Regulation

Crypto Lending: BlockFi to pay $100 million fine to SEC

In what is set to be one of the toughest penalties against a cryptocurrency firm, details have now emerged that the foremost crypto...

Digital Euro bill set to come in early 2023

Ever since Facebook, now Meta, launched the Libra (Diem) project in 2019, in partnership with twenty or so other companies, including MasterCard and...

“Transitory” U.S. inflation hits 7.5% in January, 40 year high

The U.S. inflation rate year-over-year, or the Consumer Price Index for All Urban Consumers (CPI-U) to be precise, increased 0.6% in January on...

As tensions mount over Ukraine, is Russia weening itself off dollars in favor of Bitcoin?

Wednesday saw Russia announce plans to recognize Bitcoin and other cryptocurrencies legally. Local news sources report that this paves the way to integrate...

If Russia regulates the market, Moscow could pocket $13 billion in crypto tax each year

While Moscow continues weighing its options for regulating cryptocurrencies, preliminary estimates suggest that Russian authorities could collect up to $13 billion (1 trillion...

No amount of regulation can make up for crypto illiteracy

As the crypto crowd ponders on what the coming year has in store for digital assets, one thing is for sure: Regulation is...

Russian lawmaker proposes 15% tax on crypto miners

As per local media reports, one of the leading Russian lawmakers has proposed a minimum 15% tax on crypto miners. Vladimir Gutenev, the...

IRS signals tax case retreat on staking, but the rules haven’t changed for everyone else

In 2019 Joshua Jarrett earned block rewards on proof-of-stake networks, paid taxes as if those rewards were income, and in line with IRS’...

U.S. debt hits $30 trillion, brrrrr…

Driven in most parts by a response to the coronavirus pandemic, U.S. national debt has surged more rapidly than projected in recent years....
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