US Judge Orders Kraken to Release Customer Data to IRS in Cryptocurrency Tax Probe
Kraken, the San Francisco-headquartered digital currency exchange, has receive…
Showing posts from June, 2023
Veteran Trader Peter Brandt Urges Federal Reserve to Raise Interest Rates Another 100 Basis Points
Veteran trader Peter Brandt has urged the U.S. Federal Reserve to stay hawkish…
Federal Reserve Chair Pushes Stronger Measures to Tackle Inflation Considers Back-to-Back Rate Hikes
Federal Reserve Chair Jerome Powell has reaffirmed the Fed’s hawkish stance. N…
Slovakia to Lower Tax on Income From Crypto Holdings
Lawmakers in Slovakia have adopted legislation that will reduce the tax burden…
Is Fednow the First Step Towards a Central Bank Digital Currency? Speculations Rise Ahead of Launch
In recent days, there has been a buzz surrounding the upcoming debut of the U.…
FTX Pauses Sale of $500 Million Stake in AI Startup Anthropic
Failed crypto exchange FTX has unexpectedly halted the sale of its stake in th…
Binance to Lose Euro Transfers as Paysafe Drops Support
Paysafe will discontinue support for bank transfers of euros to and from Binan…
Mastercard Introduces Multi-Token Network to Support Wider Digital Asset Industry
Mastercard has introduced its Multi-Token Network (MTN), an app store powered …
North Carolina Advances Bill to Study Holding Bitcoin Using Crypto to Hedge Against Inflation
The U.S. state of North Carolina has advanced a bill to study holding cryptocu…
Change the Code Blasts Wall Street for Propping Up Bitcoin Initiatives
Change The Code, a Greenpeace-backed initiative that seeks to change Bitcoin’s…
European Banks to Disclose Exposure to Crypto Assets
Banks in the European Union will have to disclose their exposure to cryptocurr…
Alleged Admin of Darknet Marketplace Monopoly Market Extradited to US
The suspected administrator of the Monopoly Market darknet marketplace has bee…
Sharia-Compliant Islamic Coin Secures $200 Million in Funding From ABO Digital
Islamic coin, a Sharia-compliant crypto asset, has secured $200 million from AB…
Binance Abandons Planned Delisting of Some Privacy Coins in EU Markets
Cryptocurrency exchange Binance has reconsidered a decision to delist some pri…
Robert Kennedy Jr Promises to Protect Your Right to Use and Hold Bitcoin as President
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has promised to en…
Crypto Exchange Binances Motion to Restrain SECs Public Statements Denied
Binance’s attempt to prevent the U.S. Securities and Exchange Commission (SEC)…
Unplugged: The Impending Threat of Widespread Blackouts in Grid-Reliant Economies
Lately, the media has been captivated by the possibility of a grid collapse an…
Shanghai Clearing House Introduces Support for Digital Yuan Settlements
The Shanghai Clearing House, Asia’s first counterparty clearing institution, a…
State Duma Chairman of Financial Markets Committee: Russia to Exert Serious Control Over Crypto After Legalization
Anatoly Aksakov, chairman of the Financial Markets Committee of the State Duma…
Nevadas Financial Watchdog Seeks Receivership of Crypto Custodian Prime Trust Amidst Insolvency Concerns
In a recent submission to the Eighth Judicial District Court in Las Vegas, the…
IMF Director: Iranians Brazilians Saudis Switching to Trade in Chinese Yuan as De-Dollarization Gains Momentum
The International Monetary Fund’s (IMF) executive director for Russia says a g…
FTX Co-Founder SBF and Inner Circle Accused of Lavish Spending and Fraud in Latest Bankruptcy Report
On Monday, FTX released a second investigative report accusing co-founder Sam …
Chibi Finance Exit Scam: $1 Million Cryptocurrency Heist Rocks Defi Platform on Arbitrum
According to several reports, Chibi Finance, the decentralized finance (defi) …
IMF Boss: Supporting Egyptian Currency Akin to Putting Water in a Bucket That Has Holes
Kristalina Georgieva, the International Monetary Fund (IMF)’s managing directo…