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IRS draft tax form for crypto defines unhosted wallets as brokers

The IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets on April 19. Ji Kim, Chief Legal and Policy officer at the Crypto Council for Innovation, wrote that the IRS’ approach is “unfortunate” as it does not recognize that unhosted wallet providers lack knowledge about […] The post IRS draft tax form for crypto defines unhosted wallets as brokers appeared first on CryptoSlate. дальше »

2024-4-20 03:57


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Arbitrum DAO to refine legal aid proposal for Tornado Cash amid industry debate

Arbitrum’s decentralized autonomous organization (DAO) has withdrawn a proposal aimed at funding the legal defense expenses of Tornado Cash’s developers. In a Mar. 9 post on social media platform X (formerly Twitter), Joseph Axisa, the Arbitrum DAO contributor who wrote the proposal, explained that it was removed for further refinements. дальше »

2024-3-12 18:50


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Elizabeth Warren reportedly seeking donations in expectation of crypto challenger

US Senator Elizabeth Warren is reportedly seeking donations to prepare for a possible challenge to her Senate seat, FOX Business’ Eleanor Terrett said on Feb. 19. In an email obtained by Terrett, Warren wrote: “New reporting … indicates that I officially have a Republican challenger considering running against me for Senate in Massachussets. дальше »

2024-2-20 03:41


Shiba Inu: Major News Ahead As Shibarium Transactions Skyrocket

Something big is going on behind the scenes for Shiba Inu. The developers are obviously working on something big, though they haven’t revealed what it is yet. Shiba Inu Telegram admin Ragnar Shib wrote via X (formerly Twitter): “Something is cooking in Shibarium Testnet,” and shared a screenshot of the Puppynet blockchain explorer. The image […] дальше »

2023-11-24 18:00


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SEC rumored to be instructing spot Bitcoin ETF applicants to incorporate cash creates

Bloomberg analyst Eric Balchunas reported on Nov. 17 that securities regulators are instructing spot Bitcoin ETF applicants to handle funds in a specific way. In a post on X, Balchunas wrote: “Hearing chatter [that the Securities and Exchange Commission’s Trading & Markets division] engaged [with] exchanges this week on spot bitcoin ETF 19b-4s, is advising […] The post SEC rumored to be instructing spot Bitcoin ETF applicants to incorporate cash creates appeared first on CryptoSlate. дальше »

2023-11-18 00:10


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Terror funding still relies on traditional financial systems like cash, not crypto: Coinbase

U. S. cryptocurrency exchange Coinbase wrote that the “overwhelming majority of terrorist funding still relies on traditional financial systems, like cash,” in an Oct. 17 blog post. The exchange made this statement in response to claims that the crypto industry actively facilitated transactions for malicious players. дальше »

2023-10-18 17:15


Elon Musk calls for overhaul of SEC after agency issues order against him

Elon Musk, owner and CTO of X (formerly Twitter), called for an overhaul of the United States’ main securities regulator and other agencies on Oct. 5. Musk wrote in a tweet: “A comprehensive overhaul of [regulatory] agencies is sorely needed, along with a commission to take punitive action against those individuals who have abused their […] The post Elon Musk calls for overhaul of SEC after agency issues order against him appeared first on CryptoSlate. дальше »

2023-10-7 22:45


Ledger reduces staff by 12% as controversial Recover feature looms

Hardware wallet manufacturer Ledger announced in a blog post on Oct. 5 that it will lay off a significant percentage of its staff while continuing operations. The company’s CEO, Pascal Gauthier, wrote in a letter: “Macroeconomic headwinds are limiting our ability to generate revenue, and in response to the current market conditions and business realities […] The post Ledger reduces staff by 12% as controversial Recover feature looms appeared first on CryptoSlate. дальше »

2023-10-6 01:40