Binance’s return to India comes with $86M tax demand
While Indian AML agencies have given Binance the green light to resume operations, authorities are still seeking $86 million in tax liabilities from the firm.
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Japan`s financial services giant SBI Holdings is trialing a crypto token that can be used to make retail purchases with users’ smartphones. This was officially confirmed in a news release published September 25.The news release presents the trial as a key litmus test for blockchain’s possibilities and usefulness. SBI also alludes to the pseudonymous developer…
Why Bitcoin Price Can Hit $9K With Less Than 17 Days Before Halving
The price of Bitcoin (BTC) has been stagnating between $6,600 and $7,200 for a few weeks, but finally, a breakout occurred to the upside, which meant a 10% push towards $7,750. But Bitcoin is not the only cryptocurrency that has been showing strength as altcoins are also following suit with Cardano (ADA) jumping by 22% and…
How to track and report crypto transactions for tax purposes
As cryptocurrencies and blockchain assets continue to grow in popularity and mainstream adoption, the United States Internal Revenue Service has taken an increasing interest in their taxation. In the U.S., cryptocurrency is subject to crypto tax and is classified as transactions instead of property or assets. Needless to say, failure to accurately track and report these…
Winter is coming! Here are 5 ways to survive a crypto bear market
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Vitalik Buterin: Future Lotteries Could Benefit From ETH 2.0’s Randomness
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US prosecutors push for 5–7 years prison for ex-FTX exec
The U.S. prosecutors demanded “just punishment” fitting the scale of his crime. Salame’s lawyers argue that he should serve no more than 18 months.
Digital cold war? United States and China vie for blockchain supremacy
Two nations, two visions of the financial future: "The tech cold war is here — and the US isn't winning," wrote Ripple co-founder Chris Larsen in an opinion piece for The Hill recently. According to him, China has “a once-in-a-century opportunity to wrest away American stewardship of the global financial system, including its ultimate goal…
PleasrDAO adds $4M ‘OG NFT’ Wu-Tang Clan album to its collection
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