Various federal agencies in the United States, as well as Congress legislators, have been examining how a CBDC project might influence the country’s economy and status as an international reserve curr...
Tag: Penalties
Austin Mayor Proposes Bitcoin to be Accepted for Payments for Taxes, Fees, Penalties
Steve Adler – the mayor of Austin, Texas – proposed two initiatives to turn the city into a “global leader in the crypto space.” The first includes further promotion of the benefits of blockchain tech...
Senator Warren’s Proposed Legislation Capitalises On Concerns About Cryptocurrency And Penalties
The use of business vehicles to conceal asset ownership and sources of funds, shell corporations to undertake international wire transfers, third-party identity protection, and newly formed accounts t...
ECB Says Crypto Regulation Will Be The End Of Putin As Fears Persist On Russia Using Bitcoin To Bypass Penalties ⋆ ZyCrypto
Advertisement     The ECB president has increased calls for crypto regulation approval. As fears persist that Russia may turn to crypto, Lagarde hopes to block them of...
Crypto Lending Platform Charged — Blockfi Agrees to Pay $100 Million in Penalties – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has charged cryptocurrency lending platform Blockfi in a first-of-its-kind action. The crypto lender has agreed to pay $100 million to settle the char...
BlockFi faces $100 million in penalties over crypto interest accounts: report
advertisement Bloomberg News reported late Friday that the crypto lending platform BlockFi will pay $100 million to settle investigations into its interest-generating accounts, which last year drew pu...
Spain places regulations on ads pertaining to cryptos, outlines penalties too
Interest in cryptocurrencies has taken the world by storm- that’s a fact. Needless to say, with such a hike, crypto advertisements witnessed a massive boom as well. Some might see it as a way to promo...
NFT Market Participants Could Face Stiff Tax Penalties In the U.S.
As the NFT market boomed in 2021, so do the questions around taxation come the next tax season. The Internal Revenue Service wants its share of the NFT booty. There is a lack of clarity on how NFT hol...
CFTC Ordered Polymarket to Pay $1.4 Мillion in Penalties
The Commodity Futures Trading Commission (CFTC) ordered Polymarket – a decentralized platform that allows users to bet on the outcome of current events – to pay a $1.4 million civil monetary penalty. ...