President Trump’s administration reportedly plans to eliminate capital gains taxes on cryptocurrencies issued by U.S.-registered companies. If enacted, this move would exempt …
Latest in U.S. Regulation
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U.S. Regulation
Bitfinex Hack Launderer Heather ‘Razzlekhan’ Morgan Sentenced to 18 Months in Prison
by Terron Goldby Terron GoldHeather “Razzlekhan” Morgan, who helped launder the proceeds of the 2016 Bitfinex hack led by husband Ilya “Dutch” Lichtenstein, has …
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U.S. Regulation
BitBoy Faces Lawsuit Over Fraudulent $BEN Token Promotions
by Terron Goldby Terron GoldBen Armstrong, known as BitBoy Crypto, is facing a class-action lawsuit from investors who bought the $BEN token, alleging his …
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U.S. Regulation
Pennsylvania Introduces Bill to Use $7 billion State Fund For Bitcoin Strategic Reserve Purchases
by Terron Goldby Terron GoldPennsylvania’s legislature has introduced landmark legislation for establishing a Bitcoin reserve, positioning the state at the forefront of digital asset policy …
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U.S. Regulation
18 States Sue SEC, Alleging ‘Unconstitutional Overreach’ in Cryptocurrency Crackdown
by Terron Goldby Terron GoldEighteen Republican attorneys general sued the Securities and Exchange Commission (SEC) and Chair Gary Gensler on Thursday for allegedly overstepping the agency’s authority in …
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U.S. Regulation
FBI Seizes Polymarket CEO’s Devices to Allegedly Probe Potential Market Manipulation in Elections Bets
by Terron Goldby Terron GoldFederal law enforcement agents raided the downtown New York home of Polymarket CEO Shayne Coplan on Wednesday, seizing his phone …
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U.S. Regulation
Trump Taps Elon Musk to Lead a ‘Department of Government Efficiency’ with Vivek Ramaswamy
by Terron Goldby Terron GoldU.S. President-elect Donald Trump on Tuesday named Elon Musk to a role aimed at creating a more efficient government, handing …
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U.S. Regulation
Detroit to Accept Cryptocurrency for Taxes and Fees by 2025
by Terron Goldby Terron GoldDetroit residents will soon be able to pay taxes and other city fees with cryptocurrency, the city announced on Nov. …
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U.S. Regulation
Caroline Ellison Begins Two-Year Prison Sentence for FTX Fraud
by Terron Goldby Terron GoldCaroline Ellison, the former CEO of Alameda Research, has reported to the federal prison in Danbury, Connecticut, today to begin …
