Individuals transacting cryptocurrency on offshore platforms or independently must now report their movements when the amount of crypto transacted surpasses $5,000 per year. Users must now deliver sensitive data, including the purpose of each transaction, hashes, and destination addresses. Paraguay Ramps Up Crypto Reporting Requirements For VASPs and Individuals The government of Paraguay is ramping […]
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The US Department of Justice, business and financial industry groups and a coalition of decentralized finance (DeFi) firms have backed a legal challenge to Illinois’ 0.2% digital asset...
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