Tag: U.S

news-31072024-141103

Bitcoin Airdrops: U.S. Government’s Political Influence on Protocol

Last week's Bitcoin Nashville conference made waves in the crypto world as former U.S. President Donald Trump and Senator Cynthia Lummis made significant statements regarding Bitcoin. Trump suggested using the government's existing holdings of...
news-28072024-023918

The Impact of a Democrat Win on U.S. Bitcoin Reserve: Trump’s Warning to Crypto...

Former U.S. President Donald Trump recently made a bold promise to establish a "strategic national bitcoin reserve" and vowed to never sell the government's seized bitcoin. This announcement was made during a speech at...
news-17072024-005419

Corrupt U.S. Senator Convicted of Bribery After Criticizing Bitcoin

U.S. Senator Bob Menendez, a Democrat from New Jersey, was recently convicted of accepting bribes as a foreign agent. This news came as a shock to many, especially in the crypto community, as Menendez...
news-07072024-175210

DraftKings Lawsuit Sparks NFT Securities Trial in U.S. Court

A recent development in the world of non-fungible tokens (NFTs) has sparked a legal battle that could potentially redefine how these digital assets are classified in the United States. A U.S. judge in Massachusetts...
news-01072024-201916

New IRS Cryptocurrency Tax Rules Explained – CoinJournal

The IRS has recently introduced new tax reporting rules for cryptocurrency brokers, which are set to take effect in 2025. This framework requires crypto brokers, hosted wallet services, and digital asset outlets to file...
news-28062024-135742

U.S. Treasury Announces Crypto Tax Rules for 2025, Delays Non-Custodian Regulations

The U.S. Department of the Treasury's Internal Revenue Service has announced new tax rules for cryptocurrency transactions that will take effect in 2025. Crypto brokers will be required to file 1099 forms similar to...
news-15062024-030011

U.S. Judge Approves $4.5B Settlement between Terraform and SEC.

A settlement agreement involving a $4.5 billion penalty and a ban on trading "crypto asset securities" has been approved by a U.S. District Court judge. The agreement was reached between the Securities and Exchange...