Regulations


Policy

India's Supreme Court Turns Away Petition Asking Government to Frame Crypto Guidelines

"Though the petition is under Article 32 of the Constitution, it is evident that the real purpose is to seek bail in proceedings which are pending against the petitioner," the order said.

The Taj Mahal in Agra, India (Sylwia Bartyzel/Unsplash)

Policy

'Mutant Ape Planet' NFT Developer Pleaded Guilty in $3M Fraud

French developer Aurelien Michel pleaded guilty in U.S. federal court and agreed to pay $1.4M, according to prosecutors.

One of the developers behind the "Mutant Ape Planet" rug pull has pleaded guilty to fraud. (Jesse Hamilton/CoinDesk modified by Photomosh.com)

Policy

Delaware, We Need to Talk

If I had a nickel for every time someone made a fake crypto-related Delaware filing, I'd have two nickels.

(Jim Steinfeldt/Michael Ochs Archives/Getty Images)

Policy

Australia Updates Its Capital Gains Tax Guidance to Include Wrapped Tokens and DeFi

Last year, the Australian Taxation Office (ATO) warned cryptocurrency investors that capital gains and losses must be reported every time a digital asset is sold.

Australia's government is taking a deliberate approach toward creating crypto laws. (Unsplash)

Policy

Crypto.com Wins Digital Asset License in Dubai

Crypto.com completed its licensing process in Singapore in June.

Crypto.com has registered as a crypto provider with the central bank in the Netherlands (crypto.com)

Policy

Crypto Tax Proposal Open for Revision, IRS Officials' Questions Suggest

Federal officials heard Monday from the industry on the mayhem the U.S. crypto tax proposal could cause, but the most valuable revelations may have been what they asked about.

Marisa Coppel, senior counsel at the Blockchain Association, advised Internal Revenue Service officials to narrow their crypto tax proposal. (Courtesy of the Blockchain Association)

Finance

FTX Sues Bybit to Claw Back $953M in 'Misappropriated Funds'

The FTX estate says the funds were "preferentially" or "fraudulently" transferred to Bybit and affiliates in the lead up to its November 2022, bankruptcy filing.

(QuinceCreative/Pixabay)

Policy

IRS 'Raided' by Crypto Investors as Industry Puts Up Fight Against U.S. Tax Proposal

The proposal to establish a U.S. tax regime for digital assets has drawn a stunning 120,000 comments and will be the focus of an IRS hearing today.

The U.S. is weighing crypto tax rules, and a hearing today will hear from industry representatives worried about the government going too far. (Jesse Hamilton/CoinDesk.)

Finance

Bitget's Hong Kong Unit Halts Operations, Won't Apply for Crypto License

BitgetX HK, which launched in April, is withdrawing from Hong Kong and will shut operations on Dec. 13.

Hong Kong harbor skyline view into Kowloon

Finance

Genesis, Three Arrows Capital Reach Agreement on $1B of Claims

The bankrupt crypto lender is seeking court approval to settle the claims with a $33 million payment to the defunct hedge fund, 3AC.

Genesis (Spencer Wing/Pixabay)