Giant Hole in Global Crypto-Tax Net; China’s Taxable Crypto Only 1/5th of the US
Last year, potentially taxable global onchain crypto asset activity surpassed $457 billion, blockchain intelligence company Chainalysis said in its latest…
Category: Legal
HPC stays on policy offensive with CFTC push to prioritize perpetual contracts
The Hyperliquid Policy Center (HPC) made its stance clear in a filing with the Commodity Futures Trading Commission (CFTC) on…
HMRC Says 17,600 UK Taxpayers Reported £1.38B in Crypto Gains
HM Revenue and Customs has reported that 17,600 UK taxpayers declared £1.38 billion in taxable cryptocurrency gains for the year…
Investors in crypto schemes launched by the Trump family have lost more than $4.7 billion
Investors in crypto schemes launched by the Trump family have lost more than $4.7 billion. A report published by the…
South Korea’s Ruling Party to Reassess Crypto Tax Stance at Aug. 27 Workshop
South Korea’s ruling People Power Party (PPP) is set to revisit its position on cryptocurrency taxation during a workshop scheduled…
Sign and BNB Chain Unveil Sovereign Stablecoin Framework for National Currencies
Blockchain infrastructure firm Sign, in collaboration with $BNB Chain, has introduced a sovereign stablecoin framework designed to help governments issue…
SEC Filing Suggests Ripple Could Unlock More Escrowed XRP If CLARITY Act Passes
A recent filing with the U.S. Securities and Exchange Commission (SEC) indicates that Ripple might release additional $XRP from its…
Crypto Lawyer James Murphy Endorses John Deaton in Massachusetts Senate Race, Citing CLARITY Act Stance
James Murphy, a prominent U.S. digital-asset lawyer known online as MetaLawMan, has publicly endorsed pro-crypto attorney John E. Deaton in…
ECB claims digital euro will offer ‘maximum level of privacy’ amid surveillance fears
The European Central Bank (ECB) is pushing back against surveillance fears over its upcoming digital euro with a senior official…
US bank lobby wants stablecoin holders to open an account before cashing out
The American Bankers Association is pressing US regulators to require anyone who buys or redeems a payment stablecoin directly with…