Council of Europe adopts DAC8 crypto tax reporting rule
The eighth iteration of the Directive on Administrative Cooperation (DAC8), a cryptocurrency tax reporting rule, was...
Nishad Singh says there is ’a lot’ he doesn’t remember about FTX in 2022 — SBF trial
Lawyers representing former FTX CEO Sam “SBF” Sam Bankman-Fried conducted their cross-examination of Nishad Singh, pressing...
Coinbase lobbying efforts face setback from Hamas’ crypto use: Berenberg analysts
The use of cryptocurrency by Hamas militants to fund recent attacks on Israel may have set...
Europe’s AML regulations come at a high cost — for your privacy and otherwise
The European Union’s financial regulatory landscape is in flux with the introduction of multiple Anti-Money Laundering...
US expands export controls for AI semiconductor chips to China
The United States Department of Commerce’s Bureau of Industry and Security (BIS) released a notice on...
Pro-crypto lawmaker stays interim US House Speaker as frontrunner loses first round of voting
North Carolina Representative Patrick McHenry, chair of the United States House Financial Services Committee and crypto...
South Korean regulator outlines steps to enhance digital asset legislation
South Korea’s Financial Supervisory Service (FSS) is preparing regulations to supplement the Virtual Asset Users Protection...
Fed governor Bowman doubles down on CBDC skepticism, likes stablecoin no better
Federal Reserve Board governor Michelle Bowman shared her views on financial innovation in a speech at...
Russian telecoms giant MTS announces ads service targeting Telegram users
Russia’s largest telecommunications firm, MTS, claims it will launch an advertising service targeting Russian Telegram users,...
Binance.US asks users to convert USD into stablecoins for withdrawals
Cryptocurrency exchange Binance.US has updated its terms of service, hinting that direct withdrawals in United States...
Canada central bank assesses innovations and challenges of DeFi
The Bank of Canada published a staff note on decentralized finance (DeFi) on Oct. 17, assessing the...
UK’s ‘Help with Fees’ scheme won’t define crypto as disposable income
British citizens who hope to access legal assistance through the proposed “Help with Fees” (HwF) scheme...
FTX customers could get $9B shortfall claim payout by mid-2024
The customers of bankrupt crypto exchanges FTX and FTX.US could see over 90% of assets returned...
‘I’m still not seeing it’ — Judges skeptical of Ryder Ripps’ BAYC appeal
Nonfungible token (NFT) artist Ryder Ripps’ most recent attempt to dismiss the Bored Ape Yacht Club-related...
Pennsylvania crypto mining permit halt cut from bill after union pressure
A Pennsylvania House Representative has cut a two-year crypto mining ban from their bill to regulate...
The explosive revelations of Caroline Ellison: Law Decoded
Last week, the FTX court saga had elements of a TV drama, with Sam “SBF” Bankman-Fried’s...
Former FTX engineering director faces up to 75 years in prison following guilty plea
Nishad Singh, the former engineering director at now-defunct crypto exchange FTX, has reportedly said he “hopes...
NYC mayor releases plans for responsible AI usage in local government
The administration of New York City Mayor Eric Adams released a plan for the adoption and...
Federal judge gives Genesis 5 days to comply with Terraform Labs subpoena
A United States judge has approved an order requiring Genesis Global entities to produce certain documents...
SEC plans scrutiny of crypto dealer-brokers, transfer agents, per 2024 exam guide
The United States Securities and Exchange Commission released its 2024 examination priorities report on Oct. 16....
Tether freezes 32 addresses linked to terrorism in Israel and Ukraine
Key takeaways Stablecoin issuer Tether has frozen over 30 crypto addresses linked to terrorism and warfare...
Scammers prefer banking customers over crypto investors in Ireland: Report
Fraudsters in Ireland prefer targeting traditional banking customers instead of cryptocurrency investors amid a two-year-long bear...
