U.S. Senator Pat Toomey has called on Congress to stop the Treasury Department from maximizing its ability to regulate and tax crypto by p...
Treasury Secretary Yellen Privately Lobbies Against Tax Amendment Crypto Industry Wants: Report
U.S. Treasury Secretary Janet Yellen has reportedly raised objections to lawmakers about the cryptocurrency tax amendment to the $1 trillio...
Uncollateralized Lending Platform Truefi Raises $12.5 Million From A16z, Alameda and Blocktower
Truefi, an uncollateralized loan platform, has raised $12.5 million from three important investors. The token sale was led by Blocktower, ...
Genesis Report Highlights 'Emerging Role' of Ethereum and Defi in Q2 2021
Genesis Digital, a leading cryptocurrency trading, lending, and custody desk, released its Q2 reports, where it confirms what it calls the...
Hip-Hop Star Megan Thee Stallion Creates 'Bitcoin for Hotties' Video to Educate Millions of Fans About Crypto
Award-winning hip-hop artist Megan Thee Stallion has published a video of herself explaining the basics of bitcoin, including what it is, w...
Crypto space weighs in on proposed amendments to US infrastructure deal
Some are urging U.S.-based crypto users to contact their representatives in support of the amendment from Wyden, Lummis and Toomey. With ...
SEC claims first enforcement action in $30M fraud case involving DeFi project
A Cayman Islands-based company and two individuals may be the first subjects in decentralized finance, or DeFi, to face enforcement action f...
JPMorgan Quietly Offers 6 Crypto Investments Despite CEO Jamie Dimon's Anti-Bitcoin Stance
Global investment bank JPMorgan is now offering six cryptocurrency investment funds to clients despite its CEO, Jamie Dimon, continually ad...
White House Backs Crypto Tax Amendment Endorsing Proof-of-Work in Infrastructure Bill
The White House has endorsed an amendment to the $1 trillion Infrastructure bill that supports proof-of-work over all other consensus mec...
New bill in Ukraine to allow payments in cryptocurrency, says official
The deputy minister of Ukraine’s Ministry of Digital Transformation believes that crypto payments will be allowed in Ukraine similarly to pa...
Cambodia explores cross-border transactions of CBDC-like Bakong
Launched in late 2020, Cambodia’s digital money project Bakong reached 200,000 users in June, doubling from three months earlier. The Nati...
Crypto Gambler Wins $75,000 with a $31 Bet on ‘Book of Aztec’ at Bitcoin.com’s Casino
Book of Aztec dishes out a massive round win worth a little under 2 BTC , leaving the player ecstatic! A small bet results in one of the b...
US Government Has Seized Cryptocurrencies Worth $1.2 Billion So Far This Year
The U.S. government has seized cryptocurrencies worth $1.2 billion so far this year, according to an Internal Revenue Service director. This...
Invesco files with SEC for Bitcoin ETF without direct BTC exposure
The Invesco Bitcoin Strategy ETF may “at times” invest in Bitcoin ETFs listed outside of the United States. Atlanta-based investment compa...
Coinbase CEO Brian Armstrong says proposed crypto tax rule makes no sense
The crypto exchange boss is the latest to decry plans to enact sweeping changes to cryptocurrency tax reporting in the United States. Co...
Fans Can Buy Game Moment NFTs In Person at the NBA Summer League Games in Vegas
Attendees of the upcoming NBA Summer League games in Las Vegas at the Thomas & Mack Center will be able to purchase NBA Top Shot non-fun...
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