How the UK Crypto Tax Maze is Pushing users Away
Tax classifications and uncertainty HMRC treats cryptocurrencies mostly as assets subject to capital gains tax, and as income in specific cases. That dual track forces...
Crypto Regulation
News about Regulation
Cryptocurrencies and blockchain technology are relatively new to everyone. That is why many countries are still adjusting to this new world and starting to establish laws and regulations about it.
To avoid problems and penalties, and to take advantage of all the opportunities, you should be aware of everything about cryptocurrency regulations.
In this section of The Cryptocurrency Post you will find all the news you need to stay up to date.
Arizona Blocks Digital Asset Reserve Fund Bill
by federico
TL;DR Arizona Governor Katie Hobbs vetoed House Bill 2324, stopping the creation of a state-managed digital asset fund. The bill aimed to allocate confiscated digital...
Senate Approves GENIUS Act for Stablecoin Regulation
by federico
TL;DR The Senate has passed the GENIUS Act, creating the first formal regulatory framework for stablecoins in the U.S., allowing banks and tech companies to...
Crypto Regulations Split Congress Over the Clarity Act and Trump’s Business Dealings
by guido
TL;DR The House debated the Clarity Act as Democrats denounced potential conflicts of interest involving Donald Trump’s crypto business dealings. Republicans defended the bill as...
The FCA Prepares to Authorize Cryptocurrency cETNs for Retail Investors in the UK
by guido
TL;DR The FCA plans to authorize UK retail investors to trade crypto cETNs on regulated exchanges, lifting a restriction in place since 2021. The move...
Samourai Wallet Seeks to Dismiss DOJ Case Citing FinCEN Rules
by federico
TL;DR The founders of Samourai Wallet requested the dismissal of the DOJ’s case, arguing that their software never handled funds and should not be classified...
Michigan Drives New Laws to Regulate Cryptocurrency Use and Promote Investments
by guido
TL;DR Michigan will allow state pension funds to invest in cryptocurrencies through regulated ETFs that meet specific requirements. Mining operations can use energy from abandoned...
Unicoin Under Fire – SEC Accuses Million-Dollar Fraud
by federico
TL;DR The U.S. Securities and Exchange Commission (SEC) has accused Unicoin of exaggerating its fundraising figures and falsely claiming real estate asset backing, stating it...
Senators Demand Crypto Tax Reform in the U.S.
by federico
TL;DR At a time when digital asset adoption is growing globally, the United States risks jeopardizing its technological leadership. Senators Cynthia Lummis (Wyoming) and Bernie...
$198 Million Crypto Fraud Shakes Investors Worldwide
by federico
TL;DR The SEC accuses Ramil Palafox of running a $198 million Ponzi scheme through his company PGI Global, falsely promising high returns from crypto and...