This October, Fidelity, an asset management company with a $4.5 trillion market cap, announced that some of its 401(k) retirement plans had started including Bitcoin in their investing options.
Read-moreThose who own virtual digital assets (VDAs), cryptocurrencies, or perhaps even investments in DAOs (Decentralized Autonomous Organizations) may be significantly impacted by new amendments to the filing of income tax returns suggested by India’s taxation body.
Read-moreFollowing the Terra collapse in the spring of last year, South Korean lawmakers plan to tighten regulations with a focus on protecting investors in virtual assets, such as digital currencies, and toughening the penalties for unethical commercial practices in the sector.
Read-moreParaguay’s reputation as a nation with low power costs for bitcoin mining negatively impacts the electric grid, which might undermine the country’s capacity to maintain a stable power system. The National Power Administration, ANDE, reported on October 28
Read-moreA Chilean bank named Bci declared on October 28 that a protocol had been created to let cryptocurrency exchanges open checking accounts with the institution. This is a significant victory for the nation’s
Read-moreThe biggest bitcoin miner in the world, Core Scientific (CORZ), warned that if its financial situation doesn’t improve, it could have to consider filing for bankruptcy. The warning caused its shares to drop 77%, reaching as little as 23 cents. The miner predicted
Read-moreFollowing the failure of Singaporean cryptocurrency hedge fund Three Arrows Capital (3AC), the Monetary Authority of Singapore (MAS) is implementing further measures to regulate the industry.
Read-moreFive U.S. lawmakers requested a response from the heads of the Securities and Exchange Commission, Commodity Futures Trading Commission, Treasury Department, Federal Reserve, Federal Deposit Insurance Corporation,
Read-moreThe draft instructions for tax form 1040 for 2022 were provided by the Internal Revenue Service (IRS) last week. The tax form used in the United States to file individual income tax returns is called Form 1040. The updated instructions include a number of cryptocurrency-related improvements.
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