The enforcement of a requirement for brokers to report gains made by crypto investors has been postponed by the U.S. Treasury Department and the IRS. The new tax rules, incorporated into the $1 trilli...
Tag: Delays
U.S. delays crypto tax reporting rules, as it still can’t define what a ‘broker’ is
A key set of crypto tax reporting rules is being delayed until further notice under a decision made by the United States Treasury Department. The rules were supposed to be effective in the 2023 tax fi...
FedEx, UPS warn on delays, airlines cancel more flights
An American Eagle plane taxis during a snow storm at Seattle-Tacoma International Airport (SEA) in Seattle, Washington, US, on Tuesday, Dec. 20, 2022. David Ryder | Bloomberg | Getty Images FedEx and ...
Treasury delays electric vehicle tax credit guidance until March
UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on Thursday, May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht...
Central African Republic Delays National Cryptocurrency Launch
Central African Republic delays listing Sango Coin, the national cryptocurrency, despite Bitcoin being the legal tender. What can be the reasons? The Central African Republic is making headlines in th...
Central African Republic delays CBDC, cites unfavorable “market conditions”
According to a Reuters report, the Central African Republic (CAR) has publicly delayed its central bank digital currency (CBDC) due to adverse “market conditions.” The delay comes as the crypto indus...
Central African Republic delays the launch of its cryptocurrency “Sango” until 2023
An authoritative declaration revealed that the Central African Republic shall not be offering its digital currency, the sango coin, until the first quarter of 2023. The news was released through the ...
Bitcoin miner CleanSpark slashes 2023 hashrate guidance on build-out delays
Bitcoin miner CleanSpark is lowering its 2023 hashrate guidance from 22.4 EH/s to 16 EH/s because of build-out delays coming from its infrastructure partner, Lancium. “Just recently, they ...
Japan’s FSA To Extend Suspension Of FTX Japan Amid Withdrawal Delays
Japan’s Financial Services Agency on Wednesday said it plans to extend the suspension order for crypto exchange FTX Japan. The move comes as Japanese arm is taking more time to resume withdrawals and ...
Apple downsizes, delays its autonomous car plans: report
Apple Inc. has scaled back its autonomous electric-car plans and delayed its target date until 2026, according to a new report. Bloomberg News on Tuesday reported Apple’s Project Titan has been in a s...
Apple Stock Slumps Due To Production Delays Of New iPhones In China
| Getty Images Key Takeaways Apple’s stock dropped on November 28 due to news of production issues at the Foxconn factory in Zhengzhou, China. The company declined to comment on the Bloomberg report t...
CoinList Explains Deposit and Withdrawal Delays
CoinList has refuted any claims it is nearing insolvency despite the issues with deposits and withdrawals on its platform. Amid reports of a liquidity crunch, crypto listing platform and exchange, Coi...
CoinList addresses withdrawal “FUD” with technical delays
After a blogger tweeted that users reported being unable to withdraw funds for over a week, CoinList, a cryptocurrency exchange and Initial Coin Offering (ICO) platform, took to Twitter to address ...
Cardano stablecoin shutters following launch delays
On November 24, Ardana, a renowned decentralized finance (DeFi) and stablecoin ecosystem that was built on Cardano (ADA), abruptly halted development. They justified their choice by saying that there ...
CoinList addresses ‘FUD’ on withdrawals, cites technical issues for delays
Cryptocurrency exchange and Initial Coin Offering (ICO) platform CoinList took to Twitter to address “FUD” after a blogger tweeted that users reported being unable to withdraw funds for over a week, s...
Leading Cardano stablecoin project shuts down after excruciating launch delays
On Nov. 24, Ardana, a leading decentralized finance (DeFi) and stablecoin ecosystem building on Cardano (ADA), abruptly halted development, citing “funding and project timeline uncertainty.̶...
Musk Delays Relaunch Of Twitter Blue Until There Is ‘High Confidence’ On Stopping Impersonators
Topline Elon Musk on Monday said Twitter delay the planned relaunch of its Twitter Blue subscription service—which allows users to pay $8 a month for a verified badge—until there is “high confidence” ...
Gemini Earn Warns Customers of Likely Withdrawal Delays Due to Genesis Lending Pause
Crypto exchange Gemini warned customers today that there may be delays for withdrawals on its Earn product. The delays are due to Genesis Global Capital’s announcement today that it would pause ...
Crypto Market Rout Fuels Global Exchange Volumes — Kraken, Coinbase Report Connectivity and Latency Delays – Exchanges Bitcoin News
Amid the market carnage on Tuesday, Nov. 8, the top ten cryptocurrency exchanges have seen trade volumes soar. During the 24-hour period on Tuesday, the top five exchanges alone recorded more than $60...
Huobi Exchange in Huge Losses After pNetwork Delays the White Hack Attack Communication – crypto.news
Huobi and the pNetwork Team clash over a GALA coin smart contract vulnerability following a white hack execution by pNetwork that resulted in losses for the exchange. Huobi Count Losses via pNetwork ...
Don’t Expect To Know The Midterm Winners On Tuesday—Here’s Why These States Could See Delays
Topline In a midterm year with high turnouts expected and a number of close races that will decide which party controls the Senate, election results—which hinge on a labyrinth of rules that vary widel...
Third Time’s a Charm? Bitcoin Miner Bitdeer Delays $4B SPAC Deal Again
Blue Safari Group, the SPAC firm taking crypto miner Bitdeer public at a $4 billion valuation, has just filed for another extension—the third in less than six months, and this time for up to a year in...
Ethereum Co-Founder Vitalik Buterin Is Happy with Delays in Crypto ETFs, Here’s Why
Vitalik Buterin said that he is happy to see crypto ETFs getting delayed as the market hasn’t reached enough maturation. Cryptocurrency exchange-traded funds (ETFs) have found it really difficult to m...
Ethereum’s Buterin finds the bright side of the delays in ETF approvals
Ethereum co-founder Vitalik Buterin believes that the cryptocurrency industry should not enthusiastically pursue huge institutional capital at full speed as it would bar the industry from operating in...
Vitalik Buterin ‘kinda happy’ with ETF delays, backs maturity over attention
The co-founder of Ethereum (ETH), Vitalik Buterin, believes that the crypto ecosystem needs to mature and be in tune with the regulatory policies that allow crypto projects to operate internally freel...
Troubled BitMEX loses chief exec amid BMEX token delays
The chief exec of troubled BitMEX crypto exchange has suddenly quit, just weeks before listing its own BMEX token in a 2017-style ICO. The firm has operated for five years sans token, yet plans to lis...
Colton Herta Delays Formula One Dream; Re-Signs With Andretti Autosport IndyCar Through 2027
LONG BEACH, CALIFORNIA – APRIL 10: NTT IndyCar Series driver Colton Herta prepares for warm up laps … [+] on race day at the 2022 Acura Grand Prix Of Long Beach on April 10, 2022 in Long B...
Silvergate Shares Plummet 20% Amid Bearish Q3 Performance, Stablecoin Delays
Silvergate Capital Corp (NYSE: SI) shares have plummeted 19.5% over the past five days after the crypto-focused bank reported a rather bleak Q3 performance. As of this writing, Silvergate shares are t...