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CFTC Commissioner Calls for ‘Robust Guardrails’ Around Crypto Industry
CFTC Commissioner Caroline Pham calls for revised rules and regulations for the digital asset industry. The post CFTC Commissioner Calls for ‘Robust Guardrails’ Around Crypto Industry appeared first on BeInCrypto. дальше »
2023-9-8 23:49 | |
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FASB unveils new crypto accounting rules, details inside
FASB's new rules mandate fair-value accounting for cryptocurrencies, aligning them with the treatment of financial assets. Public companies must now separate their crypto assets from intangibleThe post FASB unveils new crypto accounting rules, details inside appeared first on AMBCrypto. дальше »
2023-9-7 16:00 | |
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Financial Accounting Standards Board Sets Forth ‘Fair Value’ Rule for Cryptocurrency
The FASB has announced it will update its crypto accounting rules. The post Financial Accounting Standards Board Sets Forth ‘Fair Value’ Rule for Cryptocurrency appeared first on BeInCrypto. дальше »
2023-9-6 22:04 | |
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New SEC hedge fund rules not expected to trouble crypto firms
The SEC overstepped its legal mandate when it issued sweeping new rules, plaintiffs said. дальше »
2023-9-2 19:34 | |
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Judge rules in favour of Uniswap in class action lawsuit
A US court has dismissed the class action lawsuit against crypto platform Uniswap. The suit alleged Uniswap users lost money in scam tokens on the platform,but the judge ruled you cannot sue software of provider of the software for crimes committed by third parties. дальше »
2023-8-31 23:02 | |
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Republican lawmakers object to Fed’s proposed crypto, stablecoin rules
Three U.S. representatives expressed concerns on Aug. 28 regarding stablecoin and crypto rules recently put forward by the Federal Reserve. Today’s objection was signed by three U.S. representatives: Patrick McHenry, Chairman of the House Financial Services Committee; French Hill, Chairman of the Committee on Financial Services Subcommittee on Digital Assets; and Bill Huizenga, Chairman of […] The post Republican lawmakers object to Fed’s proposed crypto, stablecoin rules appeared first on CryptoSlate. дальше »
2023-8-29 22:50 | |
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Comprehensive Yet Incomplete: What MiCA Leaves Out of Crypto Rules
The European Union’s Markets in Crypto-Assets (MiCA) regulation is the most comprehensive global crypto framework. However, it’s essential to understand that not all crypto-assets and activities fall under its purview. дальше »
2023-8-27 14:30 | |
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Will US Treasury proposals kill defi? Critics blast new crypto bill
The US Treasury Department recently revealed a proposal outlining new tax rules for the cryptocurrency industry. Among the updates is the introduction of a 1099 form for crypto transactions. The new guidelines also clarify tax obligations for digital asset miners. … дальше »
2023-8-26 21:56 | |
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Chancer reawakens interest in decentralised betting, but how good is the investment?
In betting, it is the bookmakers who control the system. They decide what users can bet on, the rules to play with, and the odds. This gives the bookmakers an unfair advantage and limits the freedoms of the bettors. дальше »
2023-8-26 15:24 | |
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Binance Suspends P2P Transactions in Russia After Lapse Sanctions Enforcement Scrutiny
Following reports that Binance had failed to prevent P2P payments from sanctioned Russian banks, the exchange has imposed stricter rules, and others have followed suit. The post Binance Suspends P2P Transactions in Russia After Lapse Sanctions Enforcement Scrutiny appeared first on BeInCrypto. дальше »
2023-8-26 15:15 | |
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How digital assets will be affected following IRS' new rules
This initiative is a part of the Biden administration's wider implementation of the bipartisan Infrastructure Investment and Jobs Act (IIJA). The proposal also drew attention to the ongoing disThe post How digital assets will be affected following IRS' new rules appeared first on AMBCrypto. дальше »
2023-8-26 13:00 | |
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Rep. Patrick McHenry calls proposed crypto tax rules an ‘attack on the digital asset ecosystem’
Patrick McHenry, Chairman of the House Financial Services Committee, commented on newly proposed crypto taxation rules on Aug. 25. The IRS, along with the U. S. Treasury, proposed those taxation rules earlier in the day. дальше »
2023-8-26 22:20 | |
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IRS releases draft of proposed reporting rules for digital asset brokers
House Financial Service Committee Chair Patrick McHenry said the rules are part of “the Biden Administration’s ongoing attack on the digital asset ecosystem.” дальше »
2023-8-26 19:40 | |
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US Government Releases New Proposals for Crypto Taxes
New proposed rules require crypto exchanges and brokers to report digital asset transactions and cost basis to the IRS starting in 2026. The post US Government Releases New Proposals for Crypto Taxes appeared first on BeInCrypto. дальше »
2023-8-26 19:36 | |
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Treasury, IRS propose crypto tax rules defining DeFi platforms as brokers
The U. S. Treasury Department has proposed updated tax rules aiming to streamline the crypto tax landscape, as reported by the Wall Street Journal. The proposed rules, when fully implemented, will obligate crypto businesses to interact with the IRS in a similar fashion to traditional brokers handling stock and mutual fund portfolios. дальше »
2023-8-25 18:55 | |
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Google Crypto Ad Scam Drains Victim of $900,000; Do We Need Stricter Rules?
