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Latest from Nikhilesh De
Israeli Lawmakers Support Axing Crypto Capital Gains Tax for Foreigners
A bill exempting foreign residents from capital gains taxes on crypto sales, and lowering tax on stock-options-like crypto options for employees has passed a preliminary reading in the Knesset.

Court Orders Kraken to Turn Over History Transaction and Account Information to IRS
The IRS first filed a court petition in February.

Coinbase Will Be Surveillance Partner for Fidelity, Other Bitcoin ETFs, Refiled Applications Say
The SEC told Cboe it needed to name its partner earlier Friday.

The Crypto Industry’s New Favorite Punching Bag – Prometheum – Asks for a Chance
Its SEC-praising co-CEO insists he’s pro-crypto and just needs a little time to prove his company can trade digital assets, even if the token issuers would rather it didn’t.

Prime Trust Is Having a Bad Month
The crypto custodian has been ordered to halt operations while its regulator looks to take it over.

SEC Has No Jurisdiction Over Cryptos on Coinbase, Exchange Says in Lawsuit Response
Coinbase filed an answer to the SEC's lawsuit early Thursday, arguing the regulator violated its due process and is reaching beyond its jurisdiction.

UK Needs Bespoke Legal Framework for Using Crypto as Collateral: Law Commission
The Commission, funded by the Ministry of Justice, also pushed for legislation to treat crypto as a new type of property in its latest set of recommendations.

Nevada Files to Place Crypto Custodian Prime Trust Into Receivership
Nevada's Financial Institutions Division previously indicated that Prime Trust had a massive deficit on its books.

Judge Rejects FTX Founder Sam Bankman-Fried's Motions to Dismiss Criminal Charges
The judge had already denied some of the motions.

Federal Judge Permanently Bars MetaBirkins NFT Maker From Selling Birkin-Based Collectibles
The judge’s order comes several months after a jury found the NFT collection’s maker infringed on Hermes’ intellectual property.
