Crypto Exchange

The IRS is considering different approaches to tax cryptocurrency.

The US Internal Revenue Service has been considering different approaches to digital currency taxation, a top government official has revealed. Speaking during a recent event, the government official stated that the IRS has been weighing the different trade-offs each...

Payment giant PayPal bought up to 70% of all newly-mined Bitcoin.

Payments giant PayPal bought up to 70% of all newly-mined Bitcoin over the past month since it started offering crypto services last month. Pantera Capital, a hedge fund manager, unveiled this news in its most-recent monthly blockchain letter, adding...

Crypto exchange KuCoin resumes deposits and withdrawals after the September hack.

After a $275 million hack in September, crypto exchange KuCoin announced that it has “restored the deposit and withdrawal services of all tokens.” After a partial reopening of services in October, this restoration of services is the exchange’s latest...

Crypto derivatives exchange BitMEX’s users have two weeks to update KYC.

Crypto Derivatives platform BitMEX has reminded users that they have two weeks to update their KYC (Know-Your-Customer) information. If the deadline is missed, users would not be allowed to withdraw funds or maintain positions. BitMEX users who fail to...

Crypto exchange Bitstamp seeks to subpoena two U.S. banks in the payment lawsuit.

The crypto exchange giant Bitstamp is seeking to subpoena two U.S. banks as part of its legal battle against one of its payment processors. The crypto exchange filed an application with a New York court seeking to subpoena Citibank...

The outgoing SEC chairman Jay Clayton reveals what drove bitcoin’s rise.

The outgoing SEC Chairman Jay Clayton, who oversaw the rejection of nine Bitcoin ETFs during his tenure, in an interview with CNBC, said that "inefficiencies" in the current payments systems are continuing to drive the popularity of Bitcoin. Appearing...

Crypto exchange OKEx to resume withdrawals after weeks of waiting.

The cryptocurrency exchange giant OKEx is finally resuming withdrawals of customer assets after weeks of waiting. The crypto exchange first suspended withdrawals on October 15, a decision that subsequently rocked crypto markets. According to today's announcement, full customer withdrawals...

Are Bitcoin Startups starting to work from Coworking Spaces like BiggBang?

The crypto industry has witnessed massive growth in the last decade as the leading decentralized cryptocurrency bitcoin continues to gain mainstream adoption. Crypto startups are not emerging almost in every country around the world. Bitcoin startups are more inclined...

BitConnect alleged promoter charged in Australia.

The Australian Securities & Investments Commission (ASIC) announced that the alleged BitConnect promoter John Bigatton has been charged with operating an unregistered managed investment scheme. He was also charged for providing unlicensed financial services and making false or misleading...

Payza payment frim founders sentenced in a $250 million money laundering case.

Two Canadian brothers will serve prison sentences for running an unregistered money service business. Authorities said the two founded Payza, a payments processor that reportedly processed over $250 million in payments, some of it allegedly being for criminals. Firhoz...

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The IRS is considering different approaches to tax cryptocurrency.

The US Internal Revenue Service has been considering different approaches to digital currency taxation, a top government official has...
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