77 / 255 Relevant items tagged with #cryptocurrency

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Treasury and IRS Announce Digital Asset Tax Reporting Regulations

[Jun 30, 2024 1:21 PM] The U.S. Department of the Treasury and the IRS have released final regulations for tax reporting on digital asset sales, as part of the Biden-Harris administration’s implementation of the Infrastructure Investment and Jobs Act. Additionally, the…

Zambia Working on Establishing an AI Framework, Says Minister

[Jun 30, 2024 1:39 AM] Zambia has reportedly initiated a process to establish an artificial intelligence framework and is collaborating with the Tony Blair Institute to formulate an artificial intelligence strategy. Sarah Luyele Njamu said Zambia can leverage AI for…

Crypto Exchange Binance Takes Action Against Account Misuse

[Jun 29, 2024 6:22 PM] Cryptocurrency exchange Binance has announced measures to address the misuse of account features on its platform, aimed at preventing unfair advantages such as better fee rates. Enhanced monitoring, investigations, and user reporting channels are…

Court Dismisses SEC Claim on Secondary Sales of BNB

[Jun 29, 2024 4:14 PM] The U.S. District Court for the District of Columbia has dismissed several claims in the U.S. Securities and Exchange Commission (SEC)’s case against Binance and its affiliates. This includes allegations related to secondary BNB sales and…

FTC Warns: Social Media Investment Scams on the Rise

[Jun 29, 2024 2:16 AM] The U.S. Federal Trade Commission (FTC) has warned consumers about a surge in social media investment scams, especially in cryptocurrency. These scams involve fraudulent messages claiming guaranteed high returns with little or no risk. The FTC…

Yield App Suspends Operations Ahead of Liquidation

[Jun 28, 2024 6:45 PM] Yield App, a platform for earning interest, buying, and swapping cryptocurrencies, announced on social media platform X Friday the suspension of all activities in preparation for liquidation proceedings. The Seychelles-based company halted…

21shares Files to Launch Solana ETF With SEC

[Jun 28, 2024 3:55 PM] 21shares has filed a registration statement for a solana exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The ETF will trade on the Cboe BZX Exchange and will utilize Coinbase Custody Trust Company for secure…