United States

IRS updates digital currency question in 1040 tax form
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16 December, 2021

IRS updates digital currency question in 1040 tax form

The tax agency posted its 1040 form last year to ask about virtual assets; however, a query led to confusion...
Tether gets sued again, claims latest suit is ‘nonsense’
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14 December, 2021

Tether gets sued again, claims latest suit is ‘nonsense’

A pair of disgruntled users has filed a fraud claim in the Southern District of New York against Tether Holdings...
US man pleads guilty to operating $4M unregistered digital currency business linked to criminal activities
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13 December, 2021

US man pleads guilty to operating $4M unregistered digital currency business linked to criminal activities

Brannen Mehaffey processed about $4 million in digital currencies without registering with the U.S. authorities, some of which were tied...
Digital currency executives testify in Congress as US lawmakers mull industry oversight
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10 December, 2021

Digital currency executives testify in Congress as US lawmakers mull industry oversight

When the hearing came to an end, it was clear that lawmakers have a positive outlook on the digital asset...
Another BTC ETF denied by US securities regulator over ‘manipulation’ concerns
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8 December, 2021

Another BTC ETF denied by US securities regulator over ‘manipulation’ concerns

The U.S. Securities and Exchange Commission has rejected Cboe BZX’s application for a rule change, and also cited security concerns...
Sam Bankman-Fried summoned to Congress
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7 December, 2021

Sam Bankman-Fried summoned to Congress

Sam Bankman-Fried, the CEO and Founder of FTX exchange, will testify in front of the House Financial Services Committee on...
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