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US SEC Has Brought 75 Enforcement Actions on Crypto Industry


The U.S. Securities and Exchange Commission (SEC) has brought 75 enforcement actions against companies and individuals in the crypto industry so far, according to a new report by Cornerstone Research. The agency also brought 19 trading suspension orders against digital asset market participants...

IRS Could Come For Your Crypto If You Owe Them - Official


If you happen to owe any money to the US Internal Revenue Service (IRS), the agency is willing to explore yet another way to make sure you pay your tax debts. According to Robert Wearing, Deputy Associate Chief Counsel for Procedure and Administration at the IRS, the US government considered...

Bitcoin, Ethereum and Altcoins Recovering, Liquidations Hit USD 3.7B


Bitcoin price topped near the USD 58,000 level before starting a major decline. BTC’s selloff was triggered by the Tesla news. The price dropped sharply and is currently (05:00 UTC) correcting losses. Similarly, most major altcoins declined heavily. ETH broke the USD 4,000 support zone and it even...

Bitcoin Rebounds After Tesla & Elon Musk Triggered Selloff


The most popular cryptocurrency, bitcoin (BTC), recovered some of its sharp losses, fueled by Tesla's supremo Elon Musk as the car manufacturer said it has suspended vehicle purchases using BTC and is looking at other cryptoassets. BTC plunged from almost USD 55,000 to USD 47,600, before recovering...

Bank of Israel Drafts Model of a Digital Shekel


The central bank of Israel has offered a glance at what a digitalized version of the national fiat currency may look like. According to a released “draft model” of the coin, Israelis should be able to use the digital shekel in payments, even offline, and convert it to cash at...

Bitcoin Cash Argentina Runs Flipstarter to Boost Adoption in the Country


Bitcoin Cash Argentina, a nonprofit organization whose objective is to promote the use of Bitcoin Cash, has started a flipstarter campaign that seeks to raise funds to explain the use cases of this cryptocurrency in the country and boost its adoption. Argentina’s economy has been severely...

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