Crypto

May 10, 2023

Biden calls to end $18B ‘crypto tax loopholes’ — community begs to differ

Reddit users speculated that the president might be referring to the IRS wash sale rule not being applied to crypto yet.   US President Joe Biden […]

Bear market pushes crypto events to cut fluff, prioritize discourse

“Huge DJs” no longer appear at crypto events; instead, attendees are seeing more “well thought out, intelligent questions” being asked.   The long winter of crypto […]
May 09, 2023

‘War on crypto’ — newly filed letters lambast proposed SEC custody rules

Industry representatives have cast doubt on the legality and impact of the United States securities regulator’s proposal to expand custody rules.   According to recently filed […]

South Korean lawmaker allegedly cashed out while legislating on crypto: Report

National Assembly member Kim Nam-kuk had authority in handling laws related to digital assets in South Korea, reportedly backing a bill proposing a 20% crypto gains […]

Coinbase execs visit UAE to test potential of ‘strategic hub’ for international operations

“I think the U.S. right now is a little bit behind in terms of regulatory clarity and some of the rhetoric from the top,” said Brian […]
May 08, 2023

Pepe’s sudden drop leaves whale 500k in the red

A memecoin whale who purchased roughly $3 million worth of the Pepe token just days ago is now sitting on an unrealized loss of around $600,000. […]

Nigeria goes blockchain: Policy could impact digital identity

Nigeria’s crypto community celebrates the approval of the National Blockchain Policy, set to impact governance, digital identity management and e-payments.   The approval of the National […]

Defending against SEC to cost Ripple $200M, CEO Brad Garlinghouse says

Ripple’s CEO reveals $200 million spent defending the SEC lawsuit, and laments about U.S. crypto regulation and a politics-first policy, advising entrepreneurs to avoid the United […]
May 04, 2023

SEC steps back from defining digital assets in new hedge fund rules

The SEC and its staff are “continuing to consider” the term “digital assets” despite proposing a definition of the term around nine months ago.   The […]

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