Understanding the Tax Implications of Staking Rewards in the U.S.
The cryptocurrency landscape is expanding, and with it, the complexities of taxation surrounding digital assets are growing. Recent communications from the U.S. Internal Revenue Service (IRS) have clarified the status of staking rewards, asserting these gains as taxable income. This…
The Philippine SEC Proposes New Crypto Regulations: A Step Forward for Cryptocurrency Governance
The regulation of cryptocurrency in the Philippines has taken a significant turn with the Securities and Exchange Commission (SEC) recently proposing new guidelines. These proposed regulations aim to introduce a more structured and secure framework for digital assets, ensuring that…
El Salvador and Argentina Forge Partnership in Digital Asset Collaboration
In recent months, El Salvador and Argentina have initiated a collaboration focused on digital assets, signaling a significant shift in how these nations approach the evolving landscape of cryptocurrency and blockchain technology. Both countries recognize the growing importance of digital…
Bitcoin Breaks $100,000 for the First Time: What This Means for the Future of Cryptocurrency
In an unprecedented move that has sent shockwaves through financial markets and the crypto community, Bitcoin has officially surged past the $100,000 mark for the first time. This milestone is not merely a number; it signifies a potentially transformative moment…
Cambodia Implements Ban on Binance and Coinbase in Cryptocurrency Crackdown
Cambodia’s recent decision to ban major cryptocurrency exchanges like Binance and Coinbase marks a significant shift in the nation’s regulatory landscape regarding digital currencies. This action has raised eyebrows among observers and market participants alike, as Cambodia previously positioned itself…
21Shares Expands Crypto Offerings in Europe with Innovative ETPs
The digital asset landscape continues to evolve, and companies are constantly seeking to meet the rising demand for crypto investments. 21Shares, a leading provider of exchange-traded products (ETPs), has recently made headlines by expanding its offerings in Europe. This strategic…
South Korea Links 2019 Crypto Heist to North Korea
In a significant development in cybersecurity investigations, South Korean police have confirmed that hackers associated with North Korea’s military intelligence were behind a major cryptocurrency theft that occurred in 2019. This incident, which targeted a cryptocurrency exchange, resulted in the…
The Future of Regulation: A Look Ahead After Gary Gensler's Departure from the SEC
As Gary Gensler prepares to leave his role as the chair of the U.S. Securities and Exchange Commission (SEC) in January 2025, the financial landscape, particularly around cryptocurrencies, is poised for significant changes. Gensler has been a formidable figure in…
Bitcoin Surges Past $94,000 as Trump's Talks Boost Market Sentiment
Bitcoin has experienced an astonishing surge, recently surpassing the $94,000 mark. This climb can be attributed to various factors, including reports that Donald Trump’s social media company, Truth Social, is in discussions to acquire the cryptocurrency firm Bakkt. Such news…
Denmark Proposes Tax on Unrealised Crypto Gains: A Shift in Capital Gains Taxation
Denmark is moving towards a significant shift in how it handles cryptocurrency taxation, as proposed by its Tax Law Council. The new bill could impose taxes on unrealised gains and losses from crypto assets, potentially commencing in 2026. This initiative…
