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Silvergate reportedly cited restrictions on disclosing “confidential supervisory information” related to the collapse of FTX in response to a similar December 2022 letter. Go to Source Powered by WPeMatico
Even though this winter continues to stress test the case for Bitcoin advocation, some lawmakers strive to put their names on the crypto hot list. Go to Source Powered by WPeMatico
The U.S. will pay over $1 trillion in debt interest next year, the equivalent of three or more Bitcoin market caps at current prices. Go to Source Powered by WPeMatico
The IRS’s recommendation to check “Yes” boils down to receiving, earning, transferring or selling cryptocurrencies for any monetary benefit, including mining and staking. Go to Source Powered by WPeMatico
The group is known to have targeted critical infrastructure, healthcare providers, and more over the past two years. Go to Source Powered by WPeMatico
The over 100-page long document lists every entity FTX owes money to, inclusive of Big Tech players to local businesses from its Bahamian headquarters. Go to Source Powered by WPeMatico
Two claimants called out former Celsius CEO Alex Mashinsky in motions, claiming he misled users, while all suggested that the platform’s terms of use left assets in their control. Go to Source Powered by WPeMatico
Should the bill pass the legislature, Arizona voters could choose whether virtual currency is tax exempt as part of a November 2024 ballot measure. Go to Source Powered by WPeMatico
The lack of recordkeeping of FTX coupled with “an auditor no one’s ever heard of” forces the CFTC to ask questions about the mindset of the institutional investors. Go to Source Powered by WPeMatico
According to the commission, New Hampshire should work towards building a legal framework “for sound development of blockchain technologies and its applications.” Go to Source Powered by WPeMatico