US lawmakers demand SEC-FINRA records on Prometheum ETH custody

The IRS has considered crypto mining revenue as part of taxable income since 2014. 140 Total views 252 Total shares North American mining and hosting firm Compass Mining is offering a new tax avoidance method for savvy crypto miners that file in the United States. In a Thursday announcement, Compass Mining said it had partnered with…

The country said EU crypto rules will come into force in December 2025, ahead of the general deadline for implementing MiCA for all 27 member states of the EU. 317 Total views 7 Total shares The Spanish Ministry of Economy and Digital Transformation reported that the first comprehensive European Union crypto framework, the Markets in

Binance's NFT marketplace is introducing its NFT Subscription Mechanism, a new feature that claims to give buyers a fair shake. 146 Total views 11 Total shares Due to the rise in demand, it’s increasingly harder to purchase nonfungible tokens (NFTs) on their initial launch. Because of the limited supply, and high demand, some NFT drops…

The trading app will adopt Chainalysis' monitoring compliance solution Know-Your-Transaction as well as the Chainalysis Reactor, its investigations software. 897 Total views 3 Total shares Blockchain analytics firm Chainalysis will be partnering with Robinhood to provide data and tools for trading in advance of the app launching its crypto wallet.In a Monday announcement, Chainalysis said…

Prolonged economic sanctions against the Islamic state have forced Iran to start using crypto as a medium of exchange for international trade deals. 351 Total views 4 Total shares Struggling through decades of economic sanctions, Iran has placed its first international import order using $10 million worth of cryptocurrency, according to a senior government trade…

Tether mints $1 billion USDT on Tron, pushing its total tokens minted in the last year to 33 billion.

Publicly traded Bitcoin (BTC) fund Grayscale Bitcoin Trust (GBTC) filed Form 10 with the United States Securities and Exchange Commission (SEC) to become the first crypto fund to report to regulator.Grayscale announced in a blog post published on Nov. 19 that, if the filing will be deemed effective by the SEC, several aspects of the…

The proposed rules are supposed to come into effect in 2026, impacting sales and exchanges conducted in 2025. 248 Total views 3 Total shares The United States Internal Revenue Service (IRS) has extended the commentaries period for crypto tax reporting rules proposed in August 2023. The public consultation will last until Nov. 13. The “Gross Proceeds