Live Countdown to US Elections 2024: What’s at stake for crypto

Bitcoin (BTC) is looking stable at the start of a new week after recovering from a drop to $43,000 — what’s in store?After last week’s 20% drop from all-time highs, opinions are divided over what the future might look like for Bitcoin price action in the short term. Macro factors are encouraging, but naysayers insist…

Blockchain-native software and tax services company, Lukka, has been chosen to provide crypto taxation software to the fifth-largest accounting firm in the United States, RSM.Cointelegraph spoke to Lukka CCO Jeremy Drane, and RSM senior manager of international tax and blockchain/cryptocurrency, Jamison Sites, to find out more about the partnership between the two firms.Lukka provides crypto…

The UK’s Financial Conduct Authority has granted licenses to two crypto exchanges operating in the country, Archax and Gemini. The UK’s Financial Conduct Authority has granted operational licenses to two cryptocurrency exchanges operating in the country: digital security exchange Archax and the UK branch of the Winklevoss twins’ Gemini exchange.According to the Financial Conduct Authority…

The Ether ETF approval in the U.S. has sparked both investor excitement and decentralization debate.

This year’s Form 1040 requires all U.S. taxpayers to answer a question about whether they traded or acquired “virtual currency” during the year. 1715 Total views 4 Total shares Crypto users in the U.S. have taken to Twitter to express their confusion and frustration over the wording of a question about virtual currencies on this…

Kelly Kramer joins an impressive board comprised of executives from various industries. 1451 Total views 14 Total shares Digital currency exchange Coinbase welcomed a new member to its Board of Directors on Wednesday, as it continues to draw on expertise from outside the cryptocurrency sector. Kelly Kramer, former CFO at Cisco, will serve as Chair of…

Following lobbying by the Korean Blockchain Association, crypto exchanges are given extra time to implement a new tax infrastructure. The South Korean National Assembly is planning to delay the implementation of new income tax laws on cryptocurrency gains following appeals from industry bodies.According to a Nov. 25 report on Korean-language news site DongA, the 20%…

ETH price has declined 10% since the approval of spot Ethereum ETFs, with open interest depreciating by over $250 million over the past 24 hours.

After months of touting the benefits of Bitcoin (BTC) and blockchain technology, Tesla CEO Elon Musk shocked the crypto Twitter on May 12 by announcing that the electric car company would suspend its accepting BTC as a form of payment, citing concerns related to the energy required to mine the top cryptocurrency. As Tesla issued its…