IRS grants temporary relief on crypto tax reporting rules amid legal challenges
The Internal Revenue Service (IRS) issued temporary relief on crypto cost-basis reporting rules, potentially averting increased tax liabilities for digital...
Read more
Cryptocurrency News
China tightens grip on crypto with new foreign exchange rules
China has rolled out new regulations to identify and control risky foreign exchange activities, including those involving cryptocurrencies, the South...
Read more
Vitalik Buterin helps Tornado Cash developer Roman Storm with $170k New Year donation
Vitalik Buterin, Ethereum’s co-founder, has donated 50 ETH (approximately $170,000) to support the legal defense of Roman Storm, a Tornado...
Read more
Syrian research explores Bitcoin legislation to stabilize currency amid challenges
The Syrian Center for Economic Research (SCER) has outlined an ambitious proposal to integrate Bitcoin into the Middle Eastern country’s...
Read more
X aims for super app status in 2025 with X Money, X TV and deeper AI integration
X (formerly known as Twitter) aims to chart a new course this year by blending finance, artificial intelligence, and social...
Read more
Top 10 cryptocurrency rankings on January 1 2025 vs 2024 sees Avalanche replaced by Tron
The crypto market ended the year with a combined valuation of $3.26 trillion. 2024 featured shifting momentum across Bitcoin, Ethereum,...
Read more
FCA struggles with crypto ads as UK looks to encourage crypto compliance
The United Kingdom faces mounting challenges in regulating crypto advertising as the Financial Conduct Authority (FCA) grapples with widespread violations,...
Read more
BlackRock ETF ends year with 4th outflow of the month amid quiet day
Bitcoin spot ETFs posted $5.32 million in net inflows on Dec. 31, according to Farside Investors. Fidelity led with $36.8...
Read more
