Major Crypto Exchanges Lament Outsized Scrutiny From US IRS
Major crypto exchanges fear that U.S. regulators see the industry as far more dangerous than it really is, posing major obstacles to development Go to Source Powered by WPeMatico
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From Taxes to Transparency: The IRS Gets Schooled on Crypto
A panel of experts spoke before the U.S. IRS on recent changes in crypto technology that are shaking up the world of taxation. Go to Source Powered by WPeMatico
Stock and Crypto Trading App Robinhood Fixes Day-Long System Outage
Some disgruntled traders want to file a class action suit against Robinhood for purported trading losses during a day-long system outage Go to Source Powered by WPeMatico
US Treasury Meets With Crypto Leaders to Discuss Industry Challenges
The United States Treasury Department met with cryptocurrency industry leaders and compliance experts to discuss the supervision of crypto assets Go to Source Powered by WPeMatico
US Court says $250 Million Stolen from Unnamed Exchanges
Two individuals may have stolen millions of dollars in virtual currency between 2018 and 2019, according to a court filing released this week Go to Source Powered by WPeMatico
US Government Sanctions Two Chinese Nationals in Connection With Lazarus Group Hack
The U.S. Department of the Treasury’s Office of Foreign Assets Control sanctioned two Chinese nationals accused of laundering cryptocurrency that was stolen in a 2018 crypto exchange hack, in connection with Lazarus Group Go to Source Powered by WPeMatico
West Virginia Abandons Blockchain Voting in Favor of Paper
West Virginia’s decision to ditch Voatz follows the publication of an MIT report that found that the platform has significant security flaws Go to Source Powered by WPeMatico
MoneyGram Declared $11.3 Million Ripple Cash Injection as Revenue
MoneyGram previously declared $11.3 million in “Ripple market development fees” as revenue Go to Source Powered by WPeMatico
Peter Thiel-Backed Startup Says Texas Is the Best Place to Mine Bitcoin
Layer1 is not the only mining company to launch flagship facilities in Texas, with Bitmain and Northern Bitcoin vying for their Texas-based operations to be the largest worldwide Go to Source Powered by WPeMatico
Why Banks Aren’t Banking Your Crypto Startup
The compromised reputation of the crypto industry is the main obstacle for the banking sector’s integration into the space Go to Source Powered by WPeMatico
