A new definition of crypto comes from the IRS — Law Decoded, Oct. 17-24
IRS broadens the classification of crypto, Ripple gets another point in a case against SEC…
Day: 25 October 2022
Inflation-pegged ‘flatcoin’ launches testnet to track the cost of living
The concept of an inflation-linked “stablecoin” has been trialed before, but time is yet to…
Key witness called to testify at Terra parliamentary inquiry is a no-show
Kim Seo-joon’s company Hashed had $3.6 billion wiped since Luna Classic’s April high — with…
ASIC fires industry warning shot as it sues BPS Financial over crypto promo
The Australian securities regulator is pursuing BPS Financial Pty Ltd for allegedly making false and…
Israel’s Stock Exchange Unveils Plan to Create Digital Asset Platform and Venture Into Crypto
The Tel-Aviv Stock Exchange, the only public stock exchange in Israel, has announced that it…
JPMorgan Chase President: Fed Isn’t Too Hawkish and Crypto Is ‘Kind of Irrelevant’
JPMorgan Chase’s president that crypto “is kind of irrelevant in the scheme of things.” Commenting…
IRS Updates Crypto-Related Instructions for 2022 Tax Filing
The Internal Revenue Service (IRS) has updated the crypto section in the 2022 draft instructions…
HK and Singapore’s mega-rich are eyeing crypto investments: KPMG
Despite the ongoing bear market, family offices and high-net-worth individuals in Hong Kong and Singapore…
New Apple rules double down on 30% NFT ‘tax’ and geo-limits exchanges
Apple has published rules for NFTs for the first time while clarifying rules around cryptocurrency…
Zuckerberg’s $100B metaverse gamble is ‘super-sized and terrifying,’ shareholder says
In an open letter, Altimeter Capital’s CEO and founder recommended the tech giant cut its…
Ethereum’s Merge won’t stop its price from sinking
Ethereum became deflationary after its September Merge. But for now, it’s not going to make…
Criminal use of crypto an ‘emerging threat’ — Australian police
Law enforcement will need to “continually evolve” in order to keep pace with criminals, Australia’s…
Global Bitcoin payments market projected to reach $3.7B by 2031: Research
Private keys and hardware sub-sectors will drive the BTC payment expansion as demand from banks…
The Madeira Bitcoin adoption experiment takes flight
An update on the Bitcoin rollout on the Portuguese archipelago of Madeira, which according to…
Nokia Believes the Metaverse Will Replace Smartphones in the Future
Nokia, one of the first companies to manufacture a consumer-grade mobile phone system, now believes…