Crime Investigators Grapple with Surge in Illicit Crypto Operations
Market Analysis

IRS Shifts Crypto Tax Reporting Policy for 2023

January 25, 2024 0

Over the past few years, the Internal Revenue Service (IRS) has progressively modified its approach to cryptocurrency reporting on tax returns. This reflects the changing perception of digital asset transactions and ownership. The changes from […]

No Go for CZ: $4.5B Binance Stake Fails to Secure Travel Approval from Judge
Market Analysis

Judge Blocks $4.5B Travel Bond Bid

January 25, 2024 0

Changpeng Zhao, the former CEO of the crypto exchange giant Binance, has been denied permission to leave the US despite offering a staggering $4.5 billion bond. This development follows Zhao’s guilty plea to US anti-money […]

SEC Foresakes Appealing Grayscale Ruling: Spot Bitcoin ETF Approval Nears Reality
Market Analysis

Bitwise Sets Precedent with Spot Bitcoin ETF Transparency 

January 25, 2024 0

Asset management firm Bitwise disclosed that its spot Bitcoin exchange-traded fund (ETF) holdings and flow are visible directly to the public. This has sparked speculation in the crypto community about whether other recently approved spot […]

US SEC Postpones Verdict on BlackRock’s Spot Ethereum ETF
Market Analysis

SEC Delays BlackRock’s spot Ethereum ETF Application

January 25, 2024 0

The United States Securities and Exchange Commission (SEC) has postponed the decision on asset management firm BlackRock’s spot Ethereum exchange-traded fund (ETF) application. While it had a deadline to make a proposed a rule change […]