The Organization for Economic Co-operation and Development (OECD) has released its new tax reporting framework, the Crypto-Asset Reporting Framework (CARF), according to a press release Monday.
Crypto funds saw outflows totaling $5 million last week, fueled by sizable redemptions from “short” investment products, or those designed to profit from price declines, according to data from CoinShares.
A budget draft proposal submitted to parliament by Portugal’s Finance Minister Fernando Medina calls for taxing capital gains on cryptocurrency assets held by investors for less than a year.
Cryptocurrency exchange Crypto.com has made sizable efforts to downsize its workforce and brand partnerships during the bear market, reported Ad Age on Thursday.
Big Law attorneys are feeling free to buy cryptocurrencies—and some are doing so—as most firms lack policies that restrict investments in digital assets.
The U.S. government’s approach to crypto regulation will determine whether the industry evolves to flourish or flounders into obscurity.