In 2025, Turkey’s cryptocurrency regulations are making the Market more appealing to investors. With the introduction of a new legal framework this year, confidence in digital currencies is growing. Bitcoin’s value has surged significantly, nearly hitting $106,000, despite some price fluctuations. Turkeys’ Parliament passed a pivotal regulation in June, requiring crypto service providers to obtain ...
New cryptocurrency regulations are set to take effect in Europe this month, coinciding with a surge in the value of cryptocurrencies like Bitcoin. These new rules, known as MiCA (Markets in Crypto-Assets), aim to protect investors and regulate trading within the EU. In France, cryptocurrencies are treated as capital assets, meaning they are not taxed ...
The IRS Criminal Investigation Division has released its Fiscal Year 2024 report, revealing significant focus on financial crimes, particularly involving cryptocurrency. Notably, a U.S. taxpayer has pled guilty to tax evasion related to crypto sales, and Binance, the largest cryptocurrency exchange, has entered a historic $4 billion settlement for failing to prevent money laundering. The ...
The IRS Criminal Investigation division released its Fiscal Year 2024 report, highlighting recent efforts against tax evasion and financial crimes, especially in the cryptocurrency sector. Among significant developments, a U.S. taxpayer has pleaded guilty to tax evasion linked to cryptocurrency, and Binance Holdings settled a major case for $4 billion. The IRS has also initiated ...
The UK Financial Conduct Authority (FCA) is asking the public for feedback on its initiative to enhance transparency in the country’s cryptocurrency markets. This effort follows the release of a discussion paper aimed at shaping future rules regarding crypto-asset admissions, disclosures, and Market abuse. The FCA is focused on creating a fair and balanced regulatory ...
A man from Austin, Frank Richard Ahlgren III, has been sentenced to two years in prison for filing false tax returns that underreported his earnings from selling $4 million worth of Bitcoin. Between 2017 and 2019, he failed to report significant profits and even manipulated his tax returns to conceal his gains. Ahlgren used complex ...
Roger Ver, once dubbed “Bitcoin Jesus,” recently spoke with U.S. journalist Tucker Carlson, shedding light on the reasons behind his arrest in Spain six months ago. During the interview, Ver challenged the idea that his legal troubles were solely linked to tax evasion, suggesting instead that they stem from his early advocacy for Bitcoin and ...
Crypto stocks experienced a brief surge early Thursday following Bitcoin’s rise to a historic high exceeding $100,000. This spike was fueled by President-elect Donald Trump’s intention to appoint crypto-friendly Paul Atkins as the head of the U.S. Securities and Exchange Commission (SEC). Notable gains were seen in stocks like Coinbase, which climbed over 90% in ...
Crypto stocks surged on Thursday after Bitcoin soared to a record high of over $100,000, fueled by president-elect Donald Trump’s announcement to nominate Paul Atkins, a crypto-friendly figure, to lead the SEC. Notable gains were seen in major stocks: Coinbase rose by 5%, MicroStrategy by over 8%, and Riot Platforms by more than 6%. Under ...
The Central Bank of Brazil is taking steps to control the use of stablecoins, planning to prevent users from withdrawing them to self-custodial wallets. This measure is intended to manage financial operations involving digital assets and maintain the integrity of international capital flows. The bank’s proposal restricts stablecoin transfers between residents in scenarios where Brazilian ...
