IRS team reports rise in crypto tax investigations
The Criminal Investigation (CI) Unit of the United Internal Revenue Service (IRS) reported an increase in the number of investigations…
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Coinbase initiative announces crypto-themed US presidential forum
The “Stand With Crypto” campaign launched by cryptocurrency exchange Coinbase plans to bring candidates for the 2024 United States presidential…
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Nayib Bukele steps down as El Salvador’s President ahead of re-election bid
El Salvador President Nayib Bukele, who was behind legislation recognizing Bitcoin (BTC) as legal tender in the country, has stepped…
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Sam Bankman-Fried will not file any post-trial motions, say lawyers
Following his conviction on federal fraud charges on Nov. 2, former FTX CEO Sam “SBF” Bankman-Fried will not pursue any…
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Terraform Labs and SEC lawyers spar over whistleblower in court: Report
Lawyers representing the United States Securities and Exchange Commission and Terraform Labs and co-founder Do Kwon sparred in court over…
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Courts will provide ‘good guidance’ for crypto — CFTC commissioner
Kristin Johnson of the United States Commodity Futures Trading Commission (CFTC) said there are many ways of handling cryptocurrencies in…
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SEC solicits comments on Fidelity’s spot Ether ETF application
The United States Securities and Exchange Commission (SEC) called on the public to comment on a proposed rule change that…
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Bitcoin for Christmas: MicroStrategy buys another $600M
Business intelligence firm MicroStrategy purchased 16,130 Bitcoin (BTC) in November, bringing its total holdings to more than $6 billion. In…
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US Deputy Treasury Secretary calls for additional tools to sanction crypto firms
Wally Adeyemo, Deputy Secretary of the United States Treasury, said his department is looking into new sanctions tools to pursue…
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Paxos receives in-principle approval to issue stablecoins in Abu Dhabi
Crypto firm Paxos has secured in-principle approval from Abu Dhabi’s regulator on two fronts: to issue stablecoins and conduct digital…
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