FinCEN Proposes FBAR Reporting for Cryptocurrency Holdings Over $10,000
Through a recent announcement, FinCEN requires Americans to report if they have more than $10,000 in cryptocurrencies with foreign financial institutions.
Crypto News
Crypto News
Ripple Lawsuit Sparks Concerns About Tether and Other Crypto Assets
In a latest tweet thread, Bitfinex Tether CTO, Paolo Ardoino, has stepped in to state that there is no indication that the SEC
Crypto News
Ebang to Launch Cryptocurrency Exchange in Q1 2021
Bitcoin mining equipment manufacturer, Ebang intends to launch a cryptocurrency exchange in the Q1 of 2021 to expand its revenue streams.
Crypto News
Binance to Compensate Users for Losses in Cover Protocol Attack
Binance plans to compensate users who lost money in the DeFi Project, Cover Protocol that underwent an attack on December 28.
Crypto News
Grayscale to Liquidate 9 Million XRP Amid SEC Lawsuit Against Ripple
Grayscale Investments dumps 9 million XRP amidst lawsuit of unregistered security sale by Securities and Exchange Commission against Ripple.
Crypto News
FinCEN Issues Warning on COVID-19 Vaccine Fraud and Ransomware Threats
The U.S. Department of Treasury Financial Crimes Enforcement Network cautions about ransomware attacks relating to Covid-19 vaccine.
Crypto News
VanEck Files for Bitcoin ETF with the SEC
In a latest revelation, VanEck has filed an application with the SEC to obtain approval for its a Bitcoin exchange-traded fund, VanEck Bitcoin
Crypto News
U.S. Treasury Settles Sanctions Violation Charges with BitGo
In a recent update, crypto exchange BitGo settles its claims with U.S. Treasury by paying a fine of $98,830 for sanctions violations.
Crypto News
U.S. SEC vs. Ripple: First Pretrial Conference Scheduled for February 22
The New York Southern District Court has established its first court date for the U.S. SEC's case against Ripple in a latest announcement.
Crypto News
Coinbase Faces Allegations of Pay Disparities Among Women and People of Color
According to a NY Times Report, Coinbase underpaid women employees and discriminated employees based on color and gender.