Kraken will share data of 42,000 users with IRS
The information will be sent to the Internal Revenue Service in early November.
The information will be sent to the Internal Revenue Service in early November.
Thailand’s second-largest lender by assets, Kasikornbank, is moving into crypto by acquiring a majority stake in the local crypto exchange Satang.
Crypto investors claiming “my coins disappeared suddenly” have been found to recently download crypto applications from unverified sources.
Demand for crypto in Hong Kong is mainly driven by institutional investors rather than retail customers, Zodia CEO said.
During a panel at the 2019 MIT Bitcoin Expo, Gensler called out the securities regulator for its “inconsistent” approach to spot Bitcoin ETF approvals.
On October 29th, asset management company VanEck reportedly submitted a revised version of their Bitcoin Spot ETF to the U.S. Securities and Exchange Commission (SEC). This news was shared by Bloomberg ETF analyst James Seyffart via social media, according to a report by BlockBeats. This development comes only a few days after Bitwise, a prominent crypto asset management organization, took a similar path. As reported by BlockBeats on October 26th, Bitwise submitted their own modified version of a Bitcoin Spot ETF to the SEC. Seyffart highlighted that Bitwise's submission was, in essence, a response to comments and concerns raised by the SEC. Should the SEC approve Bitwise's product, it is set to trade under the ticker BITB. It remains to be seen if VanEck's revised submission will receive a similar nod of approval from the US regulatory body. This move of submitting revised Bitcoin spot ETFs represent the continuous efforts from various investment companies to receive a green light for Bitcoin ETFs, which have the potential to open up cryptocurrency to a broader investment audience, and foster growth in the digital assets market.
“It’s not just a piece of artwork”: Mintable CEO Zach Burks argues that the United Kingdom government still hasn’t caught up on what NFTs are becoming.
Clayton emphasized that regulatory agencies should introduce regulations and legal cases they believe will successfully withstand judicial scrutiny.
Stuart Alderoty thanked Hester Peirce and suggested it might be time to submit an amicus brief.
The SEC commissioner said the regulator’s actions “forced a group of entrepreneurs to abandon what they built,” with LBRY announcing in October it planned to wind down operations.