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New IRS Policy on Crypto Clears the Air Though Left Some Issues Wide Open


The tax-related cryptocurrency policy has been eagerly awaited in the United States of America for a long time. Finally, on October 9, the guidelines related to cryptocurrency taxation have been updated by the federal department, the Internal Revenue Service. All the contentious issues related...

Trading Platform Pool-X Launches Its Long-awaited Lockdrop Activity


Popular trading platform Pool-X has launched its most awaited LockDrop activity, in which 2 percent of the entire POL supply will be distributed. POOL-X is an autonomous subsidiary incubated by KuCoin. It supports lockup crypto transactions. It aims to boost the upcoming development of the...

Russian Crypto Law Could Sideline Bitcoin, Ethereum and Other Altcoins


As Russia's crypto legislation is taking a confusing shape, local experts do not rule out that it might effectively stop Russians from legally trading in Bitcoin, Ethereum and other major altcoins on regulated domestic exchanges. “Until the full text of the amended bill is published, it...

Hong Kong Now Offers Opt-In Regulation to Crypto Exchanges


Hong Kong’s Securities and Futures Commission has established a new regulatory framework that allows crypto exchanges to opt-in to be licensed and regulated. Starting Wednesday, centralized trading platforms can apply for a license, providing they meet certain requirements including adequate...

Kim Dotcom Token Sale Postponed Over ‘Regulatory Uncertainty’


In 2017, Kim Dotcom, the founder of the now-defunct file hosting service Megaupload, revealed a similar service called K.im that planned to give anyone the ability to upload files, documents, code, videos, and music files and get paid in crypto for their work. Since then, Dotcom’s team...

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