Fear of Retrospective IRS Regulation Changes Discourages Filing, Says Crypto Tax Expert
Many cryptocurrency users have not filed their tax returns, fearing that the Internal Revenue Service…
Bitcoin
Hokkoku Bank Launches Tochika, Japan’s First Deposit-Backed Stablecoin
Hokkoku Bank, a regional financial institution in the Ishikawa prefecture, launched Tochika, Japan’s first deposit-backed…
Stablecoin Issuer Tether Completes SOC 2 Type 1 Audit
Tether, the USDT stablecoin issuer, announced on April 1 that it had completed the System…
Singapore Imposes New Rules for Digital Payment Token Services
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has announced amendments to the Payment…
B2Prime’s Q1 Fiscal 2024 Results Highlight Strong Growth and Regulatory Compliance
PRESS RELEASE. B2Prime, a renowned multi-asset Prime of Prime liquidity provider, disclosed financial results of…
Crypto.com Expands Into South Korean Crypto Market
Cryptocurrency trading platform Crypto.com is entering the South Korean crypto market with its app launch….
Polygon CEO: L3s Might Represent a Threat to Ethereum’s Security
Marc Boiron, CEO of Polygon, an Ethereum-compatible sidechain scaling solution, gave his take on the…
Crypto Organizations Rally for Bitcoin Emoji, Seek 50,000 Signatures to Convince Unicode
Over 35 cryptocurrency entities, spearheaded by Nexo, have initiated a campaign to introduce a bitcoin…
US Government Transfers Nearly $2B in Bitcoin to Coinbase, Arkham Data Reveals
On April 2, 2024, the U.S. government executed a transaction involving nearly $2 billion in…
US Bitcoin ETFs See $85.7M Outflow After 4 Days of Gains; Grayscale’s GBTC Leads the Dip
After four days of consecutive inflows, the U.S. spot bitcoin exchange-traded funds (ETFs) experienced a…
Long-Term Bitcoin Holders Begin ‘Taking Chips Off the Table’ at Record Highs, Analysis Shows
A recent study by onchain analysts at Glassnode reveals a significant increase in profit-taking activities…
In 22 Days, Liquid Staking Platforms Witness a 340,000 ETH Decline
According to the most recent data, within the last 22 days, the volume of staked…
Bitcoin Dips Below $66,000 Ahead of Fourth Halving, Loses Over 5% in 24 Hours
The price of bitcoin experienced a decline on Monday, near 10:00 p.m. Eastern Time (ET),…
Bank of Russia: Russians Transacted $51 Billion in Crypto During 2023
The Bank of Russia noted that Russian nationals transacted $51 billion (4.78 trillion rubles) in…
After Sam Bankman-Fried’s Sentencing, Spotlight Turns to Former FTX Associates
After Sam Bankman-Fried was sentenced to nearly a quarter-century behind bars for his involvement in…