CryptoRegulation

Alex Mashinsky, Former Celsius CEO, Set to Plead Guilty in Major Fraud Case

20 days ago

In a significant development in the cryptocurrency sector, Alex Mashinsky, the ex-CEO of the Celsius Network, is expected to plead guilty to charges of fraud in a federal court in the United States. The charges stem from allegations that he misled investors about the viability of his company, which once managed about $25 billion in assets before declaring bankruptcy in July 2022.

Australia's Podcast Revolution: Navigating Crypto Regulation Amidst the 2024 U.S. Election Landscape

2 months ago

In a compelling intersection of technology and politics, Australia has emerged as a key player in the dialogue surrounding cryptocurrency regulations. This has come to light amid the backdrop of the 2024 U.S. presidential election, where regulatory frameworks for digital assets are expected to reignite debates and spark policy debates among candidates.

Italy to Increase Capital Gains Tax on Bitcoin to 42%: A Major Shift in Cryptocurrency Regulation

2 months ago

In a significant policy change, Italy has announced plans to increase its capital gains tax on cryptocurrency transactions, specifically targeting Bitcoin. The tax rate will escalate from the existing 26% to a striking 42%, effective from 2024. This move is part of Italy's broader effort to tighten its grip on digital assets following a surge in investments and trading activities driven by the cryptocurrency boom.

SEC Appeals $125 Million Judgment in Ripple Labs XRP Lawsuit, Setting Stage for Legal Showdown

3 months ago

The United States Securities and Exchange Commission has filed an appeal of a major legal ruling in favor of Ripple Labs, further escalating an ongoing, closely watched legal battle between the two sides. On October 2, 2024, the SEC finally filed an appeal against the $125 million judgment issued earlier in favor of Ripple Labs, adding another chapter to the high-profile dispute over the classification and regulation of the XRP cryptocurrency.