Malone Lam Faces Plea Hearing Over $245M Bitcoin Theft
In brief Malone Lam, 22, is due in federal court in Washington on Tuesday for a plea agreement hearing.Prosecutors say…
Category: Legal
South Korean crypto holders must still report even if overseas crypto exchanges collapse
South Korea’s National Tax Service ruled on August 28 that a resident who holds crypto at an overseas exchange must…
Australia cancels registration of crypto provider GetCoins following customer scam complaints
Australia’s financial intelligence regulator AUSTRAC said Sept. 7 that it canceled, suspended or refused to renew 45 remittance and virtual…
Australia Removes 45 Remittance and Crypto Providers From AML Registers
Australia removed 45 remittance and virtual asset businesses from its anti-money laundering registers over the past year. The Australian Transaction…
FCA weighs easing UK prediction market ban
Britain’s Financial Conduct Authority has reportedly discussed easing restrictions on retail financial prediction markets, but the regulator had announced no…
IRS Affirms Crypto is Property, Not Currency: How Does This Affect Users?
Cryptocurrency users face specific consequences following the IRS’ affirmation of its position on the crypto tax regime, as contained in…
Stand With Crypto Calls for Public Input on Upcoming CLARITY Act Decision
On September 15, the Senate will determine whether the CLARITY Act advances. Stand With Crypto emphasizes that crypto users deserve…
UK financial watchdog weighs lifting prediction markets ban: Report
The UK’s Financial Conduct Authority (FCA) reportedly has reached out to prediction market companies as part of discussions over whether…
Washington State Seeks $1.03M Fine, Ban for Crypto Kiosk Firm
Washington Regulator Seeks License Revocation The Washington State Department of Financial Institutions (DFI) announced Sept. 3 that it had filed…
SEC Clears Bitcoin, Ether, XRP, Solana As Commodities Under Nasdaq Texas Rule Change
The U.S. Securities and Exchange Commission (SEC) has given approval to a rule modification on the Nasdaq that pertains to…