A remarkable development has occurred in the cryptocurrency market. An independent Bitcoin miner has managed to win the entire block reward, a …
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Regulation
India Issues Tax Notices to Crypto Traders Over Unreported Activity From Earlier Years
by shayaanby shayaanIndia is intensifying scrutiny of cryptocurrency activity as tax authorities flag system-estimated income that may not reflect actual profits, issuing reassessment notices …
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Regulation
CySEC Sets Deadline for CFD Brokers and Crypto Firms to Submit Last Year’s Data
by shayaanby shayaanThe Cyprus Securities and Exchange Commission has issued reporting guidance for EU investment firm branches operating in Cyprus, including retail CFD brokers, …
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Markets
Bitcoin Faces Fresh Pressure As Oil Crosses $104 For First Time In 4 Years
by shayaanby shayaanThey say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates …
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Mining
Bitcoin hashrate posts first-quarter drop for first time in 6 years as miners pivot to AI
by shayaanby shayaanFor the first time in six years, the bitcoin hashrate, the total computational power securing the network, fell during the first quarter. …
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Regulation
After years of “harsh” treatment Tether finally convinces ‘Big Four’ firm to audit USDT
by shayaanby shayaanFor years, the shortest line of attack against Tether was the demand for a full independent audit. The audit never came, and …
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Markets
Wall Street’s crypto push has been years in the making, says Morgan Stanley
by shayaanby shayaanMorgan Stanley’s Amy Oldenburg said banks are expanding into crypto not because of hype, but after years of infrastructure development. www.coindesk.com
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Regulation
The SEC just gave crypto its clearest win in years, but much of it could still be reversed
by shayaanby shayaanThe crypto industry finally got the clear lines it spent years demanding from Washington. Six days after the SEC and CFTC unveiled …
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Adoption
SEC makes huge U-turn, declares crypto tokens are ‘digital commodities’ after years of legal battles
by shayaanby shayaanThe SEC just made its biggest crypto classification move in years, placing major tokens such as Ethereum, Solana, Cardano, Dogecoin, Avalanche, XRP, …
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Markets
SEC, CFTC end years of rivalry with deal that will mean combined crypto oversight
by shayaanby shayaanThe two agencies sealed their memorandum of understanding to link the parts of their work that overlap, and coordinated crypto oversight is …