Bookmarking Crypto Insights
U.S. Republican Representative Patrick McHenry called for clarification on a “poorly” written digital asset tax provision in a letter to the Treasury. Go to Source Powered by WPeMatico
Various creators and promotors of two allegedly fraudulent crypto companies are facing a litany of charges that could land them 20 years in jail. Go to Source Powered by WPeMatico
As it stands, Japanese crypto issuers are required to pay a set 30% corporate tax rate on their holdings, even if they haven’t realized a profit through a sale. Go to Source Powered by WPeMatico
The four businesses FTX wants to sell had only recently been acquired, and lawyers argue this simplifies the sale process. Go to Source Powered by WPeMatico
Binance has faced a FUD-storm this week but a new CryptoQuant audit has verified its proof of reserves. Go to Source Powered by WPeMatico
As blockchain developers compete for traffic and resources for their respective dapps (decentralized applications), the downside to this, according to some in the industry, can be a poor user experience which in turn undermines the mass adoption cause. Therefore, unless current blockchains — both Layers 1 and 2 — can overcome niggling issues like high … Read more
Even conservatives and MAGA supporters are not pleased with Trump, as they were hanging on for a more serious announcement from the former president. Go to Source Powered by WPeMatico
Bahamas media reports that Sam Bankman-Fried lodged a new bid for bail just two days after a judge denied his previous application and called the FTX founder a flight risk. Go to Source Powered by WPeMatico
The Central Bank of Russia has introduced measures to protect entities working with digital assets from sanctions pressures. These businesses will be exempted from some reporting requirements as part of a regulatory relief intended to minimize the burden on financial organizations. Russia’s Central Bank Eases Supervision of Digital Asset Platforms Amid Sanctions The Central Bank … Read more
ASIC claimed a crypto yield-bearing product from Finder’s registered exchange was unlicensed, the firm disagreed but refused to say if it would fight the suit. Go to Source Powered by WPeMatico