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Category Archives: Cryptocurrency Regulation and Taxation
Cryptocurrency Regulation and Taxation

SEC Postpones Bitcoin ETF Decisions, Including Blackrock’s – What’s Next?

SEC Puts Off Decisions on Several Bitcoin ETFs, Including Blackrock’s A recent turn of events has resulted in the United States Securities and Exchange Commission (SEC) deferring its determinations on the new proposals for spot bitcoin exchange-traded funds (ETFs) put forth by various organizations. Blackrock, a significant financial behemoth, alongside other firms such as assetContinue reading “SEC Postpones Bitcoin ETF Decisions, Including Blackrock’s – What’s Next?”
Cryptocurrency Regulation and Taxation

Starting Next Week: The Large-Scale Legal Battle Involving Sam Bankman-Fried

Is The Legal Bout Involving FTX Founder Underway? In an unprecedented event, cryptocurrency mogul, Sam Bankman-Fried, founder of FTX will face a progression of hearings starting from 3rd October 2023. In a decision deemed unusual, Bankman-Fried, unable to secure a temporary release, has been accorded rights to employ a strictly offline laptop to write notesContinue reading “Starting Next Week: The Large-Scale Legal Battle Involving Sam Bankman-Fried”
Cryptocurrency Regulation and Taxation

US Lawmaker Proposes Bill for Mandatory Off-Chain Crypto Transaction Reports to CFTC

Legislation to Regulate Off-Chain Cryptocurrency Transactions — A Turning Point? A groundbreaking piece of legislation has been brought forward by Don Beyer, a Democratic Congressman from Virginia. Under the terms of the proposed law, all cryptocurrency exchanges would be required to record and report off-chain transactions and over-the-counter (OTC) trading activity to the U.S. CommodityContinue reading “US Lawmaker Proposes Bill for Mandatory Off-Chain Crypto Transaction Reports to CFTC”
Cryptocurrency Regulation and Taxation

AGG’s Jack Vinijtrongjit Asserts Lack of Web3 Space Regulation Hinders Mainstream Adoption

Web3 Space: Non-Regulation Makes Widespread Adoption Difficult, Says AGG’s Jack Vinijtrongjit The CEO and Co-founder of the Web3 infrastructure firm, AGG, Jack Vinijtrongjit, believes that practical adoption of decentralized finance (defi) and non-fungible tokens (NFTs) can be expedited by creating and releasing tools that protect users from fraudulent individuals. He further elaborates, that the crucialContinue reading “AGG’s Jack Vinijtrongjit Asserts Lack of Web3 Space Regulation Hinders Mainstream Adoption”