Blockchain Association sues IRS over digital asset reporting rules: Law Decoded
The IRS issued new regulations requiring DeFi platforms to report crypto transactions. In response, the Blockchain Association filed a lawsuit against the IRS, arguing that the rules are unconstitutional.
Related Posts


Binance reinstates crypto buys with Visa, Mastercard payments
Binance has resumed allowing crypto purchases using Visa and Mastercard for its exchange users. Does this signal the end of Binance’s regulatory troubles?

Qubit Finance suffers $80 million loss following hack
The addresses linked to the hack attack have managed to steal 206,809 Binance Coin from Qubit's QBridge protocol. 460 Total views 37 Total shares High-profile hacks have become more prevalent throughout the cryptocurrency market, and Qubit Finance is one of the latest decentralized finance (DeFi) protocols to be exploited by hackers.Hackers were able to access…

BlackRock expected to offer crypto trading as Three Arrows exec says long Bitcoin, ETH in 2022
Bitcoin (BTC) and Ether (ETH) are sure long bets for 2022, prominent investor and commenter Zhu Su says.In a tweet on Feb. 10, Zhu, co-founder of hedge fund Three Arrows Capital (3AC), argued that BTC and ETH were the best options for investment this year, along with oil, while the S&P 500 is a no-go.Zhu:…

House committee reviews cryptocurrency risks, regulations in hearing
A panel of expert witnesses and members of congress discussed the risks and rewards of cryptocurrency in committee Wednesday. 154 Total views 2 Total shares The U.S. House committee on financial services held a hearing Wednesday for legislators and a panel of witnesses to discuss cryptocurrency regulation in the United States.The subcommittee on oversight and…

Former Steem Witness: ‘I Received Direct Threats From a Hive User’
A former Steem witness, who is also a prominent member of Korea’s crypto community, spoke to Cointelegraph and shared proof that he received death threats from a Hive user ahead of Steem’s 0.23 hard fork.The former witness, who has requested to remain anonymous, told Cointelegraph that he stepped down shortly before the 0.23 hard fork…

MetaMask expands institutional offering by integrating new crypto custodians
MetaMask has formed a new strategic partnership with four major crypto custodians: Gnosis Safe, Hex Trust, GK8, and Parfin. 395 Total views 12 Total shares Decentralized finance (DeFi) wallet and browser extension MetaMask formed a new strategic partnership with four major crypto custodians; Gnosis Safe, Hex Trust, GK8 and Parfin.MetaMask Institutional (MMI), the institutional version…

Traffic to Binance surges to record highs, site goes down for maintenance
Binance suffered an outage today after announcing consecutive new all-time highs for web traffic. 4014 Total views 17 Total shares Leading crypto asset exchange Binance was forced to suspend its spot and margin trading services just a few minutes after its CEO took to Twitter to boast the platform had smoothly handled new record highs…

Bitcoin Price Hovers Above $8,000 While XRP Jumps 5% on the Day
Thursday, Oct. 17 — Bitcoin (BTC) is hovering just above the $8,000 price mark, while XRP shows impressive gains on the day.Cryptocurrency market daily overview. Source: Coin360For most of the day, the world’s largest cryptocurrency has been trading within a tight range between $8,000 and $8,100. BTC traded from an intraday low of around $8,010 up…