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 President Trump, who is expected to sign it into law. The rule, introduced as part of the 2021 […]
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 laundering. The exchange, which previously operated from Moscow and later moved its servers to other regions of Eastern Europe, […]
https://i0.wp.com/bldf.org/wp-content/uploads/2025/04/Untitled-design9.png?fit=950%2C550&ssl=1550950adminhttps://bldf.org/wp-content/uploads/2023/02/Blockchain-Legal-Defense-Fund_D00A_00A-300x119.jpgadmin2025-05-05 10:45:392025-04-22 15:49:57Russian Garantex Crypto Exchange Dismantled in Global Crackdown
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 signals a dramatic regulatory shift, one aimed at balancing investor protection with open-market innovation. The announcement includes the introduction […]
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 President Trump, who is expected to sign it into law. The rule, introduced as part of the 2021 […]
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 laundering. The exchange, which previously operated from Moscow and later moved its servers to other regions of Eastern Europe, […]
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 signals a dramatic regulatory shift, one aimed at balancing investor protection with open-market innovation. The announcement includes the introduction […]