Saturday, April 27, 2024
The Treasury implements AI to improve the supervision of cryptocurrency transactions. The draft Form 1099-DA represents an important step in the implementation of crypto taxation. A House of Representatives committee is investigating the IRS's use of...
Institutional interest in cryptocurrencies increases in Canada, with 39% exposure. A KPMG survey reveals that 50% of financial services already offer cryptoasset services. Factors driving growth include rising US debt, dollar inflation and regulatory clarity.
Different platforms have unsuccessfully challenged the dominance of the exchange in the country and the upcoming regulatory framework has affected them. A recent report revealed that South Korean exchange Upbit dominates the local...
Igbara perpetrated multiple fraud schemes and defrauded investors of at least $8 million. Jebara Igbara, also known as "Jay Mazini", who claimed to be a Crypto on Instagram, was sentenced by US District...
The purported notice “warned” deposit money banks (DMBs), non-banking financial institutions (NBFIs), other financial institutions (OFIs), and the public about the risks associated with crypto transactions. Recent reports reported on an alleged notice...
Among his main expectations are a reduction in volatility, an increase in portfolio participation and a target price of more than $250,000. Matt Hougan, chief investment officer at Bitwise, has shared his predictions...
American billionaire and businessman Brock Pierce is involved in numerous controversies. According to the billionaire, Bitcoin will reach $1 million or fall to zero and everyone will forget about it. When purchasing cryptocurrencies, it is advisable...
Bitcoin Rainbow Chart shows the accumulation of BTC signals. Prediction models and analysts are predicting a major BTC rally in the coming months. Bitcoin rallied more than 68% in Q1 2024, but...
PayPal promotes green Bitcoin mining by promoting the use of renewable energy sources through additional rewards for miners. The initiative aims to reduce the environmental impact of Bitcoin mining, which currently produces 85 million metric tons...
The statement came in response to a recent Reuters news story about Venezuela's use of USDT. Tether, the crypto company that issues the USDT stablecoin, will block the addresses of any actor sanctioned...