Bitcoin Surges towards $28000 Level Following Fed’s Injection
The unexpected fallout of the key market players in the banking sector in the US influenced the Federal Reserves to inject $300 million to support...
UK Legislators Introducing Crypto Profits Declaration in 2025
On March 15, the UK legislator announced that taxpayers must file their crypto profit along with their tax returns. The decision aimed at minimizing the...
Russian Crypto Miners Face Potential Prison Sentences for Tax Evasion under Proposed Bill
Reports indicate that the Russian Ministry of Finance proposes severe punishments for individuals who fail to declare cryptocurrency holdings. In addition, the Ministry of Finance...
TASE Stock Exchange Will Now Also Offer Digital Currency Trading
The Tel Aviv Stock Exchange (TASE), an entity that operates the only trading platform in Israel, intends to broaden its authorized operations to permit crypto...
KuCoin Faces Legal Action by New York Authorities
The New York authorities have filed a lawsuit against the cryptocurrency exchange KuCoin. The lawsuit alleges that KuCoin sold unregistered securities to investors in New...
Six Executives of AirBit Plead Guilty to $100M Ponzi Scheme
On Thursday, six executives of AirBit, a Ponzi scheme that left investors counting losses of over $100 million, pleaded guilty to wire fraud and money...
Conflicting Signals for the Status of Crypto in Thailand
The administration of Thailand is getting ready to offer tax exemptions and benefits to cryptocurrency firms that distribute digital and virtual assets. According to Reuter's...
Ukrainian Central Bank Suspends Bank Card Transactions, Binance and Kuna Confirm
Ukrainian Central Bank has suspended crypto transactions via bank cards in an attempt to prevent hryvnia, the national currency, from being used on exchanges. Following...
Crypto ATM Firm Profits from Bitcoin (BTC) Scams
Over fifty cryptocurrency firms had to end operations following investigations led by the United States Secret Service's money laundering and cybercrime Task Force. In addition,...
Silvergate Suspends Crypto Payments After Posting $1B Loss
On Saturday, Silvergate announced that it had halted its Silvergate Exchange Network (SEN) after the crypto-friendly bank raised concerns over its viability. Launched in 2017,...