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Brussels Proposes Stringent Tax Reforms For Crypto Sector

Countries across the globe are stepping up regulations due to recent events that have unfolded in the crypto market. New “tax transparency rules” for the cryptocurrency sector are on the agenda of Brussels’ executive authority. Not only EU-based service providers. But any service providers that facilitate transactions in crypto assets

December 11, 2022 1 min read

Argentina Plans Incorporating Blockchain in Various Government Sectors

Some of the most distinguishing features of blockchain technology are its decentralization, transparency, immutability, and automation. Use applications for these components are almost limitless because of the breadth of their applicability across sectors. There has been a recent uptick in the number of nations examining how blockchain technology may be

December 11, 2022 1 min read

Alameda Research Ex-CEO Engages Former SEC Official as Lawyer

Former Alameda Research CEO Caroline Ellison has engaged a former official of the Securities and Exchange Commission (SEC) and law firm WilmerHale to defend her in connection with the continuing investigation into the fatal demise of the cryptocurrency exchange FTX and its trading business Alameda Research. While at the SEC,

December 11, 2022 1 min read

SEC Unveils New Guidelines For Firms Linked With Crypto Sector

In light of the current market turmoil, the Securities and Exchange Commission (SEC) has released new rules for corporations making financial disclosures, requiring them to disclose a more comprehensive record of their connection to the crypto sector. The criteria, detailed in an illustration letter, extend beyond the balance sheet total

December 9, 2022 1 min read

SEC Chair Gensler Responsible for FTX Fall Thrashes Congress Reps.

Speculative opinions surrounding the U.S Securities and Exchange Commission (SEC) have always been present for a long time. Though the main notion of the U.S SEC is to maintain security, and protection for assets, mainly digital currently, most of the investors, and crypto based firms are against it.  Throughout time,

December 7, 2022 2 mins read

Celsius Network Secured Court Approval to Remunerate its Employees

The Celsius Network’s bankruptcy filing in the U.S.Court remains a controversial issue in the global cryptocurrency industry as It’s been more than 5 months since its initiation. Now the crypto lender obtained court sanctions to reward bonuses worth up to $2.8 million to their employees in an attempt to prevent

December 6, 2022 1 min read

Australian Securities Exchange (ASX) Lays Off 200 Contractors

Almost 200 independent contractors working for the Australian Securities Exchange (ASX) on the integration of blockchain technology into its CHESS clearing and settlement system are scheduled to be let off. This comes after ASX earlier this month announced the end of a seven-year programme. For which it had budgeted $170

December 2, 2022 1 min read

‘LBRY’ Shares Post Criticizing SEC Over Killing the Firm

After losing a battle with the SEC earlier this month, the business behind the blockchain publishing platform LBRY published a heartfelt tweet yesterday. Tweets sent by LBRY, Inc. on Monday said that the company had been “killed by legal and SEC debts.” A follow-up tweet from the firm clarified that

December 1, 2022 2 mins read