules

New regulations aimed at digital asset transactions have been introduced by the Internal Revenue Service (IRS) of the United States. This is done to maintain tax compliance, as these rules are scheduled to go into force in 2027. It mandates that brokers disclose sales of digital assets, including u...

#Crypto Regulation #CRYPTOCURRENCY #NEWS

December 22, 2024

Jack Mallers Reveals Trump’s Potential Plan for Bitcoin Reserve

In recent times, the idea of creating a Bitcoin reserve in the United States has gained traction, most especially in the political and legislative sense, as figures like Senator Cynthia Lummis propose an annual acquisition of BTC over five years. However, Jack Mallers, the CEO of Strike, has reveal...

#BITCOIN #Blog post #Federal Reserve #NEWS

December 18, 2024

Bitwise Launches Solana Staking ETP in Europe Amid U.S. Challenges

Bitwise, a leading crypto asset management company, has launched BSOL, a Solana staking exchange-traded product (ETP), in Europe. With staking privileges built in, this product enables investors to profit directly from Solana’s blockchain. However, due to regulatory restrictions, similar good...

#BSOL #Crypto Investments #ETFs #NEWS #Solana

December 02, 2024

Navigating the Cryptocurrency Wild West: Protecting Yourself from Sophisticated Scams

As the cryptocurrency landscape continues to expand, so too do the tactics employed by cybercriminals to exploit unsuspecting users. These sophisticated scams, often leveraging AI and deepfake technology, can be incredibly convincing, making it difficult for even experienced investors to discern tr...

#Crypto #NEWS #Scam

November 27, 2024

Tornado Cash Sanctions Overturned by U.S. Appeals Court

A U.S. appeals court has reversed sanctions against Tornado Cash, a cryptocurrency mixing service, marking a historic victory for privacy campaigners. The U.S. government accused Tornado Cash of assisting money laundering for criminals, notably North Korea’s Lazarus Group, by anonymizing stol...

#NEWS #Regulation #Torn #Tornado Cash

November 20, 2024

The Federal Bureau of Investigation (FBI) Raids the Home of Polymarket’s CEO Amid Legal Controversy

Federal law enforcement officials in the United States raided the apartment of the polymarket’s CEO, Shyne Coplan, on Wednesday. The items seized in his house include his phone and other electronic devices. Polymarket, the decentralized transaction platform, has faced scrutiny for allegedly breachi...

#DeFi #NEWS #Polymarket #Regulation

November 04, 2024

The Government of Pakistan Considers Legalization of Digital Assets

To legitimate digital assets like cryptocurrencies, the Pakistani government is putting up amendments to the State Bank of Pakistan (SBP) Act. Along with introducing new rules for the supervision of digital assets. In addition, these revisions will let dual nationals occupy important positions insi...

#CRYPTOCURRENCY #Legislation #NEWS

November 01, 2024

SpacecoinXYZ Reveals Plan to Establish Blockchain System Independent of Earth’s Stability

SpacecoinXYZ, a crypto satellite startup, has revealed plans to establish the first-ever decentralized Physical infrastructure Network (DePIN) with nanosatellites in space. This infrastructure, referred to as the ‘celestial chain,’ aims to secure a future interstellar economy and to pre...

#.blockchain #Crypto Investments #NEWS

October 22, 2024

ANZ Tests the Application of Chainlink’s Tokenized Asset Transaction Protocol

Australia and New Zealand Banking Group (ANZ) is set to be the first institution to use Chainlink’s new privacy-focused protocol designed to ensure secured financial transactions across multiple blockchain networks. This program is part of Singapore’s “Project Guardian” and ...

#ANZ #Chainlink #NEWS