FEMA Advisory Board Proposes Blockchain to Speed ‘Disaster Dividend’ Payouts

Jack Schickler is a CoinDesk reporter focused on crypto regulations, based in Brussels, Belgium. He doesn’t own any crypto.Bittrex’s U.S. and Maltese arms processed $425 million in withdrawals since the exchange announced it would shut down its U.S. operations around April 1, its attorney told a Delaware bankruptcy court on Wednesday.The exchange filed for bankruptcy…

Bitcoin (BTC) prices surged some 7% on Tuesday after weeks of slumber as traders reacted to hopes of the long-contended Grayscale Bitcoin spot ETF getting approved in the U.S. following a court decision.A federal appeals court ordered the U.S. Securities and Exchange Commission (SEC) to "vacate" its rejection of the trust issuer's bid to convert

news Crypto investment app Abra has been forced to make changes services to U.S. customers over “regulatory uncertainty and restrictions” in the country. In a blog update on Thursday, the firm said the adjustments come “in an effort to continue to be compliant and cooperative with US regulations as they currently exist” So what does…

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Shiba inu (SHIB), the popular meme token powered by a strong internet community, remained in deep red after its biggest daily sell-off since September.On the daily chart, SHIB’s price has fallen by more than 15% on Thursday, according to data from Coinbase and TradingView. The token ended Wednesday down 22% – the biggest single-day drop…

Aug 31, 2020 at 07:31 UTCUpdated Aug 31, 2020 at 07:32 UTCJar of pennies (John Brueske/Shutterstock)The Internal Revenue Service (IRS) has provided guidance relating to crypto revenue earned from microtasks via crowdsourcing platforms, and yes, such income is taxable, it says. In a memorandum last Friday, first reported by The Block, the IRS's Office of…

opinion Noelle Acheson is a veteran of company analysis and member of CoinDesk’s product team. The following article originally appeared in Institutional Crypto by CoinDesk, a newsletter for the institutional market, with news and views on crypto infrastructure delivered every Tuesday. Sign up here. Last week, the Cboe let its traders know that it would not be renewing…

Featured SpeakerChristy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Jesse Hamilton is CoinDesk's deputy managing editor for global policy and regulation. He doesn't hold any crypto.Featured SpeakerChristy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance…

Modulus Labs, the company behind a new specialized zero-knowledge prover for AI models, announced Wednesday that it is launching and has raised $6M in a seed round.The round was led by Variant and 1kx, and includes participation from Inflection, Bankless, Stanford and others. Angel investors include names in the blockchain ecosystem like the Ethereum Foundation