United States

Bill aims to provide tax clarity on staking digital currencies
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7 May, 2024

Bill aims to provide tax clarity on staking digital currencies

Rep. Drew Ferguson (R-GA) says the U.S.’ approach to digital asset rewards is overly complex, leading to confusion, double taxation,...
Jack Dorsey’s Block under federal investigation for terror transactions, sanctions evasion
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2 May, 2024

Jack Dorsey’s Block under federal investigation for terror transactions, sanctions evasion

A former Block employee had met with prosecutors at the U.S. Attorney’s Office for the Southern District of New York...
Terraform and Do Kwon argue fines should be $1 million, not the SEC’s proposed $5.3 billion
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1 May, 2024

Terraform and Do Kwon argue fines should be $1 million, not the SEC’s proposed $5.3 billion

Lawyers representing Terraform Labs and its disgraced co-founder Do Kwon have filed a motion opposing U.S. SEC’s request for $5.3...
Roger Ver arrested and charged with US mail fraud and tax evasion
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1 May, 2024

Roger Ver arrested and charged with US mail fraud and tax evasion

The focus of the investigation starts with Roger Ver’s acquisition of thousands of BTC tokens, a process that began in...
DOJ dismisses Tornado Cash co-founder’s motion to dismiss
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30 April, 2024

DOJ dismisses Tornado Cash co-founder’s motion to dismiss

Tornado Cash co-founder Roman Storm argues there had been no conspiracy to launder stolen cash and that he has no...
US Payment Stablecoin Act could pose trouble for Tether
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30 April, 2024

US Payment Stablecoin Act could pose trouble for Tether

If the Payment Stablecoin Act passed and applicable bank regulations followed, it would open the door for America's biggest banks...