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Crypto Exchange Bittrex to Pay $30M in US Treasury Sanctions Settlement


Crypto exchange Bittrex will pay the U.S. Treasury Department’s sanctions and money laundering watchdogs $30 million to settle allegations it maintained a poor compliance program between 2014 and 2017, allowing individuals from sanctioned jurisdictions to trade on the platform

OECD Presents Crypto Tax Reporting Framework


The Organisation for Economic Co-operation and Development (OECD), an intergovernmental organization that seeks to stimulate economic progress, has published a global framework for crypto tax reporting.  According to a press release, the framework, dubbed the Crypto-Asset Reporting Framework...

Portugal Makes U-Turn On Crypto-Friendly Taxes


Though widely considered to be one of the most crypto-friendly countries, Portugal is increasingly shifting its position on taxing cryptoasset gains – and now plans to tax gains on crypto held for less than a year.... Read More: Portugal Makes U-Turn On Crypto-Friendly Taxes

IPA Approval Enhances Coinbase’s March Towards Crypto Economy


Coinbase has received In-Principle Approval to act as a Major Payment Institution and offer regulated Digital Payment Token services & products. The In-Principle Approval has been granted by the Monetary Authority of Singapore, allowing the venture to strengthen the fintech position...

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