Crypto tax startup TaxBit raises $130M in funding round, now valued at $1.3B
The company said some of the funds would be used to open new offices in the United States and the United Kingdom. Go to Source Powered by WPeMatico
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Crypto market cap returns to $2T for the first time since May
Bitcoin dominance is falling again as Ether rises and altcoins look to regain momentum. Go to Source Powered by WPeMatico
Titan launches actively managed crypto portfolio for US investors
Titan Crypto is attempting to bring professionally managed crypto portfolios to retail investors. The launch of the new offering coincides with a dramatic price rally for crypto assets. Go to Source Powered by WPeMatico
BREAKING: BitMEX announces $100M settlement with FinCEN, CFTC
No mention was made of criminal charges against former CEO Arthur Hayes or any other executives at the firm. Go to Source Powered by WPeMatico
Infrastructure bill passes US Senate — without clarification on crypto
“This legislation imposes a badly flawed, and in some cases unworkable, cryptocurrency tax reporting mandate that threatens future technological innovation,” said Senator Toomey. Go to Source Powered by WPeMatico
SEC wants ‘terabytes’ of Slack communications from Ripple
The SEC said that the previous production of Slack messages from Ripple was incomplete, and a massive quantity of data has not been collected. Go to Source Powered by WPeMatico
‘We’ll be back on this’ — Alabama senator derails crypto amendment with two words
“Who knows how much innovation we’re going to stifle, who knows what kind of new apps never emerge,” said Senator Pat Toomey. Go to Source Powered by WPeMatico
BREAKING: US lawmakers behind crypto amendments to infrastructure bill introduce compromise
The new compromise amendment could still be added to HR 3684 through a unanimous consent request — provided not even one senator objects. Go to Source Powered by WPeMatico
Cryptocurrency mining under proposed US policy changes
The impact of tighter crypto reporting requirements in the digital asset provision of the Infrastructure Investment and Jobs Act will concentrate on cryptocurrency mining. Go to Source Powered by WPeMatico
Circle plans to become a full-reserve national digital currency bank
Circle is willing to operate under supervision of the Federal Reserve, the U.S. Treasury, the OCC, and the FDIC, CEO Jeremy Allaire said. Go to Source Powered by WPeMatico
