Sunday, August 1, 2021

Regulation

What Caused This Mid-Cycle Bitcoin Price Correction

Factors ranging from regulation in China to the Taproot protocol upgrade were driving bitcoin price charts to a decisive point for weeks.

Malaysia Takes Enforcement Actions Against Binance, Advises Investors to ‘Withdraw All...

The securities regulator of Malaysia has taken enforcement actions against the global cryptocurrency exchange Binance. Noting that the exchange is operating illegally in...

Biden to Step Up Crypto Tax Enforcement to Help Fund $1...

U.S. President Joe Biden and lawmakers have agreed on the details of a roughly $1 trillion bipartisan infrastructure package with measures to step...

Binance to shut down crypto derivatives trading in Europe

Binance moves to suspend derivatives trading in Europe, starting with Germany, Italy and Netherlands. Source link

Okcoin secures regulatory approval in Malta and the Netherlands

CEO Hong Fang said Okcoin was focused on Europe as part of the firm's global growth plans. Source link

The Infrastructure Bill Shows Why Bitcoiners Need To Be Politically Active

This is simply the latest development that shows the lack of understanding amongst policy makers.The Senate procedural vote held late Wednesday...

Taxpayers to avoid obligations by sending mining proceeds to IRAs

The IRS has considered crypto mining revenue as part of taxable income since 2014. Source link

New Jersey’s Order Against Blockfi Extended, Vermont Issues Notice to Crypto...

On July 28, Zac Prince, the CEO of crypto finance firm Blockfi, explained that the company has been “engaged in a productive discourse”...

Anchorage Digital will custody crypto seized by US Marshals

Co-founders Diogo Mónica and Nathan McCauley cited the Anchorage's "stringent processes and procedures" as likely factors in the decision from the federal agency....

US Senator Says Cryptocurrencies Put Americans’ Hard-Earned Money at Risk

U.S. Senator Sherrod Brown says cryptocurrencies are not real dollars and they “put Americans’ hard-earned money at risk.” Referring to decentralized finance (defi)...