IRS Expects to See Spike in Crypto Tax Evasion Cases in the US: Report
The US, where estimates suggest 40 percent of adults currently hold crypto assets, is expecting to see a rise in tax evasion cases. The US’ Internal Revenue Service (IRS) is…
New Zealand Commerce Minister Warns Leaders on Being Slow in Crypto Exploration
New Zealand’s ministry of commerce and consumer affairs have warned the country leaders against keeping a slow approach on cryptocurrencies. In a recent development, minister Andrew Bayly has asked the…
Mastercard, 1inch Partner to Launch New Crypto Debit Card: All You Need to Know
A new crypto debit card has entered the fintech ecosystem, programmed with the crypto-to-fiat bridge functionality. DeFi firm 1inch has collaborated with cards payment giant Mastercard to launch this card.…
Hong Kong Continues Clampdown on Fraudulent, Unregistered Crypto Exchanges
Hong Kong is continuing its efforts to regulate crypto exchanges and crack down on those that are fraudulent and unregistered in the special administrative region (SAR) of China. The cryptocurrency…
‘If Our Regulated Markets Can’t Compete With Crypto…’: SEBI Chief Addresses Investor Migration Concerns
With the advent and now visible growth of cryptocurrencies, traditional market practices are looking at an urgent revamp around the world. Earlier this week, Madhabi Puri Buch, chairperson of the…
Binance Extends Early Women’s Day Wishes, Launches Perfume Fragrance Named ‘Crypto’
Every year since 1975, March 8 is observed as International Women’s Day as per the UN’s declaration. Binance, touted as the world’s largest exchange, decided to appeal to potential women…
India’s Diverse Bazaars to Democratise with Metaverse, Says BWA Chief; Hails Reliance and Nykaa
The metaverse technology seems to have a bright future in India, use cases of which are being foreseen in plenty by experts from the industry. In a recent conversation with…
Crypto Policies, AI Remain Key Topics of Focus for G20’s 2024 Agenda Under Brazil: FSB
Brazil took the reins of the G20 presidency from India in December 2023 and will continue to preside over the organisation until November this year. Crypto-related policy formulation, asset tokenisation,…
US SEC Denies Coinbase Petition Seeking New Crypto Rules for Digital Assets Sector
The US Securities and Exchange Commission on Friday denied a petition by Coinbase Global seeking new rules from the agency for the digital asset sector, which the country’s largest crypto…
Google Updates its Ad Policies for Crypto Coin Trusts: Here’s Everything to Know
Google, in the midst of ongoing crypto market growth, has announced changes to its advertising policies. The search engine giant has decided to allow crypto coin trusts to display advertisements,…