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US banks just unlocked a loophole to profit from your crypto trades without holding the bag

On Dec. 9, the Office of the Comptroller of the Currency put out a press release with a very direct message for US banks: you are allowed to sit in the middle of crypto trades. In the memorably titled News Release 2025-121, the OCC published the somehow even worse-titled Interpretive Letter 1188 and confirmed that […] The post US banks just unlocked a loophole to profit from your crypto trades without holding the bag appeared first on CryptoSlate. дальше »

2025-12-14 23:00


Tether Accused Of Accessing Key Banking Information Via Signature Bank

Tether, the trailblazing firm behind the world’s largest stablecoin, has allegedly pulled off a daring move by exploiting a loophole that granted it access to the coveted US banking system.  As per insider sources cited by Bloomberg, Tether facilitated its clients’ fund transfers via Signature Bank’s payment platform, just as regulators were swooping in to […] дальше »

2023-4-5 15:15


President Biden’s Budget Blueprint Will Propose Changing the Tax Treatment of Cryptocurrency Transactions, Raising $24 Billion

Coinspeaker President Biden’s Budget Blueprint Will Propose Changing the Tax Treatment of Cryptocurrency Transactions, Raising $24 Billion The proposed Biden budget plan would close the current harvesting loophole on crypto tax losses, reducing wash sales trading. дальше »

2023-3-10 13:48


CryptoSlate Wrapped Daily: SBF out as CEO as FTX files for bankruptcy; SEC Chairman’s ties with exchange under scrutiny

The biggest news in the cryptoverse for November 11 includes  FTX filing for bankruptcy as John Ray III takes over from Sam Bankman-Fried as CEO, FTX users seeking to bypass bankruptcy process using the “Bahamas loophole”, US Congressman accused SEC Chairman of having dubious ties to FTX, and Crypto dot com disclosing reserve holdings to allay rumors […] The post CryptoSlate Wrapped Daily: SBF out as CEO as FTX files for bankruptcy; SEC Chairman’s ties with exchange under scrutiny appeared first on CryptoSlate. дальше »

2022-11-12 01:31


Can You Borrow Against Crypto To Avoid Taxes?

How are crypto traders avoiding taxes with a lending loophole? Yes, you can use this loophole to reduce your tax amount. But, there are some caveats which we discuss further below. Emerging crypto-based lending companies have created a stupid but rather useful tax loophole by taking advantage of the tax rule that any crypto-to-crypto transfer […] The post Can You Borrow Against Crypto To Avoid Taxes? appeared first on CaptainAltcoin. дальше »

2022-10-5 14:08


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Inside the $320 Million Ethereum-Solana Wormhole Attack: What Went Down and What’s Next?

Developers have successfully patched a loophole used by an attacker to exploit Wormhole, a bridge protocol used to transfer tokens between the Solana and Ethereum networks. According to a tweet by Wormhole, facts that ZyCrypto can now confirm following a series of ETH transactions, the attacker had exploited a vulnerability on the bridge, siphoning 120k […] дальше »

2022-2-3 14:27


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U.S Senator Spots Major Loophole Following China’s Bitcoin Mining Crackdown, But Will The U.S Tap In?

Cynthia Lummis, a US senator representing Wyoming recently took to Twitter to express her opinion on the recent developments with China-based miners, who have relocated. She called the actions of the Chinese government a serious mistake, while also noting that their actions are a huge opportunity for the USA, that is if more people in […] дальше »

2021-7-1 00:05