CFTC clears 'second hurdle' for spot Bitcoin ETF options

President Biden’s move to introduce a 44.6% federal capital gains tax probably wouldn’t affect most people in crypto, according to crypto tax commentators.

The Blockchain Education Alliance launched by blockchain accelerator MouseBelt has gained several noteworthy new members. Ashlie Meredith, the university program director for MouseBelt Blockchain Accelerator, told Cointelegraph on Feb. 11 that the new members include payment processing behemoth Mastercard, the innovation arm of major crypto exchange Binance, Binance X, Ripple's accelerator Xpring and cryptocurrency exchange KuCoin.Smart…

The first stop for Bitci’s international expansion, also a first for a Turkish crypto exchange, is Brazil. 423 Total views 33 Total shares Turkish blockchain provider Bitci is seeking to establish local crypto exchanges in Brazil and Spain in a bid to lure local crypto investors.A Bitci spokesperson told Cointelegraph that Bitci is planning to…

The United States Internal Revenue Service (IRS), the agency responsible for tax collection, released proposed regulations on the sale and exchange of digital assets by brokers. Under the rules, brokers would be required to use a new form to report to simplify tax filing and cut down on tax cheating.The proposed Form 1099-DA would “help…

A national cryptocurrency for the Marshall Islands is still being actively developed, despite previous disagreements among government officials on the subject, a blog post from the team behind the coin revealed Jan. 10.In the recent post, the team behind the coin — dubbed Sovereign (SOV) — revealed that it had made “significant progress in finding…

The Ministry of Finance is seeking industry and public input on how to regulate digital assets by March 18. 484 Total views 24 Total shares The Ministry of Finance of the Russian Federation has officially initiated work on the country’s cryptocurrency regulation bill, filing the first public notice on the federal legal portal. Russia’s finance ministry…

While many indicators suggest that the market bottom may be close, time will be the ultimate determinant, according to a new report from Glassnode. 502 Total views 12 Total shares Bitcoin wealth is being distributed from weak hands to strong hands due to ongoing capitulation from retail investors and miners, signaling that the bottom may…

Scams make up the largest share of funds sent from Eastern Europe to illicit addresses. 174 Total views 19 Total shares Recent research has revealed that Eastern Europe remains a very high source of cybercrime activity — both from victims to scams, and from users to darknet markets — in the cryptocurrency sector.Cryptocurrency addresses based…

Turkey has dismissed levies on profits from stocks and cryptocurrencies but is exploring a transaction tax as part of efforts to regulate the tax on financial transactions.