IRS Official: US Tax Evasion Cases Involving Cryptocurrency Surged In 2023
On December 4, the Criminal Investigation (CI) Unit of the United Internal Revenue Service (IRS) reported an increase in the number of cases.
Crypto News
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Crypto News
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Binance Set To Leave The US Amid Fines To Regulators
Binance is set to leave the United States as it grapples with fines from several regulators. Comprehensive oversight and global implications. Binance, a.
Crypto News
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The US To Outlaw The Use Of China-Made Blockchains And Tether’s USDT In Its New Proposed Bill
The US plans to do away with China-made blockchains used in powering cryptocurrency transactions indefinitely. The new development will be based on a.
Crypto News
US accounting standard-setters approve crypto rules, paving the way for corporate adoption
Companies with extensive holdings of cryptocurrencies like Bitcoin and Ethereum will soon be subject to new accounting requirements, approved unanimously by standard-setters in.
Blockchain News
Surge in XRP Whale Numbers Following Landmark Ruling in the US
The number of large whales holding XRP, defined as wallet holders with at least 100 million tokens, has recently surged to 199, reaching.
Blockchain News
Regulatory Crackdown Prompts Crypto Firms to Consider Relocation from the US
Mike Novogratz, the CEO of Galaxy Digital, a leading crypto investment firm, has revealed that he is contemplating moving his businesses outside the.
Bitcoin News
China’s Crypto Market Set for a Resurgence: Bitcoin’s Correlation Shifts Focus from US to China
A unique trend in the cryptocurrency sector has emerged, catching the attention of numerous analysts and important players. According to Kaiko, a significant.
Blockchain News
Solana (SOL) the Only Altcoin To See Institutional Investments Last Week: CoinShares
The crypto market suffers major outflows for the third week in a row, as digital assets manager CoinShares reports negative sentiment among institutional.
Crypto News
BRICS Success Could Cause a Downfall for US Living Standards, Warns Ex-JPMorgan Executive
The rise of the BRICS nations – Brazil, Russia, India, China, and South Africa – is causing concern among some experts who warn.
Crypto News
Celsius Eyes Merge of Entities as Creditors Claim Distinctions Were a ‘Sham’
Celsius Network, the defunct crypto lender, is trying to merge its UK and US corporations, according to recent court documents, claiming that any.