New tax rules for crypto in the US: Law Decoded
The United States Internal Revenue Service has released proposed regulations on the sale and exchange of digital assets by brokers. Go to Source
Gemini
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Digital Currency Group files motion to dismiss Gemini lawsuit, claiming it’s a PR campaign
Gemini’s complaint filed in July alleged DCG and Barry Silbert had made “false, misleading, and incomplete representations and omissions” related to Genesis and the Earn program. Go to Source
Crypto Biz: Winklevoss slams Silbert, Twitter’s double-edged sword and more
This week’s Crypto Biz also explores Gemini’s fight with the Digital Currency Group (DCG) over user funds, new banking tools for the digital yuan, and OpenAI’s efforts to stop users from jumping paywalls. Go to Source Powered by WPeMatico
Gemini files lawsuit against Digital Currency Group and Barry Silbert over Genesis and Earn program
Gemini co-founder Cameron Winklevoss alleged Barry Silbert committed fraud by knowing Genesis was “massively insolvent” when attempting to continue the Earn program. Go to Source Powered by WPeMatico
SEC has pushed investors into ‘toxic’ crypto products and FTX: Winklevoss
Gemini co-founder Cameron Winklevoss said the SEC’s refusal to approve a spot Bitcoin ETF has been a “complete and utter disaster for US investors.” Go to Source Powered by WPeMatico
Crypto Biz: The race for a Bitcoin spot ETF, Wall Street’s new crypto exchange, and other news
The bid for the first Bitcoin (BTC) spot exchange-traded fund (ETF) in the United States is gaining traction following BlackRock’s recent application. Go to Source Powered by WPeMatico
Winklevoss twins’ Gemini launches Ethereum staking in the UK
Gemini Staking Pro allows institutions in the U.K. to become Ethereum validators by locking up at least 32 ETH, worth about $60,000 at the time of writing. Go to Source Powered by WPeMatico
Binance launches regulated platform in Kazakhstan amid troubles in the West`
Amid growing regulatory uncertainty in the West several crypto platforms have shifted their focus toward the Asia Pacific region. Go to Source Powered by WPeMatico
Gemini plans Asia-Pacific expansion as part of ‘next wave of growth for crypto’
The crypto exchange has already announced efforts to expand into Canada and Europe amid a lawsuit from the United States Securities and Exchange Commission. Go to Source Powered by WPeMatico
Winklevoss twins’ crypto exchange Gemini to seek UAE crypto license
The United-States-based cryptocurrency exchange is now seeking a license in the United Arab Emirates as it seeks to escape “hostility and [a] lack of clarity” on regulations in the U.S. Go to Source Powered by WPeMatico
