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Shayan is a digital nomad and a professional journalist. He delivers high-quality engaging articles to Coinpedia through his in-depth research and analysis.
US Government Rolls Out New Crypto Tax Guidelines, Lets Miners Breathe Easy
According to a recent report by the Wall Street Journal, the Biden Administration has unveiled its much-anticipated new tax reporting rules for digital assets. While some decentralized exchanges (DEXs) find themselves under increased scrutiny, cryptocurrency miners can breathe a sigh of relief. US Treasury Defines ‘Broker’ For Crypto Industry Under a newly proposed rule from …
Shayan Chowdhury·25 Aug 20232 min
Binance Plans Legal Action Against Checkout.com’s False Money Laundering Claims Amid Contract Closure
According to Forbes, renowned payment processor Checkout.com has officially ended its association with Binance, one of the world’s leading cryptocurrency exchanges. Citing concerns over money laundering and compliance, the payment gateway has taken this move, prioritizing its reputation and regulatory adherence. Binance Denies Checkout’s Statements, Willing To Take Legal Action Checkout.com, a prominent London-based …
Shayan Chowdhury·18 Aug 20232 min
UK Regulators Enforce ‘Travel Rule’ For Crypto, Requiring Firms To Unmask Transaction Parties
According to a recent press release, UK regulators have taken a solid step towards ensuring transparency and accountability in the country’s crypto market. The UK has finally implemented the ‘Travel Rule’ in crypto, mandating crypto firms to reveal transaction parties, ensuring that both senders and recipients are no longer shrouded in anonymity. ‘Travel Rule’ Is …
Shayan Chowdhury·17 Aug 20232 min
SEC Seeks Fresh Comments on ARK Invest & 21Shares Bitcoin ETF: Are Applications at Risk of Rejection?
In a recent move, the U.S. Securities and Exchange Commission (SEC) has widened the arena for stakeholder engagement on pivotal crypto matters. Today, the SEC has invited the public to provide “written data, views, and arguments” regarding the proposed spot bitcoin application put forward by ARK Invest and 21Shares. SEC Diving Deep Into A Suite …
Shayan Chowdhury·11 Aug 20232 min
SEC Freezes Assets of Utah-Based DEBT Box in a $50 Million Crypto Fraud Case Involving Bitcoin and Ether
In a significant development, the Securities and Exchange Commission (SEC) has announced that it has obtained a temporary asset freeze and restraining order against Digital Licensing Inc., a Draper, Utah-based entity operating under the name “DEBT Box.” SEC Takes Action Against 18 Defendants SEC) has imposed a temporary asset freeze, restraining order, and other emergency …
Shayan Chowdhury·3 Aug 20232 min
Three Arrows Capital Liquidators Seek a Staggering $1.3B from Founders of Insolvent Hedge Fund
In a high-stakes bankruptcy drama, liquidators representing Three Arrows Capital are on a relentless pursuit for a jaw-dropping $1.3 billion from the founders of a now-bankrupt hedge fund, according to Bloomberg. 3AC Liquidators Seek $1.3 Billion From Zhu & Davies The co-founders of the defunct crypto hedge fund, Three Arrows Capital, Su Zhu and Kyle …
Shayan Chowdhury·27 Jun 20232 min
New York Bans CoinEx Exchange, $1.7 Million in Crypto Assets Seized For False Representation
New York has joined the SEC in cracking down on crypto exchanges, marking a significant step in the ongoing battle to regulate the crypto market. In a landmark move, the state has banned CoinEX Exchange, accusing it of falsely representing itself as a legitimate crypto exchange. The authorities didn’t stop there; they also seized a …
Shayan Chowdhury·15 Jun 20232 min
Unveiled Hinman Documents Confirm: Bitcoin and Ether Not Securities! A Potential Boost for XRP Price and Ripple Labs
In a recent revelation that has sent shockwaves through the cryptocurrency community, newly disclosed documents from William Hinman, former Director of the Division of Corporation Finance at the U.S. Securities and Exchange Commission (SEC), confirm that Bitcoin and Ether are not securities. This landmark decision could have far-reaching implications, particularly for Ripple Labs and its …
Shayan Chowdhury·13 Jun 20232 min
SEC Accused Binance Of Unregistered Offerings of BNB & BUSD- Here’s a Look at SEC’s Charges
In a significant development that could send shockwaves through the cryptocurrency industry, , one of the world’s leading cryptocurrency exchanges, has found itself in the crosshairs of the U.S. Securities and Exchange Commission (SEC). In the latest lawsuit, the SEC alleges that Binance has been facilitating unregistered offerings, including its proprietary tokens BNB and BUSD, …
Shayan Chowdhury·5 Jun 20234 min