US IRS: Staking Tokens Must Be Taxed
The IRS has declared that it considers tokens earned from crypto staking to be taxable and has rejected a lawsuit filed by investor Joshua Jarrett in Tennessee.
Russia Bans Crypto Mining Till 2031
The Russian government has made a significant decision regarding cryptocurrency mining, announcing that it will be banned in 10 regions until 2031.
MicroStrategy Buys Another 5,000 Bitcoins
MicroStrategy yesterday announced that it had purchased an additional 5,262 Bitcoins for approximately $561 million.
Google Updates Policy and Requires Crypto Ads to Register with FCA
Google has announced updates to its advertising policy for cryptocurrencies, tightening requirements for advertisers who want to promote crypto products and services in the UK.
Metaplanet Purchases Another 620 Bitcoins
Japanese investment firm Metaplanet has made its largest Bitcoin purchase yet, acquiring nearly 620 BTC as the cryptocurrency’s price has dropped below $100,000.
Jump Trading Reaches Agreement with SEC to Pay $123 Million Fine
Algorithmic stablecoin TerraUSD suddenly depegged from its $1 value in May 2021, causing concern among investors.
Crypto Markets See $1 Billion in Leveraged Liquidations
The crypto market saw a surge of $1 billion in leveraged liquidations as Bitcoin plummeted below $96,000 on Thursday.
