Senator Accuses Crypto Billionaire of Dodging Puerto Rico Tax Evasion Investigation
The top Democrat on the Senate Finance Committee has accused a prominent crypto investor of refusing to cooperate with an…
Category: Legal
Leading Democrat Wyden Continues Probe Into Pantera Founder Morehead\’s Taxes
U.S. Senator Ron Wyden, the top Democrat on the Senate Finance Committee, is continuing his inquiry into whether Dan Morehead,…
Blockchain Association Defends GENIUS Act as Banks Fear Stablecoin Power Shift
Backed by bipartisan law and clear oversight, the GENIUS Act is fueling stablecoin innovation, safeguarding consumers, attracting investment, and reinforcing…
Indian Regulators Demand PMLA Registration From 25 Offshore Exchanges
India’s Financial Intelligence Unit (FIU-IND) has issued notices to 25 offshore cryptocurrency exchanges for failing to comply with anti-money laundering…
Armenia plans to prohibit cash purchases of cryptocurrency from 2026
Armenian authorities have confirmed their plan to prohibit cash purchases of cryptocurrency in the country, starting from next year. A…
Strategy avoids tax hit on Bitcoin after new IRS guidance
Key Takeaways The IRS and US Treasury issued new guidance excluding Strategy’s unrealized gains on Bitcoin from the corporate alternative…
US Senate to hold hearing on crypto taxes as IRS offers relief on corporate tax
The US Senate Finance Committee will hold a hearing Wednesday on cryptocurrency taxation, a day after the Treasury Department and…
UAE to roll out crypto CARF framework by 2028
The UAE Securities and Commodities Authority (SCA) has shared its Crypto Asset Reporting Framework (CARF) consultation paper. This comes as…
SEC Puts Crypto ETF Approvals On Hold Following U.S. Government Shutdown
The U.S. Securities and Exchange Commission has announced plans to streamline its operations amid the ongoing U.S. government shutdown. This…
US government shutdown enters day 1: How is the SEC still functioning?
Members of the US Securities and Exchange Commission (SEC) began shutting down operations on Wednesday under a lapse in government…