Spanish Tax Agency Cracks Down on Crypto Holders
The Spanish Tax Administration Agency (AEAT) wants to send out 328,000 warning notifications to individuals who are responsible for paying their taxes for the 2022 fiscal year. This move is…
US SEC Hiring Attorneys for Crypto Assets and Cyber Unit
Regulators in the United States have been ramping up their efforts to regulate the crypto space, and the latest move from the U.S Securities and Exchange Commission (SEC) is no…
IOSCO to Consult on Crypto Regulation
The International Organization of Securities Commissions (IOSCO) has announced that it will launch a consultation on its regulation report for crypto assets in the second quarter of 2023. This consultation…
White House Report Casts Doubt on Cryptocurrencies
The White House's recently released Economic Report of the President includes a chapter questioning the benefits of cryptocurrencies. This is the first time the White House has included a section…
WisdomTree Third-Quarter Crypto Assets’ AUM Drop 36% As Market Losses Continue
WisdomTree, a financial investment company based in New York, on Friday released its latest earning report showing the asset manager’s cryptocurrency holdings have declined by 36% and now stands at…
CoinSmart Is on the Hunt to Buy Distressed Crypto Assets
CoinSmart Financial Inc., a crypto asset trading platform based in Toronto, Canada, announced on Wednesday that it is on the hunt to buy crypto startups in Canad6a, Europe, and the…
Cypherpunk Holdings Sells All Crypto Assets to Avoid Market Volatility
Cypherpunk Holdings, a Canada-based firm that invests in technologies and cryptocurrencies, announced on Tuesday that it has sold all of its Bitcoin and Ether holdings to ride out the ongoing…
Indonesia Set to Impose Income Tax on Crypto Assets from May
Indonesia, the largest economy in Southeast Asia, announced plans to charge value-added tax (VAT) on crypto-asset transactions as well as an income tax on capital gains from such investments at…
Bank of England Outlines Framework for Regulating Crypto Assets
The Bank of England, the Central Bank of the United Kingdom, announced Thursday the first regulatory framework for crypto assets in the country. The UK Central Bank made a move as it…
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CRYPTOCURRENCY
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Securities Watchdogs File Orders Against Crypto Lender Celsius
A news release published by the New Jersey government web portal indicates that the cryptocurrency lending platform Celsius has been sent a cease and desist order from the New Jersey…