Regulation
IRS Introduces Draft of New Crypto Reporting Form for 2025
The IRS is taking another step forward in its efforts to streamline cryptocurrency tax compliance with the release of the draft Form 1099-DA, designed...
Crypto Users Propose Settlement with Sam Bankman-Fried
In a significant development within the cryptocurrency legal landscape, a group of FTX users has proposed dropping their lawsuit against former FTX CEO Sam...
SEC Claims Jurisdiction Over Justin Sun Due to Extensive U.S. Travel
The U.S. Securities and Exchange Commission (SEC) has updated its lawsuit against Justin Sun, the founder of Tron, enhancing its claim to jurisdiction based...
Binance Executive Tigran Gambaryan’s Bail Denied Again
Tigran Gambaryan, a high-ranking Binance executive, continues to face legal challenges in Nigeria as a Federal High Court in Abuja has again postponed his...
Sen. Lummis Advocates for Circle in New U.S. Stablecoin Regulation Proposal
Senator Cynthia Lummis has highlighted the potential advantages for Circle over Tether in the context of new U.S. legislation aimed at regulating stablecoins. This...
Binance FZE Secures VASP License in Dubai
Binance FZE, the Dubai-based subsidiary of the global cryptocurrency exchange Binance, has achieved a significant regulatory milestone by obtaining a Virtual Asset Service Provider...
Raj Kundra’s ₹97.79 Crore Assets Frozen Amid Bitcoin Scam
The Enforcement Directorate (ED) has taken significant action against businessman Raj Kundra, attaching assets valued at ₹97.79 crore as part of a money-laundering investigation....
Jury’s Verdict of Trader in $110M Mango Markets Fraud Case
In a pivotal case that has gripped the cryptocurrency world, Avi Eisenberg, a 28-year-old crypto trader, is now awaiting a verdict from a New...
$1 Million in Fines Loom for Worldcoin Amidst Legal Challenges
Buenos Aires Government Targets Worldcoin for Consumer Law Violations
Worldcoin, known for its biometric iris scanning technology, is currently under scrutiny by Buenos Aires authorities,...
South Africa’s VALR Gains Key Crypto License, Enhancing Market Integrity
VALR, a prominent crypto exchange based in Johannesburg, has successfully obtained a significant regulatory license from South Africa’s Financial Sector Conduct Authority (FSCA). This...
Norway Moves to Curb Crypto Mining with New Data Center Regulations
Norway is set to introduce legislation aimed at regulating data centers, a move specifically designed to curtail the energy-intensive practice of cryptocurrency mining within...
IRS Braces for Surge in Crypto Tax Evasion Cases
The U.S. Internal Revenue Service (IRS) is preparing for a notable increase in cryptocurrency-related tax evasion cases this year, as the deadline for filing...