The Internal Revenue Service did not include decentralized exchanges or self-custodial wallets under its broker reporting requirements. Source link
A UK judge has ruled that Craig Wright, who claimed to be Satoshi Nakamoto, the creator of Bitcoin, lied extensively and forged documents during a high-profile trial. In a scathing 231-page judgment, Justice…
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In a landmark ruling, a judge at London’s High Court declared that Craig Wright, the Australian ‘computer scientist’ who has long claimed to be the elusive creator of Bitcoin, is not Satoshi Nakamoto….
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis…
The United States Financial Industry Regulatory Authority (FINRA) has revealed that about 70% of retail communications concerning cryptocurrencies violate its rule of misleading claims. According to an official report, FINRA identified communications that…
On October 23, 2023 we asked our attorney, Rafael Yakobi of The Crypto Lawyers to assemble an expert legal team to respond to the U.S. Department of the Treasury and FinCENâs proposed rules…
Key Takeaways The EBA extends Anti-Money Laundering guidelines to include European crypto companies. Updated guidelines help CASPs assess and mitigate risks related to financial crimes. EU’s comprehensive regulatory frameworks, ToFR and MiCA, are…
Today, the Financial Accounting Standards Board (FASB) announced new rules that will require companies to account for cryptocurrencies like Bitcoin at fair value. The rules are set to go into effect on December 15, 2024,…
In a subtle yet significant move, Google has quietly adjusted its Crypto Ad Guidelines, ahead of the anticipated launch of a Bitcoin Exchange-Traded Fund (ETF) in the US. Beginning January 29, 2024, the search…
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights â a newsletter crafted to bring you the most significant developments from the past week. The hacker who stole over…
The Blockchain Association, a United States-based cryptocurrency advocacy group, has submitted a comment letter mainly in opposition to tax regulations proposed by the Internal Revenue Service (IRS). In a Nov. 13 letter, the…
Microsoft is stepping up efforts to curb the creation of deceptive political ads, joining Facebook’s parent company, Meta, in rolling out new policies this week targeting misleading AI-generated political ads heading into the…
The United States Commodity Futures Trading Commission (CFTC) has turned its attention to how companies handle customer assets. The recent CFTC proposal seeks to enhance the rules for futures commission merchants (FCMs) and…
Key Takeaways The FCA has released comprehensive guidance tailored for crypto firms, aiming to assist them in navigating the newly established promotional regulations. Despite proactive measures from the FCA since the announcement of…