Price: $0.39016 -6.2904%
Market Cap: 57.27B 1.9551%
Volume (24h): 18.35B 0.4%
Dominance: 1.9551%
Price: $0.39016 -6.2904%
Market Cap: 57.27B 1.9551%
Volume (24h): 18.35B 0.4%
Dominance: 1.9551% 1.9551%
  • Price: $0.39016 -6.2904%
  • Market Cap: 57.27B 1.9551%
  • Volume (24h): 18.35B 0.4%
  • Dominance: 1.9551% 1.9551%
  • Price: $0.39016 -6.2904%
  • Jul / 01
    • New IRS Regulations for Cryptocurrency Tax Reporting to Take Effect in 2026
      Jul 01, 2024 at 10:34 am Inside Bitcoins
      In an effort to increase transparency and combat tax evasion in the digital asset market, the US Treasury and IRS have finalized new regulations requiring custodial cryptocurrency platforms to report transactions to the IRS starting in 2026. These regulations aim to ensure accurate reporting of gains from cryptocurrency sales and simplify tax filing for users. The new rules mandate the issuance of standard 1099 forms by platforms, similar to those used by traditional financial institutions. This move underscores a broader IRS effort to enhance oversight of the rapidly growing cryptocurrency market and reduce tax evasion, while providing clarity and convenience to cryptocurrency users.
  • Jun / 30
    • Vitalik Buterin Unveils Main Challenge of Crypto Regulation
      Jun 30, 2024 at 07:59 pm U_Today
      Ethereum founder Vitalik Buterin raises concerns about the disparate treatment of cryptocurrencies in regulation, with meme coins facing less scrutiny than established projects with clear value propositions. Buterin argues that this "anarcho-tyranny" approach creates harmful incentives and stifles industry growth. He proposes a shift to risk-based regulation, considering projects without long-term value as riskier, while deeming projects with transparent value models safer and subject to fewer regulatory hurdles.
  • May / 04
    • India Cracks Down on e-Nuggets Scam, Binance Assists: A Major Step for Crypto Regulation (BNB)
      May 03, 2024 at 04:19 am CO NEWS
      India's Enforcement Authority, in collaboration with major cryptocurrency exchanges, has confiscated $10.5 million from E-Nuggets, an online scam app. Posing as a gaming platform, the app lured users with promises of high returns, but abruptly closed operations after investments were made. This crackdown highlights the growing efforts by authorities to combat crypto scams and protect investors.
  • Mar / 25
    • Government of Estonia Introduce Regulations to Oversee Crypto
      Mar 22, 2024 at 10:39 pm Thecoinrepublic.com
      In response to the constant growth of crypto, only select governments, like Estonia, are actively working to introduce regulations to oversee the sector. Estonia's government recently enacted a bill requiring legal requirements and licensing for digital asset service providers, aiming to make the national crypto sector more reliable amidst concerns of bad actors and hackers. This move follows El Salvador's legalization of Bitcoin through a separate law, highlighting Estonia's efforts to ensure a secure environment for crypto transactions.
    • New EU Regulations Target Anonymous Crypto Transactions
      Mar 25, 2024 at 08:04 am TheBitTimes
      The EU has enacted new regulations targeting anonymous crypto transactions to combat money laundering and terrorist financing. These laws prohibit crypto service providers from offering services to accounts that maintain anonymity. The legislation aims to address the risk posed by the anonymous nature of crypto assets, which complicates the traceability of transactions and makes it challenging to identify suspicious activities. This move reflects the EU's commitment to enhancing transparency and security in the crypto industry.
  • Jan / 19
    • US Treasury Urges Swift Crypto Regulation to Prevent Future Crises
      Jan 19, 2024 at 08:09 pm Cryptonews.com
      A high-ranking US Treasury official has urged lawmakers to promptly address crypto regulation to proactively prevent any potential financial crises. Graham Steele, Assistant Secretary for Financial Institutions, highlighted the unique opportunity for policymakers to establish comprehensive standards before a crisis arises, fostering responsible innovation. Steele stressed the need for a delicate balance, ensuring that regulations do not undermine existing frameworks governing financial institutions and capital markets.
  • Dec / 23
    • Dogecoin Founder Slams SEC Boss Over Crypto Regulation Comments
      Dec 23, 2023 at 03:04 am Bitcoinist
      Dogecoin founder Billy Markus slams SEC Chairman Gary Gensler for his failure to provide appropriate regulations for the crypto industry. In a recent interview, Gensler discussed compliance and the agency's efforts to regulate the crypto space. The ongoing backlash from stakeholders highlights the need for clear and effective regulations in the industry. #dogecoin #founder #slams #boss #crypto #regulation #comments

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