Taxes
President Biden eyes $5 billion revenue from crypto in 2023
US Treasury Department is specifically targeting the crypto industry because it can be used to evade taxes.
Oluwapelumi Adejumo 3 min read
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Opinion
As the US and EU fight over crypto regulation superiority, is regulation even viable?
Is crypto regulation even possible? The EU and US certainly hope so but it may be a pipedream. Could we see a DAO emerge to take on this mantle?
Exchanges
Former Mt. Gox CEO to launch crypto ratings agency and commemorative NFTs
Mark Karpeles wants to help other crypto exchanges to avoid the now-defunct platform's fate.
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CBDCs
Dems propose Treasury e-cash, a peer-to-peer electronic cash system
A bill proposed by four Democrats representatives calls for the U.S. Treasury to develop so-called e-cash, electronic cash, a digital version of the U.S. dollar. The cash would be peer-to-peer, not dependent on the internet, and not built on blockchain technology.
Regulation
Coinbase introduces new rules for crypto transactions in some countries
Due to legal requirements, Coinbase will ask for additional information before issuing crypto transactions to Canada, Japan and Singapore.
Regulation
Behind the bipartisan crypto bill that’s coming to Congress
...and it plans on addressing every pain point of the industry.
Regulation
US Treasury Secretary Janet Yellen says upcoming crypto regulations will nourish healthy innovation
Secretary Yellen was the guest of Andrew Sorkin for this morning's Squawk Box and talked about crypto. Yellen admitted being skeptical, acknowledged the benefits and emphasized the importance of healthy innovation in finance.
Partnerships
BNB Chain’s top lending protocol integrates with Coinbase Wallet
Venus Protocol is the second-largest platform on BNB Chain by the total value locked on it.
Culture
Madonna ‘enters Metaverse’ with $560,000 Bored Ape NFT purchase
The “queen of pop” has joined the ever-growing list of mainstream celebrities who “aped up” their art collections.
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Crime
DOJ initiates first NFT rug-pull prosecution with charges against Frosties founders
Mining
Oil giant Exxon Mobil uses Bitcoin to “reduce” greenhouse gas emissions
Regulation
Cato Institute slams Sen. Warren’s sanctions evasion bill: “collateral damage”
Gaming