With the Markets in Crypto Assets (MiCA) Regulation coming into full effect in the EU, the future of USDT, Tether’s main stablecoin, faces increased uncertainty. To date, the company has not yet received the necessary authorization to operate legally in…
Key Street Shops Pierre Poilievre opposes central bank digital currencies and supports Bitcoin and other digital assets. Poilievre advocates favorable regulations for blockchain companies and sees crypto as a hedge against economic instability. Pierre Poilievre, the leader of the Conservative…
Over the past year, the price of bitcoin has declined by about 60% from its all-time high. This dampened the excitement surrounding the alpha base, but not completely. There are still many who have faith in the future of cryptocurrency.…
TLDR Coinbase granted an interlocutory appeal by Judge Failla in the SEC case The appellant will contest the SEC’s claims at the Second Circuit Court of Appeals The Judge stayed the district court litigation pending the appeal An appeal raises…
Key Street Shops FTX creditor refunds will begin within 60 days of January 3, 2025. BitGo and Kraken were appointed as distribution managers, requiring creditors to use the FTX Customer Portal for Debtors for KYC and tax submissions. After a…
For the first time, we are seeing a single US state (in this case New Jersey) pursue NFT-specific regulation in what is sure to be a tumultuous situation. A state billtitled the ‘Digital Assets and Blockchain Technology Act,’ has already…
Key Street Shops The IRS has delayed crypto tax reporting requirements until January 1, 2026. The delay helps brokers prepare for a new cost basis determination system for crypto assets. The Internal Revenue Service has delayed new crypto tax reporting…
The Russian government reportedly blacklisted OKX’s IP address on Wednesday for possible illegal activity related to the violation of Article 15.3 of Russia’s information law, reports said. According to Ross ComnadzorRussia’s internet censorship regulator, the Seychelles-registered cryptocurrency exchange disclosed information…
President-elect Donald Trump has appointed Bo Hines, the former college football player and House GOP nominee, as Executive Director of the President’s Council of Digital Asset Advisors, or Crypto Council. Hines will work closely with Trump’s new AI and crypto…
Key Street Shops Do Kwon pleaded not guilty to US fraud charges related to the collapse of TerraUSD and Luna. Kwon is accused of misleading investors about TerraUSD’s stability and functionality. Do Kwon pleaded not guilty to multiple fraud charges…