2023-11-13 10:32 |
This obligation won’t be backed by a fine if the company fails to comply, and businesses will still be permitted to pay ransoms, though this is discouraged. origin »
Bitcoin price in Telegram @btc_price_every_hour
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FinCEN proposes regulations that would allow them to force businesses to report transaction details on almost anything they want.
2023-10-21 23:47 | |
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The East Asian country plans on setting out that crypto businesses should keep customers payments separate from their own tokens and that unregistered overseas firms should not solicit business in the country.
2023-9-9 14:32 | |
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Crypto Israeli investor and prominent businessman Moshe Hogeg is set to face charges for his alleged involvement in a $290 million scam, according to a report by Bloomberg on Wednesday. Over the last two years, Hogeg has been investigated by the Israeli Police for allegedly duping thousands of investors through several proposed crypto businesses. Related […]
2023-8-24 01:00 | |
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New reports reveal that Worldcoin plans to expand its operations to sign up more users by allowing organizations and governments to access its technology.
2023-8-3 16:21 | |
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According to a Bloomberg report, a small Pennsylvania-based bank has emerged as a top choice for crypto businesses, following the collapse of two other crypto-friendly lenders, Silvergate Capital Corp.
2023-7-19 00:00 | |
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According to a Federal Reserve Bank of Chicago research report, large investors were the driving force behind the 2022 runs on crypto businesses such as Celsius and others. A recent study by the Federal Reserve Bank of Chicago suggests that…
2023-5-17 14:52 | |
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Family businesses generally feel less interested in cryptocurrency as an investment than other classes of investors, according to a Goldman Sachs report based on surveys of decision makers in several countries.
2023-5-10 22:01 | |
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Coinspeaker Block Releases Q1 2023 Report Showing Cash App Bitcoin Revenue Rise 18% from Q4 2022 to Over $2B Block saw increased earnings on several fronts for Q1 2023 due to the success of its other businesses, including Cash App and Square.
2023-5-5 14:03 | |
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The Australian regulator has reportedly asked local banks to report on cryptocurrency transactions in the aftermath of SVB’s collapse. The announcement comes just a few days after the AustralThe post Banks should report exposure to crypto-related businesses: Australia appeared first on AMBCrypto.
2023-3-22 14:30 | |
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Amid the instability in the US banking sector, the United States Federal Deposit Insurance Corporation (FDIC) has reportedly now made a decision against the crypto industry. According to a report published on Wednesday evening, potential buyers of the crypto-friendly Signature bank can now submit their bids but with a major condition. The report said buyers of […]
2023-3-17 22:30 | |
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Crypto usage has been increasingly on the radar of tax authorities worldwide in recent years. The growing popularity of cryptocurrencies has increased their use for transactions and investments. Therefore, tax authorities want to ensure that individuals and businesses correctly report and pay taxes on any gains or income earned.
2023-3-13 07:54 | |
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They will have to register with the Financial Intelligence Unit and voluntarily report suspicious activities.
2023-3-9 14:55 | |
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Binance is a global crypto giant, with this outlook reflected in the cryptocurrency exchange’s annual revenue. OKX also saw a 4x organic growth in its revenue over the same period, while Huobi recorded a 98% drop in revenue in 2022 as the bear market decimated multiple crypto-focused businesses.
2023-1-12 16:08 | |
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The investigation was prompted by a report from Culper Research, which alleged that Core Scientific had “wildly oversold” its mining and hosting businesses.
2023-1-10 02:57 | |
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A U.S. Trustee filed an objection to plans by FTX to sell its units in Europe and Japan, among other businesses.
2023-1-8 00:58 | |
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Non-fungible token (NFT) and gaming investor Animoca Brands plans to set up a fund worth as much as $2 billion to invest in metaverse businesses, the firm's co-founder has said in an interview, Nikkei Asia reported Wednesday.
2022-11-30 14:26 | |
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VC: Galaxy Digital Research has noted in its latest report that VCs invested more than $5.5 billion in cryptocurrency businesses in Q3 2022, but it was a new low for the year. The post VC: Q3 Hits a New Low in Crypto Venture Capital Investments. Here’s Why appeared first on BeInCrypto.
2022-10-31 00:21 | |
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Blockchain technology is now so big that companies can no longer ignore it and some have already started taking the lead in integrating the technology into their businesses. The top companies around the world are currently betting big on the market, and according to a new report, a good chunk of the top 100 countries […]
2022-10-14 02:00 | |
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As blockchain businesses and crypto users struggle to decipher crypto legislation in the U.S., a new report by Prime Trust provides context and guidance to current and potential U.S cryptocurrency regulation.