The unsuspecting user was redirected to a malicious doppelganger site, "http://cbridge. ceieler. network," instead of CELER. The fraud site then prompted the user to approve a transaction. When the victim complied, his digital assets worth close to $900,000 was reportedly drained from his wallet. дальше »
2023-8-23 12:45 | |
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3AC Founders Slammed With $2.6 Million Fine By Dubai’s Regulator Over New Exchange
Barely months after the collapse of Three Arrows Capital (3AC), founders Kyle Davies and Su Zhu’s new digital currency exchange OPNX have run into trouble with Dubai’s regulator. In a public disclosure, the Dubai Virtual Assets Regulatory Authority (VARA) confirmed that it had placed fines on OPNX and its founders over violations of local rules. […] дальше »
2023-8-22 21:19 | |
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Federal judge rules art generated purely by AI cannot be copyrighted
According to a federal judge’s ruling on Aug. 18, art and media generated purely by artificial intelligence (AI) do not fall under copyright protection The ruling concerns Stephen Thaler, who attempted to register a piece of AI-generated artwork with the U. дальше »
2023-8-22 00:20 | |
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US judge rules in favor of human ingenuity, denies copyright for AI art
This ruling shifts the conversation on AI and copyright, underscoring the significance of human creativity in intellectual property. дальше »
2023-8-20 13:06 | |
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The FCA Doubles Down on ‘Travel Rule’ Enforcement for Crypto Transactions
The United Kingdom's Financial Conduct Authority sets forth new rules for parties to cryptoasset transactions. The post The FCA Doubles Down on ‘Travel Rule’ Enforcement for Crypto Transactions appeared first on BeInCrypto. дальше »
2023-8-19 23:59 | |
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Coinbase Canada Suspends Trading on These 3 Crypto Tokens Amid Stricter Rules
Canadian Coinbase users cannot trade the three mentioned tokens by the end of this month. However, Coinbase clarified that this would not impede their ability to access their RAI, DAI, or USDT wallets. дальше »
2023-8-18 12:48 | |
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Dubai Warns OPNX Exchange Over $2.7 Million Unpaid Fine
Dubai's Virtual Assets Regulatory Authority (VARA) has warned the OPNX crypto exchange over an unpaid fine of $2. 7 million for violating marketing, advertising, and promotion rules. The post Dubai Warns OPNX Exchange Over $2. дальше »
2023-8-17 18:45 | |
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Coinbase political initiative features US lawmaker who admitted to ethics violations
Rep. David Schweikert, featured as a lawmaker “very supportive” of crypto in the United States, paid $175,000 as part of a settlement related to violations of House ethics rules. дальше »
2023-8-16 21:32 | |
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G20 Set to Crystalize Global Crypto Rules as India Wraps Up Presidency
G20 nations are set to crystalize crypto policies, the closest we may have come to globally coordinated rules for the industry. India has been at the helm of the efforts as the current president of the G20 and is likely to celebrate the progress during the Leaders' Summit in September. дальше »
2023-8-15 19:30 | |
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Today’s Crypto Chronicles: Unveiling the Latest Events in the Cryptocurrency Realm
Crypto Landscape Today: Insights into Current Trends Impacting Bitcoin Valuation, Blockchain Innovation, DeFi Evolution, NFT Surges, Web3 Advancements, and Regulatory Developments. Canadian Crypto Holdings Decline Amidst Stringent Rules and Price Dips The Bank of Canada (BoC) has unveiled a study revealing a downturn in cryptocurrency and Bitcoin ownership within the nation throughout 2022. дальше »
2023-8-4 18:40 | |
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SEC Rules Are Preventing Major Banks From Offering Crypto Custody Services – Here’s How
The market capitalization of the virtual currency industry has surpassed the $1 trillion mark. Still, leading U. S. banks are barred from getting any skin in the game by the country’s securities watchdog. дальше »
2023-8-3 20:02 | |
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HashKey Becomes the First Crypto Exchange to Serve Retail Customers in Hong Kong
HashKey becomes the first retail crypto exchange following the city's new rules. The post HashKey Becomes the First Crypto Exchange to Serve Retail Customers in Hong Kong appeared first on BeInCrypto. дальше »
2023-8-4 17:00 | |
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US senators call to implement strict tax reporting rules for crypto
US Senators urge Treasury and IRS to implement crypto tax rules by December 2023, warning of potential $1.5 billion revenue loss. Four U.S. Senators, Elizabeth Warren, Robert P. Casey, Jr., Richard Blumenthal, and Bernard Sanders, have sent a letter to… дальше »
2023-8-3 16:25 | |
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