Regulation

Delve into the regulatory landscape of the crypto world. Understand the legal aspects, compliance requirements, and governmental policies shaping the use and adoption of cryptocurrencies.

IRS

IRS Enacts 2024 Tax Reporting Rule for Crypto Transactions Over $10K, Prompting Debate

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A recent move by the Internal Revenue Service (IRS) has stirred controversy within the crypto community, as the agency now mandates reporting for transactions involving at least $10,000 in cryptocurrencies. Effective since January 1, 2024, this regulation stems from the infrastructure bill signed into law by U.S. President Joe Biden in November 2021. Under this […]

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North Korea’s Escalating Pursuit of Cryptocurrency: A Persistent Threat to the Industry

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North Korea has significantly expanded its focus on cryptocurrency, amassing an estimated $3 billion through illicit means since 2017. Initially successfully stealing from financial institutions by exploiting the SWIFT network, the regime shifted its attention during the 2017 cryptocurrency boom. North Korean cyber operators transitioned from traditional finance to the emerging digital financial landscape, initially

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Crypto Lobbying in the US Has Fallen by $2M in the Last Year

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Congress is inclined to have more jurisdiction over the crypto industry, reduce crypto’s use in criminal activities like fraud and money laundering, and have proper definitions for these digital assets. However, some of their discussions and proposals clash with the crypto community business goals, pushing crypto companies to indulge in lobbying.  According to fininterest.com, crypto

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