2022-10-14 20:00 | |
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The counterfeit business is thriving, while genuine businesses are suffering greatly. According to one report, counterfeit goods cost the global economy an estimated $323 billion in 2018. As stated by Forbes, counterfeiting is the world’s largest illegal industry. By 2022,…
2022-9-25 01:30 | |
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According to Bloomberg report, Singapore is tightening up its surveillance of cryptocurrency-related businesses. The country is adopting these measures in light of the upcoming legislative reforms.
2022-8-27 22:30 | |
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Bloomberg had reported that the two operations would merge their venture capital businesses.
2022-8-26 23:03 | |
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A joint report by two leading financial institutions, KPMG and HSBC, revealed that over a quarter of the 6472 startups operating in the Asia Pacific region have their core businesses in crypto-related activities.
2022-7-20 06:05 | |
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Indeed, the crypto-space has become the favorite place for cybercriminals worldwide for some years, but some countries are more prolific than others. Similarly, continuous cyber-attacks on crypto-oriented businesses by North Korean hackers have set it at the top of the list of five leading countries in crypto crimes 2022, per the report of Coincub published […]
2022-6-30 23:00 | |
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A new Deloitte survey has revealed that US retailers believe that crypto adoption among businesses will rise to a new high as 83% of them think ‘digital currencies’ will become a legal tender within the next ten years.
2022-6-9 19:00 | |
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The US Department of Justice (DOJ) has called for more international collaboration and sharing of information about crypto crimes to protect investors, businesses, and consumers using digital assets in its latest report.
2022-6-9 21:00 | |
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NOWpayments has announced that it is now enabling businesses to accept payments in Shiba Inu via BSC chain
2022-5-31 15:54 | |
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Analysis Group, one of the biggest and most renowned consultation businesses throughout the globe, posted meticulous research into the likely economic impact of the metaverse. The report highlighted that it could potentially inject a whopping $3 trillion into the world economy in the coming decade.
2022-5-25 05:41 | |
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Chainabuse allows crypto users, victims of financial crimes and crypto businesses to report, discuss and actively issue warnings to reduce the effectiveness of scams.
2022-5-19 19:00 | |
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Cryptocurrencies are getting harder to ignore with each passing day. It's not just big institutions acquiring crypto but even small businesses have been following the same tune. The crypto industry isThe post Report: 82% SMBs are open to accepting cryptos as payments in 2022 appeared first on AMBCrypto.
2022-1-14 17:30 | |
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A new report reveals over half of its respondents believe cryptocurrency payments give businesses a competitive edge.
2021-12-24 13:14 | |
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Many of the biggest crypto-related businesses in India will meet with the government next week to share their views about the industry. Indian Crypto Companies Set To Meet With Government On Nov 15 As per a report from Business Insider, the leading crypto businesses in India will attend a meeting with the government this coming […]
2021-11-13 22:00 | |
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Skynova provides invoicing software for small businesses and in order to gauge the level of adoption when it comes to crypto payments, the company surveyed 584 small-business owners and managers located in the US.
2021-10-23 01:41 | |
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In a report made on Oct 20, Australian lawmakers said the country needs a new crypto regulatory regime to remain competitive. The post Australian Lawmakers Encouraging Competitive Crypto Regulations for Businesses appeared first on BeInCrypto.
2021-10-21 08:54 | |
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Satoshi Nakamoto’s original plan of revolutionizing the financial landscape is gradually coming to the fore. According to a report by one of the Big Four accounting firm Deloitte, more businesses and professionals are open to the idea of digital assets playing a role in their operations in the future.
2021-8-24 22:44 | |
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The government of Kazakhstan would soon reportedly allow financial institutions to offer banking services to cryptocurrency exchanges in the country to facilitate crypto transactions. Local Banks to Service Crypto Exchanges The report by the Astana Times which mentioned the Data Center Industry and Blockchain Association of Kazakhstan as the source stated that crypto-based businesses wouldRead More
2021-7-28 23:00 | |
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The new American Families Plan Tax Compliance Agenda would go into effect in 2023, the agency wants crypto businesses to report transactions in excess of $10,000. Just like they report Cash transactions in excess of $10k The post US Treasury Wants k Crypto Transactions Reported; Likely to Rise In ‘Importance in the Next Decade’ first appeared on BitcoinExchangeGuide.
