2023-5-11 15:22 |
The IRS filed $44 billion in claims against bankrupt cryptocurrency exchange FTX and its subsidiaries over alleged tax reporting malpractices. origin »
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The US Internal Revenue Service (IRS) has filed tax claims in the FTX bankruptcy as the defunct exchange’s creditors seek fund reimbursement. This recent report shows the IRS filed dues of $44 billion in taxes associated with FTX and its subsidiaries.
2023-5-11 18:40 | |
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Crypto prices crashed on Monday morning, with the total crypto market cap dropping 2.4% to $3.2 trillion as investor sentiment further deteriorated amid fresh tariff war concerns. Bitcoin (BTC), the world’s largest crypto asset, dropped 3% to nearly $92,250 on…
The UAE’s multi-faceted strengths position it to spearhead stablecoin-led agentic payments, expediting the integration of innovative technologies.
Bitnomial has cleared a key regulatory step that allows it to launch prediction markets in the U.S. Bitnomial has taken a regulatory step that opens the door to a rapidly growing type of U.S.-based crypto trading. According to a Jan.…
Barclays has made its first direct investment in a stablecoin-related company by becoming a stakeholder in U.S. stablecoin-settlement firm Ubyx. Without disclosing the exact details or nature of the investment, the multinational financial services company told Reuters that the move…
Big Four accounting firm PwC is moving into the crypto space after years of maintaining a cautious distance, supported by a pro-crypto environment fostered by the Donald Trump administration. “We are never going to lean into a business that we…
In my latest article, I break down the major themes that defined crypto in 2025, shaped by a year of working with experts and thought leaders across the web3 industry.
A long-awaited decision in Washington is now set to reshape leadership at the U.S. derivatives regulator. A leadership change at a key U.S. market regulator is now set. Michael Selig was confirmed by the U.S. Senate on Dec. 18 and…