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irs

U.S. Overturns IRS Crypto Tax Rule

In a rare bipartisan move, the U.S. Senate voted 70–28 to overturn a controversial IRS rule that would have dramatically expanded crypto tax reporting requirements. The resolution, already passed by the House, now awaits final approval by…
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exchange

Russian Garantex Crypto Exchange Dismantled in Global Crackdown

In a sweeping international operation led by the U.S. Treasury and law enforcement agencies in Germany and Finland, the Russian-based crypto exchange Garantex has been dismantled, and its operators charged with sanctions violations and money…
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virtual asset

Hong Kong Expands Virtual Asset Trading

In a bold push to position itself as Asia’s leading digital asset hub, Hong Kong’s Securities and Futures Commission (SFC) has unveiled new licensing regimes for over-the-counter (OTC) crypto trading platforms and custody services. The move…
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