2021-5-21 16:36 | |
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In May 2021, the US treasury department released a new report with some new guidelines that all businesses making $10 thousand or more inflows and outflows must report to the Internal Revenue Services.
2021-5-21 12:31 | |
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Instagram is planning to host a three-day event named Creator Week to help content creators grow their businesses. A report unveiled this news on May 19, noting that this program will see the Facebook-owned social platform discuss non-fungible tokens (NFTs) among other topics through a series of virtual streaming sessions.
2021-5-21 22:28 | |
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Continued political buzz is abundant lately around crypto, and today is no exception. In a initial report from Bloomberg this morning, the U.S. Treasury has shared intent to require businesses, and likely individuals as well, that transfer $10,000 USD and above in crypto to report the transactions to the IRS. The move is part of […]
2021-5-21 22:13 | |
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A tax enforcement proposal from the Biden administration may compel businesses to report bitcoin transactions exceeding $10,000 to the IRS.
2021-5-21 21:52 | |
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The U.S. Department of the Treasury has announced measures to crack down on tax evasion involving cryptocurrencies as part of President Joe Biden’s proposed tax compliance measures. Among the measures is a requirement for businesses that receive crypto assets with a fair market value of more than $10,000 to report transactions to the IRS. Treasury […]
2021-5-20 20:32 | |
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India’s central bank, the Reserve Bank of India (RBI), has reportedly informally asked banks to cut ties with cryptocurrency exchanges and traders. Some banks in India have limited their exposure to the crypto market and some plan to stop all crypto-related transactions.
2021-5-14 13:00 | |
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The major retail and commercial financial institution National Westminster Bank (Natwest) has categorized cryptocurrencies as “high risk” and refuses to serve business customers who accept digital assets for payments.
2021-4-23 07:30 | |
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The UK financial watch dog FCA will now compel all cryptocurrency businesses file in financial crime reports and refer to these firms as “REP-CRIM”
2021-3-31 12:54 | |
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Establishing this law is part of the new wave of regulation in South Korea to operate crypto businesses transparently. Existing firms will have six months to comply with the rules or face strict penalties.
2021-3-19 00:07 | |
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Hawaiian House Democrats are requesting the Department of Commerce and Consumer Affairs, to consider easing stern rules against crypto businesses. A report unveiled this news on March 17, noting that 10 democrats sponsored a bill that seeks to amend the harsh laws against crypto firms that have been in place for almost five years.
2021-3-19 23:59 | |
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Strict reporting rules for crypto businesses in South Korea are set to come into effect, with existing firms given six months to comply or face stiff penalties.
2021-3-17 11:58 | |
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Bitcoin-linked businesses in South Africa are criticizing the government for its slow approach towards implementing clear and amenable regulation for the industry. The firms are threatening to orchestrate a mass exodus if things remain the same, according to a Bloomberg report on March 9, 2021.
2021-3-10 01:00 | |
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At the time of writing, the total amount returned to GMX stood at approximately $20 million. GMX acknowledged the technical sophistication of the exploit and issued a $5 million bounty for the return of funds.
Gotbit founder and CEO Aleksei Andriunin was extradited to the US on Feb. 25, the US Attorney’s Office, District of Massachusetts said. The 26-year old Russian national was arrested in October 2024 over allegations of market manipulation and fraud.
Safemoon CTO Thomas Smith has pleaded guilty to charges in a $200 million crypto fraud case. US authories arrested the Safemoon exec, alongside CEO Braden John Karony, in 2023. Thomas Smith, the chief technology officer of SafeMoon LLC, has pleaded guilty to two charges of securities fraud conspiracy and wire fraud conspiracy.
Crypto scams around pig butchering saw crypto users lose over $3. 6 billion in 2024. This reflects a 40% surge in the past year. Pig butchering scams hit highest in 2024 to crypto users,according to a report issued by Cyvers.
Pink Drainer lost 10 ETH ($30,000) to an address poisoning scam, exploiting address similarities. Attackers mimicked Pink Drainer’s wallet address to deceive them into sending funds. The attack comes days after Pink Drainer announced ceasing operations.
Layerswap’s domain, layerswap. io, was hijacked, leading to a phishing scam and $100,000 loss. Despite delays, Layerswap regained control, pledged full refunds, and offered a 10% bonus. Crypto scams remain prevalent, with $46.
So far, concerns have escalated over the use of cryptocurrency by sanctioned groups and terrorist organizations, as revealed in the latest “2024 Crypto Crime Report” by leading blockchain analytics firm Chainalysis.