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U.S. Lawmakers to Reintroduce Crypto Tax Reform Bill: Report

7.3.2023
The Keep Innovation in America Act was first introduced in March 2021

Hong Kong's losses to crypto scams doubled to $217M last year: Report

7.3.2023
Crypto-related scams in Hong Kong reportedly accounted for more than 50% of the total $407 million stolen from city residents in tech crimes in 2022

Spain a Hotbed for Cryptocurrency Real Estate Deals, According to Study

7.3.2023
A recent study indicates that Spain is one of the hottest countries regarding real estate offerings that can be paid with cryptocurrency. The report, prepared by Forex Suggest, found that Spain is the country with the most properties available for crypto, followed by Thailand, Portugal, and...

Stablecoins have plentiful machine-payment use cases in absence of euro CBDC: Report

6.3.2023
The Digital Euro Association sees automated micropayments as a way for Europe to maintain its digital competitiveness, once regulations are in place

Crypto Scam in Egypt Defrauds Thousands of Investors of $620K: Report

6.3.2023
Authorities have arrested 29 people, including 13 foreign citizens in connection with the fraudulent network known as "HoggPool."

Babel wants to repay creditors via special ‘recovery coins’: Report

6.3.2023
Babel reportedly owes $524 million worth of Bitcoin, Ether and other tokens due to “risky trading activities” by co-founder Wang Li

Australian Crypto Regulations Likely to Be Delayed Until Mid-2024: Report

6.3.2023
Australian laws to regulate the crypto industry and protect retail customers could take more than a year, government documents indicate

Babel Finance Mulls Crypto-Backed Stablecoin to Repay $766M: Report

6.3.2023
Hong Kong-based crypto lender Babel Finance is planning on issuing a crypto-backed stablecoin in unison with a decentralized finance (DeFi) platform in an attempt to repay creditors following a $766 million loss last year

NFT Creators Investigated in Israel for Alleged Tax Evasion

6.3.2023
Israel’s tax authority is after two creators of non-fungible tokens (NFTs) suspected of failing to report almost $2.2 million in revenue. The news of the investigation comes after the recent arrest of a graphic designer from Tel Aviv accused of similar offenses. Thousands of ‘Western...

Internal documents reveal Australia's potential timeline for crypto legislation: Report

6.3.2023
Internal documents from the Australian Treasury Department have revealed crypto legislation in the country could be a year away at the very least

Central Banks Continue to Show Strong Demand for Gold in 2023, Says World Gold Council Report

5.3.2023
Central banks show continued demand for gold in 2023, as per a recent report from the World Gold Council (WGC), which noted that the world’s central banks accumulated 31 tons of the precious metal in January. Turkey was the largest gold buyer, adding 23 tons to its central bank’s stash...

Binance tried to hire Gary Gensler in 2018 for closer ties with U.S. regulators: Report

5.3.2023
The SEC chairman was approached by Binance in 2018 and 2019, while teaching at the Massachusetts Institute of Technology

Galaxy Digital Report Predicts Bitcoin NFT Market Could Reach $4.5 Billion by 2025

4.3.2023
As the number of Bitcoin-based Ordinal inscriptions nears the 300,000 mark, Galaxy Digital’s research team published a report on the subject that says the market size of non-fungible tokens (NFTs) built on Bitcoin could reach $4.5 billion over the next two years. The researchers at Galaxy...

FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation

3.3.2023
On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as approximately $2.2 billion of the company’s total...

Crypto Scammers Preying on Elderly Japanese Singletons – Report

3.3.2023
Crypto scammers are targeting elderly Japanese singles on social media and dating apps. But middle-aged Japanese lonely hearts are also finding themselves in fraudsters’ cross-hairs. And some scammers appear to be targeting yet-younger individuals. In a column for Nikkan Gendai, the financial...

Investment Fund Focused on Crypto Mining to Be Created in Russia

3.3.2023
The establishment of Russia’s first mutual investment fund dedicated to financing cryptocurrency mining operations is underway. According to a report by the Russian press, it will be available to qualified investors and will finance the acquisition of coin minting equipment. Russian Crypto Mining...