IRS Releases Draft Form for Reporting Digital Currencies Sales
The IRS has released an initial version of a tax form for intermediaries and exchanges to report specific sales of digital assets.
Kraken Purchases Crypto Division of US Online Brokerage Firm
Kraken has purchased the cryptocurrency division of TradeStation, an online brokerage, in an effort to expand its services in the United States.
The US Senate Proposes New Bill on Stablecoins
Senators Kirsten Gillibrand of New York and Cynthia Lummis of Wyoming have jointly introduced a bill in the Senate regulating stablecoin payments.
Coinbase Submits Interlocutory Appeal in Legal Battle Against SEC
Coinbase has filed a motion appealing a court’s decision made last month, which allowed a lawsuit involving the SEC and the exchange to proceed without being dismissed.
Uniswap Receives Wells Notice from SEC
The Securities and Exchange Commission (SEC) has issued a Wells notice to the decentralized crypto exchange Uniswap.
US Treasury Wants Tighter Control Over Crypto Crime
During his testimony before the Senate Banking Committee on April 9, United States Deputy Treasury Secretary Adewale Adeyemo continued pushing for his agency to have more enforcement powers.
52% of US Consumers Believe Cryptos Are an Important Asset Class: Deutsche Bank
A recent poll conducted by Deutsche Bank among 3,600 US consumers revealed a growing sense of optimism towards cryptocurrency and its potential for future adoption.
