US Tax Agency Says Crypto Tax Investigations are Increasing
The CI Unit of the IRS has reported an increase in investigations related to the reporting of digital assets.
Court Rejects Sam Bankman-Fried’s Application for Release
Sam Bankman-Fried, the founder of FTX and a convicted fraudster, will remain in jail while his legal team appeals his conviction.
Binance Former CEO Agrees to Pay $175M Bond to Be Released
Changpeng Zhao has agreed to pay a $175 million personal recognizance bond after pleading guilty to criminal charges in the US.
Grayscale Meets with SEC to Discuss Spot Bitcoin ETF Details
The management team at Grayscale met on November 20 with representatives from the US Securities and Exchange Commission to discuss plans to convert GBTC into a spot Bitcoin ETF.
SEC Sues Kraken Over Lack of Registration
The Securities and Exchange Commission (SEC) has filed a case against the cryptocurrency exchange Kraken for violating securities laws.
New York State Department of Financial Services Unveils Stricter Crypto Listing and Delisting Rules
The New York State Department of Financial Services (NYDFS) has taken on a more active role in regulating the listing and delisting of tokens on exchanges in an effort to strengthen oversight of cryptocurrency firms.
SEC Gives Approval for Hut 8 Merger with US Bitcoin
Hut 8 Mining has recently provided an update on its merger process with a US-based Bitcoin mining company, USBTC.
