Indian Supreme Court Wraps up Crypto Hearing for the Year

Indian Supreme Court Wraps up Crypto Hearing for the YearThe Supreme Court of India called on for hearing on Monday the writ petitions challenging the banking restriction by the Reserve Bank of India (RBI). After hearing from the RBI’s counsel, the court wrapped up the case for the year. Its decision follows Lok Sabha, the lower house of the Indian parliament, revealing that a […]

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US to Strictly Enforce Crypto Rules Similar to FATF Guidelines

US to Strictly Enforce Crypto Rules Similar to FATF GuidelinesThe U.S. government will strictly enforce the rules on cryptocurrencies similar to the standards recommended by the Financial Action Task Force (FATF). The Financial Crimes Enforcement Network has reaffirmed that its “Travel” rule applies to cryptocurrencies. Meanwhile, the Federal Reserve has flagged stablecoin as a potential risk to the U.S. financial system in a new […]

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IRS Dispels Crypto Tax Confusion

IRS Dispels Crypto Tax ConfusionThe U.S. Internal Revenue Service (IRS) has cleared up some confusion about how cryptocurrency transactions are taxed, particularly regarding like-kind exchanges and promotional airdrops. As the tax agency intensifies its enforcement efforts, more people are seeking the best tax software to help them. Also read: Tax Guide: What Crypto Owners Should Know Pre-2018 Like-Kind Exchanges […]

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Indian Government Delays Introducing Cryptocurrency Bill

Indian Government Delays Introducing Cryptocurrency BillThe Indian government previously told the supreme court that the country’s cryptocurrency bill may be introduced in the Winter session of parliament. However, the crypto bill is not included in the agenda published by Lok Sabha, the lower house of India’s parliament. This gives the community a sigh of relief as many have been campaigning […]

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Ohio Crypto Program Hits a Snag, Attorney General Finds It Illegal

US State of Ohio Crypto Program Hits a Snag, Attorney General Finds It IllegalThe Attorney General of the U.S. state of Ohio has assessed the state’s crypto program and concluded that it is a legal violation of state law. The state’s former treasurer skirted the law to launch a website that allowed 23 types of tax payments in cryptocurrency ahead of other states. Also read: US State of […]

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Indian Government Programs Add New Crypto Courses

Indian Government Programs Add New Crypto CoursesThe Indian government has added new educational courses teaching cryptocurrency and blockchain technology to the public and law enforcement officers. Amid regulatory uncertainty and banking restrictions, cryptocurrency and blockchain technology remain important topics of study in India. Also read: Indian Supreme Court Postpones Crypto Case to November, New Date Confirmed New Course on Crypto and […]

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South Korean Exchange CEO Sentenced to 16 Years in Prison

South Korean Exchange CEO Sentenced to 16 Years in PrisonA South Korean district court has sentenced executives of a local crypto exchange to prison. The CEO of the exchange got a 16-year jail sentence while other executives and their accomplices got between six and 11 years. They duped thousands of investors, promising them up to 200% return within weeks. Also read: Korean Presidential Committee […]

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Swiss Crypto Bank SEBA Launches With Range of Services

Swiss Crypto Bank SEBA Launches With a Range of ServicesSEBA Bank is now fully operational with a range of services to bridge the gap between the crypto world and traditional banking. Licensed in Switzerland, the bank’s crypto services include asset management, trading, custody, and financing. Its wallet app, e-banking, and card enable customers to convert between cryptocurrencies and traditional investments such as stocks, bonds, […]

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Crypto Jobs on the Rise, Thousands Listed

Crypto Jobs on the Rise, Thousands ListedThe number of job vacancies in the crypto industry is growing but fewer people are searching for them, according to a major U.S. job listing website. Thousands of jobs relating to Bitcoin, cryptocurrency, and blockchain technology are currently available as new employers seek to enter the space and existing players expand operations. Also read: China […]

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Corrupt CBI Officer Booked for Extorting Vigilante Bitcoiner

Corrupt CBI Officer Booked for Extorting Vigilante BitcoinerIndia’s Central Bureau of Investigation (CBI) has reportedly booked its own officer in an extortion case involving bitcoin. The target was a man who previously fell victim to the Bitconnect scam and allegedly resorted to extreme measures to recoup his money. Also read: China Now Censors Anti-Blockchain Sentiment, Educates Public on Bitcoin Extorted by CBI […]

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