Business

IRS delays implementation of reporting $600 threshold to ease taxpayers’ transition
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29 December, 2022

IRS delays implementation of reporting $600 threshold to ease taxpayers’ transition

Following an in-depth consultation, the IRS said it is pushing back the implementation of a new reporting threshold to the...
DOJ opens probe into FTX ‘hack’ while SBF gets a new judge
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28 December, 2022

DOJ opens probe into FTX ‘hack’ while SBF gets a new judge

The DOJ is looking into the $372 million hack from FTX-controlled wallets that occurred the day after the embattled firm...
Code is (still) not law: DeFi ‘strategist’ Avi Eisenberg arrested over Mango Markets exploit
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28 December, 2022

Code is (still) not law: DeFi ‘strategist’ Avi Eisenberg arrested over Mango Markets exploit

Avraham Eisenberg, facing market manipulation charges in the Southern District of New York, is under police custody in Puerto Rico...
France: Only 2 virtual currency platforms flagged by financial watchdog in 2022
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28 December, 2022

France: Only 2 virtual currency platforms flagged by financial watchdog in 2022

Out of the 15 unauthorized investments in foreign exchange and virtual currency markets, only two were found to have a...
Marshall Islands declares DAOs as legal entities in pioneering move
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28 December, 2022

Marshall Islands declares DAOs as legal entities in pioneering move

Marshall Islands became the first country to legalize DAOs, but only decentralized organizations identified as limited liability companies will be...
Australia court halts release of Pokémon NFTs amid row on use of characters
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28 December, 2022

Australia court halts release of Pokémon NFTs amid row on use of characters

A federal court has ruled against KOTIOTA Studio's claim of being a Pokémon developer, as well as the release of...
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