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Republican lawmakers object to Fed’s proposed crypto, stablecoin rules

Three U.S. representatives expressed concerns on Aug. 28 regarding stablecoin and crypto rules recently put forward by the Federal Reserve. Today’s objection was signed by three U.S. representatives: Patrick McHenry, Chairman of the House Financial Services Committee; French Hill, Chairman of the Committee on Financial Services Subcommittee on Digital Assets; and Bill Huizenga, Chairman of […] The post Republican lawmakers object to Fed’s proposed crypto, stablecoin rules appeared first on CryptoSlate. дальше »

2023-8-29 22:50


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3AC Founders Slammed With $2.6 Million Fine By Dubai’s Regulator Over New Exchange

Barely months after the collapse of Three Arrows Capital (3AC), founders Kyle Davies and Su Zhu’s new digital currency exchange OPNX have run into trouble with Dubai’s regulator. In a public disclosure, the Dubai Virtual Assets Regulatory Authority (VARA) confirmed that it had placed fines on OPNX and its founders over violations of local rules. […] дальше »

2023-8-22 21:19


Today’s Crypto Chronicles: Unveiling the Latest Events in the Cryptocurrency Realm

Crypto Landscape Today: Insights into Current Trends Impacting Bitcoin Valuation, Blockchain Innovation, DeFi Evolution, NFT Surges, Web3 Advancements, and Regulatory Developments. Canadian Crypto Holdings Decline Amidst Stringent Rules and Price Dips The Bank of Canada (BoC) has unveiled a study revealing a downturn in cryptocurrency and Bitcoin ownership within the nation throughout 2022. дальше »

2023-8-4 18:40


IRS clarifies rules on crypto staking rewards

The Internal Revenue Service issued new guidelines on July 31, outlining its stance on taxing cryptocurrency staking rewards. The new directives stipulate that taxpayers who engage in staking of cryptocurrency native to a proof-of-stake blockchain and subsequently receive additional cryptocurrency units as validation rewards are required to include the value of these rewards in their […] The post IRS clarifies rules on crypto staking rewards appeared first on CryptoSlate. дальше »

2023-8-1 08:00