Bitcoin News / Bitcoin.com - 3 months ago
On Tuesday, the U.S. Internal Revenue Service (IRS) and Treasury provided transitional guidance on digital asset reporting, postponing enforcement pending regulation issuance.
IRS Temporarily Halts Enforcement of Digital Asset Reporting
The U.S. Trea...
Cryptocoins Exchanges / CEX.IO - 3 months ago
The arrival of a new year is widely associated with new opportunities, and our company has kickstarted 2024 by adding 19 new cryptocurrencies to our cutting-edge ecosystem. As we continue to navigate a constantly evolving crypto landscape, this move...
Bitcoin News / Bitcoin.com - 3 months ago
In a detailed critique, the Blockchain Association counters the CFPB’s latest proposal to oversee digital consumer payment applications, citing legal and jurisdictional overreaches in the bureau’s approach to cryptocurrencies and digital...
Bitcoin News / Bitcoin.com - 3 months ago
On Jan. 4, the decentralized finance protocol Gamma Strategies was a victim of a hacking attack which saw criminals make off with digital assets worth over $3 million. To pre-empt further attacks, Gamma Strategies said it has shut off all deposits on...
Bitcoin News / Bitcoin.com - 3 months ago
South Koreans with digital assets held in non-custodial or decentralized crypto wallets like Metamask or Ledger are reportedly not subject to the country’s overseas financial account reporting requirement. According to a South Korean tax accountant,...
Bitcoin News / Bitcoin.com - 4 months ago
Radiant Capital, a decentralized finance (defi) platform, confirmed on Jan. 3, 2023, that it fell victim to an attack which saw the “protocol accruing bad debt in the WETH market, totaling about 1.3% of total protocol TVL” or $4.5 million...
Cryptocoins News / Blockchain - 4 months ago
The Digital Asset Anti-Money Laundering Act, backed by big banks and introduced by Senators Marshall and Warren, aims to regulate crypto under strict banking laws. (Read More)
Bitcoin News / Bitcoinist - 4 months ago
The world of digital finance is changing the way people manage their finances thanks to cryptocurrency. The largest cryptocurrency exchange in the world, Binance, recently carried out an extensive survey across several continents to learn more about...
Bitcoin News / Bitcoin.com - 4 months ago
Coinbase, the largest U.S.-based crypto exchange, has revealed Project Diamond, an initiative that seeks to provide the tools for institutions to issue native digital assets. The project, which integrates several technologies, including Coinbase̵...
Bitcoin News / Bitcoin.com - 4 months ago
Saudi Aramco, the largest oil and gas company by market cap, has partnered with SBI Holdings, a financial services group in Japan, to explore a potential collaboration for investing in digital assets. SBI also contemplates the launch of a subsidiary...
Bitcoin News / Bitcoin.com - 4 months ago
Several U.S. lawmakers have introduced a bipartisan bill to crack down on terrorist organizations by applying sanctions to foreign entities, including crypto platforms, that facilitate financial transactions for terrorists. The legislation would also...
Cryptocoins News / The Cointelegraph - 4 months ago
The new system works a lot like a time delay safe for digital assets with a policy engine to broker communications. IBM announ...
Bitcoin News / Bitcoin.com - 5 months ago
Digital assets worth just over $343 million were stolen from digital asset platforms in November alone. Centralized exchanges accounted for 53.8% of the total losses, with decentralized exchange platforms accounting for the remainder. The 34 attacks...
Bitcoin News / Bitcoin.com - 5 months ago
Two South African crypto platforms and an Austria-based digital asset platform have joined forces to launch a new alternative investment platform called Altify. The goal of the new outfit is to enable South African investors, particularly the younger...
Bitcoin News / Bitcoin.com - 5 months ago
The U.S. deputy secretary of the Treasury has revealed that the Treasury Department has asked Congress for more tools and authorities “to go after illicit actors in the digital asset space.” Moreover, he stressed: “We need to update...
Bitcoin News / Bitcoin.com - 5 months ago
The Monetary Authority of Singapore’s managing director has outlined the central bank’s plan to ensure seamless financial transactions across digital asset networks. “Currently, there is a proliferation of digital asset networks,” t...
Cryptocoins News / Finance Magnates - 5 months ago
GC Exchange FZE (GCEX), a part of the broader GCEX Group, has bolstered its presence in the Middle East by securing an operational virtual asset service provider (VASP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). Announced today (...