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Nalezeno "crypto-related": 305

IRS Updates Crypto-Related Instructions for 2022 Tax Filing


The Internal Revenue Service (IRS) has updated the crypto section in the 2022 draft instructions for tax form 1040. “For example, digital assets include non-fungible tokens (NFTs) and virtual currencies, such as cryptocurrencies and stablecoins,” the tax agency detailed. New...

Interpol Team Based in Singapore to Help Countries Combat Crypto Crime


A special team established by Interpol in Singapore will assist governments around the world in the fight against crimes involving virtual assets, the international police body announced ahead of its general assembly in India. Cryptocurrency and cybercrime will be the main focus of the forum....

War Spurs Crypto Activity in Russia and Ukraine, Chainalysis Reports


The deadly conflict that started with Russia’s assault on Ukraine has increased crypto-related activity in both countries, according to Chainalysis. Fiat inflation and sanctions pressure led to several spikes in transaction volumes this year, the blockchain forensics firm has found, while Eastern...

Crypto Hackers Gross Over $3 Billion From 125 Hacks so Far This Year


Data from blockchain analytics firm Chainalysis shows that October is “the biggest month in the biggest year ever for hacking activity.” The firm added that crypto hackers have grossed over $3 billion across 125 hacks so far this year. Crypto-Hacking Activity Soars in October...

Dapper Labs Suspends NFT Operations for Russian Users Amid New EU Sanctions


Canadian company Dapper Labs has blocked operations with non-fungible tokens (NFTs) for Russian accounts. The move follows a new round of sanctions recently imposed by the EU which prohibit the provision of crypto-related services to Russian residents and entities. NFT Platform Dapper Labs Conforms...

EU Bans Crypto Services for Russians in New Sanctions Over Ukraine Escalation


An array of crypto-related services have been targeted in the latest round of sanctions on Russia approved by the EU. The measures are part of an expected tightening of the economic and financial restrictions in response to Moscow’s decision to annex Ukrainian territories. EU Council Adopts...

Binance and Kazakhstan to Share Information About Crypto-Related Crime


Cryptocurrency exchange Binance has agreed to support Kazakhstan in ensuring the safe development of the country’s crypto market. The trading platform and Kazakhstan’s financial regulators intend to inform each other about cases involving the use of digital assets for illicit...

Binance Receives License to Offer More Crypto Services in Dubai


Cryptocurrency Binance has received another license from Dubai’s crypto regulator. Binance can now provide more crypto-related services in Dubai. Binance’s New License in Dubai Cryptocurrency Binance announced Wednesday that it has received the Minimal Viable Product (MVP) license...

US SEC Sets Up Dedicated Office to Review Crypto Filings


The U.S. Securities and Exchange Commission (SEC) is setting up a dedicated office to review crypto-related filings. The securities regulator stressed the need to “provide greater and more specialized support” for crypto assets. SEC’s Dedicated Crypto Office The U.S. Securities...

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