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IRS Releases Draft 1099-DA Form: Implications for Crypto Investors

IRS's draft 1099-DA form introduces complexities in crypto tax reporting, impacting investors and industry.

OKX Enhances US Compliance Team Amid Operational Challenges

OKX ramps up its US compliance division amidst operational hurdles and regulatory scrutiny, coinciding with a slight dip in OKB prices. Learn about the exchange's response to challenges.

Binance Launches UK Domain to Comply with New Financial Promotions Regime

Binance cryptocurrency exchange unveils a dedicated domain for UK users, aligning with the UK's updated Financial Promotions Regime. This move includes a partnership with an FCA-regulated firm, ensuring compliance and improved communication in the crypto market. Binance, a leading cryptocurrency exchange, has taken a significant...

PayPal to Launch PYUSD on DeFi Platforms in the Future

PayPal stablecoin PYUSD, is set to become available on decentralized finance (DeFi) platforms at a later date, according to one of the company's insiders. In an interview on the Unchained Podcast, Jose Fernandez da Ponte, PayPal's senior VP of blockchain, crypto, and digital currencies,...