The House Financial Services Committee also seemed inclined to adopt a bill giving the U.S. Secret Service more resources to investigate crypto crimes. Source link
Venezuela is ending its Petro cryptocurrency on Monday, more than five years after it was first launched, according to multiple reports. Source link
The tax, a form of income tax known as TDS, has prompted as many as 5 million crypto traders to move their transactions offshore, and has cost the government a potential $420 million in revenue since it was introduced in July, 2022, according
United States Senator Cynthia Lummis has scored another one for crypto with a Government Accountability Office (GAO) decision issued on Oct. 31. The GAO found that Securities and Exchange Commission (SEC) Staff Accounting Bulletin 121 should be subject to congressional review. That bulletin,
The digital euro “is a solution looking for a problem and potentially only causes problems … it will only cause confusion amongst consumers and could undermine confidence in financial systems,” Hoogeveen said, although he acknowledged his party might not have enough votes to
The liquidity provider just withdrew 8 million of Arkham’s ARKM token from Binance, increasing its position by 731%. Source link
Popular cryptocurrency mixer Tornado Cash has fully open-sourced its user interface (UI) code — a move its developers say fulfills their mandate of complete decentralization and transparency. Tornado Cash Classic UI became fully open-sourced on Thursday, the protocol’s anonymous developers announced in a Medium
It's "D" Day for India as the crypto community deals with the imposition of the most controversial tax provision today. Calculating the predicted impact of the tax will be a wait-and-watch game at a time when the global investment community is facing a
The 1% TDS liability – which will take effect on July 1 – is the most controversial provision of India’s recently introduced crypto tax law, with the industry even exploring a legal challenge. Another provision, which enforces a 30% capital gains tax on
The collection amassed huge popularity in crypto circles but its creator has now acknowledged being the person behind a pseudonymous account allegedly linked to hate and a suicide cult. Source link
