FTX’s official creditor committee said the current plan would add costs and delays to what’s already on track to be a historically expensive bankruptcy.
Officials reportedly speculated an indictment against Binance in the U.S. could cause a run on the exchange similar to what happened with crypto exchange FTX in November 2022.
A crypto bill signed into law in 2022 paved the way for the Ukrainian government to amend its tax code, but local exchanges still largely operate outside this framework.
As Singapore does not allow dual nationality, 3AC co-founder Kyle Davies said he chose to renounce his U.S. citizenship after getting married and receiving permanent residency.
Terraform Labs claimed that the failures of its algorithmic stablecoin and governance token were the result of an attack from short-sellers, potentially involving Alameda Research.
Reams of dockets from FTX have been filed alongside a proposed reorganization plan that could see it resurrected as an offshore exchange.
Trading volumes on the Ukrainian crypto exchange Kuna have shrunk 90% since March 2023 due to government policies, the CEO said.
The agency insists that the platform doesn’t have a license to work in the country and that its operation is illegal.
A proposed U.S. national defense bill could subject stablecoins issuers to Know Your Customer and Anti-Money Laundering requirements they would be unable to comply with, says Berenberg analyst Mark Palmer.
The United States tax collector will require taxpayers to count staking rewards as gross income at the time they gain “dominion" over the tokens.