IRS Investigative Unit Reports Rise in Crypto Tax Evasion Cases
Breaking News December 06, 2023

IRS Investigative Unit Reports Rise in Crypto Tax Evasion Cases

The US Internal Revenue Service’s (IRS) Investigations Unit reports increased crypto tax investigations for the 2023 fis...

Breaking News December 5, 2023

Crypto.com Obtains Electronic Money Institution License from UK’s FCA

Singapore-based crypto exchange Crypto.com received authorization from the UK’s Financial Conduct Authority (FCA) to ope...

Breaking News December 1, 2023

Brazil Set to Introduce 15% Tax on Crypto Income Held Abroad

The Brazilian Senate reportedly approved new crypto tax income regulations to see citizens pay up to 15% tax on earnings...

Breaking News November 29, 2023

Spanish Citizens Obliged to Declare Foreign Crypto Holdings over 50,000 Euro by End of March 2024

The Spanish Tax Administration Agency has published a tax declaration form that requires Spanish citizens holding crypto...

Breaking News November 15, 2023

Crypto.com Receives VASP License from Dubai’s VARA

Cryptocurrency exchange Crypto.com announced that its Dubai entity, CRO DAX Middle East FZE, obtained a Virtual Asset Se...

Breaking News November 8, 2023

US Lawmaker Suggests Cutting SEC Chair Gary Gensler’s Salary from Over $300K to $1

Representative Tim Burchett has proposed that Securities and Exchange Commission Chair Gary Gensler’s salary be cut to j...

Breaking News November 1, 2023

Turkey Prepares New Crypto Legislation in Bid to Get Off FATF “Grey List”

Turkey is preparing new, stricter cryptocurrency legislation in an effort to convince the Financial Action Task Force (F...

Breaking News October 25, 2023

Coinbase Takes on SEC’s Authority in A Final Attempt To Dismiss Lawsuit

Coinbase made its final attempt to get the lawsuit filed by the SEC dismissed. The crypto exchange argued the agency is...

Breaking News October 19, 2023

Inspector General Finds FDIC Crypto Risk Assessment Process Insufficient

The Inspector General’s Office (IG) of the FDIC recently published an evaluation report on the FDIC’s crypto risk assess...