UK Treasury seeks input on taxing DeFi staking and lending: Finance Redefined
The UK Treasury is seeking input on taxing the DeFi space, and on provisions around staking and lending.
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Tax law researchers propose IRS framework for deducting crypto losses
A recently published study appears to advocate for the isolation of crypto assets from other tax deductions, where losses are concerned.
Binance to reenter Japan via acquired regulated exchange SEBC
Although no official date is mentioned for the launch of Binance Japan, the notice stated that the exchange could start after June.
US House committees hear similar testimonies in simultaneous hearings on digital assets
A range of speakers addressed issues like agency turf wars and regulator fitness in hearings on regulatory gaps.
Robinhood launches fiat-to-crypto on-ramp for self-custody wallets and DApps
Robinhood Markets announced the launch of its new ‘Robinhood Connect’ service and numerous updates to its app.
Belgian crypto platform Bit4You suspends operations after CoinLoan halts activity
Bit4You suspended operations on April 26 amid CoinLoan insolvency investigation by Estonian regulators.
Binance Reportedly Removes Restrictions on Russian Users
The world’s largest crypto exchange, Binance, has lifted certain restrictions on Russian users, local crypto media unveiled. According to multiple reports, Russians can once again use their bank cards to…
Banks bullish on crypto: Standard Chartered’s Zodia raises $36M
After leading Zodia’s series A funding round, the Japanese financial conglomerate SBI Holdings became its second-largest shareholder.
NY investment bank says ‘crypto winter is over,’ bullish outlook for Coinbase
Analysts from NY investment bank H.C. Wainwright say that Coinbase is uniquely positioned to benefit from the upcoming crypto bull run.
Bahamas securities watchdog presents comprehensive new draft digital assets act
After the FTX scandal focused the international spotlight on it, the Securities Commission of The Bahamas completes its regulator overhaul.
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