Coinbase VP Warns Taxing DeFi is Impractical
Tax vice president at US leading crypto exchange Coinbase, Lawrence Zlatkin, warned that implementing the proposal to change the taxation rule targeting decentralized finance is...
Bitcoin Donation Firm Supports Paperwork Reduction for Gifted Crypto
The firm maintains that it is absurd to demand an assessment of donations made in dollar-pegged stablecoins, for instance, USDT or USDC. On Friday, ‘The...
Coinbase Commits to Stay in US Despite Legal Uncertainty
Coinbase Exchange is currently facing a lawsuit from the Securities and Exchange Commission. The lawsuit was initiated on 6th June alleging the exchange of dealing...
Japanese Commercial Sector Asks Government to Amend Crypto Laws
The blockchain association of Japan has recently issued a new charter of demand from the government regulators. The association comprises of biggest companies from the...
Court Orders Kraken to Comply with IRS Demands and Disclose User Data
Court directs Kraken to offer details of persons involved in transactions surpassing the $20000 cap in the calendar year. Kraken, a crypto exchange, has been...
South Korean Lawmakers Propose a New Bill Requiring Public Officials to Disclose their Crypto Holdings
The ruling party of South Korea has been working on a new crypto regulatory proposal. This legislature is about public officials and the prospective candidates...
White House Proposes 30% Excise Tax Targeting Crypto Mining Firms
The White House is set to impose a 30% excise tax targeting crypto mining activities. In the report issued on Tuesday, May 2, Biden's administration...
Coinbase to Support UK in Developing Web3 Innovation Center
An April 17 report captured by Sky News revealed that the UK Treasury plans to restore the Asset Management Taskforce (AMT) operation to expedite the...
Bitfinex Securities’ License Approved By El Salvador Regulators
The suitability of the El Salvador crypto market continues to attract many foreign investors. The Hong Kong-based digital asset provider Bitfinex Securities has received regulatory...
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...