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IRS Requires KYC for DeFi in “Unlawful” Tax Reporting Rule
In a "final charge on its way out of power," the U.S. government agency finalized the rule, which mandates identification for DeFi front ends.
The Internal Revenue Service (IRS), the tax…
SEC prioritized Ripple while disregarding Sam Bankman-Fried and Charles Gasparino
The SEC's emphasis on Ripple's case raises concerns about the potential for the agency to overlook more significant matters, such as Sam Bankman-Fried's.
The ongoing legal dispute between…
Brazil will ban individual stablecoin transactions to increase KYC
The central bank of Brazil is becoming increasingly concerned about the potential for cryptocurrencies to divert attention from the real world. In an effort to encourage individuals to…
The Central Bank Survey Found 30% of Koreans Own Crypto Assets
According to reports, a substantial portion of the South Korean populace is investing in cryptocurrency.
The number of individuals who hold cryptocurrency on South Korean exchanges…
Strive related to Trump files for the “Bitcoin Bond” ETF
The fund's objective is to provide exposure to convertible bonds issued by MicroStrategy, as well as other securities.
Strive, an asset manager established by Vivek Ramaswamy, has…
MIRA charity memecoin raises over $1 million for cancer lab
Siqi Chen, the CEO of a technology company, reached out to X with a sincere appeal for donations to assist a laboratory's research into an uncommon form of brain cancer that had been…
Japan Rejects Bitcoin as a National Reserve Currency
Japan's government has declined to include Bitcoin in its national reserves due to its volatility and its exclusion from conventional foreign exchange assets.
Metaplanet, a private…
Swiss company Relai buys $1.24M Bitcoin for Christmas
Founded in 2020, Relai is a self-custodial Bitcoin trading program that has garnered over 400,000 installations and prioritizes user control over funds.
The company, which is…
Israel has authorized the introduction of six Bitcoin mutual funds on December 31
Israel has recently authorized the launch of six Bitcoin mutual funds on December 31, providing investors with a regulated entry point into the Bitcoin market.
On December 31, the Israel…
Binance endorses the Bitcoin Payment Pilot Proposal in Thailand
A pilot program to implement crypto payments in a tourist center in Thailand has received the support of the world's largest cryptocurrency exchange.
According to Thaksin Shinawatra,…