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Institutions are worried about the effects QT will have on the financial market. You should be more worried about the effects it will have on housing.
The regulator's requested information on Binance's management, structure, finances, anti-money laundering and sanctions compliance.
The creditors are basing their claim on the fact that their funds were held in Celsius' custodial account and not the Earn program.
MicroStrategy Chair Michael Saylor claims to be a resident of Florida, meaning he has no tax liability to the District of Colombia.
The FASB rules will cover digital assets that are intangible, fungible, and don't carry any contractual rights to cash flow or ownership of goods and services.
Deloitte argued that crypto startup DKYC's domain name directly contradicts its own "knowyourclient" service by promoting anonymous crypto transactions.
In the U.S., 61% of retail respondents said they currently invest in crypto in Q2. That's an increase of 44% from just 42% investing in crypto in Q1.
Washington DC Attorney General said Saylor has never paid income tax despite staying in the city for more than a decade.
The inquiries are part of the latest push from Congress to bring tighter regulation to the crypto industry in the U.S., as the country still struggles to determine which of its many federal agencies should be tasked with overseeing it.
