Ukraine Requiring Crypto Businesses to Submit Financials
NBU Demands Financial Information from Ukrainian Crypto Firms The government of Ukraine recently approached four local crypto firms — Kuna, CoinPay, GEO Pay and Qmall — with a request to…
Could Tom Brady’s $100M Crypto Debt Trigger a DeFi Implosion?
Crypto Research Firm Uncovers Curve Finance Founder’s Crypto Loans Crypto research firm Delphi Digital recently tweeted a thread that revealed the loans taken by Curve Finance founder Michael Egorov, which…
Binance Trading Alert from Nigerian SEC – Crypto Predictions 2022
Tax on Digital Assets Starting from May 2023, the government of the country imposed a 10% taxation on all profits made from the sale of digital assets, including cryptocurrencies. Local…
Is SBF Behind the Crypto Collapse?
Crypto Twitter has been abuzz with debate following the emergence of a new conspiracy theory that suggests FTX founder Sam Bankman-Fried may be the anonymous developer behind the highly controversial…
Are Crypto Staking Rewards Taxable? IRS Clarifies
Crypto Staking Rewards and Taxation The Internal Revenue Service (IRS) recently issued Revenue Ruling 2023-14, clarifying that United States crypto investors must report crypto staking rewards as gross income for…