G20 calls for ‘swift’ creation of crypto tax reporting rules and info exchange

G20 leaders are moving rapidly toward a Crypto Asset Reporting Framework, according to a report from The Times of India on Sept. 9. That framework would see G20 member countries collect and share information about the use of cryptocurrency and digital assets. This data would be used to ensure that those who use cryptocurrency are […]

Whales Sell 43,000 ETH on Coinbase, While ‘Smart Money’ Bought ETH on Dip This Week

Heavy ETH transfers land on Coinbase exchange one after other

US Lawmaker Sponsors Bill to Restrict SEC’s Crypto Enforcement Funding

United States lawmaker and House Majority Whip Tom Emmer plans to sponsor a new bill imposing new restrictions on the Securities and Exchange Commission (SEC). The initiative follows the financial regulator’s efforts to bring the crypto industry into compliance. In a September 8 post on X (formerly Twitter), Emmer said the new bill would limit […]

Congressman pushes for limits on SEC crypto enforcement funds

GOP Congressman Tom Emmer disagrees with Gary Gensler’s approach to regulation. The SEC chair is ‘weaponizing taxpayer dollars,’ Emmer claims.

ARK Invest CEO Cathie Wood: ‘Convergence Between Bitcoin and AI Could Transform the Way Companies Organize’

Catherine Wood, Founder, CIO, and CEO at ARK Investment Management, LLC (aka “ARK” or “ARK Invest”), recently stated on micro-blogging platform X (formerly known as Twitter) that the integration of artificial intelligence (AI) and Bitcoin has the potential to dramatically alter the business landscape. Wood emphasized that this synergy could lead to significant cost reductions […]

Bitcoin support holds strong as whole coiners rise

According to Glasssnode, Bitcoin addresses holding at least 1 BTC reached a new all-time high at 1.09 million addresses.

G20 leaders support FSB recommendations on crypto regulation

The G2O intergovernmental forum, on Sept. 9, voiced its support for a slew of recommendations prepared by the FSB to regulate and oversee the global crypto industry.

Visa’s Head of Crypto on the Future of Blockchain Technology

In a recent blog post, Cuy Sheffield, the Head of Crypto at Visa, explored the transformative potential of blockchain technology. Drawing parallels between the early skepticism surrounding the internet and the current state of blockchain, Sheffield outlined what he sees as Visa’s ongoing initiatives and future plans in leveraging blockchain for global settlements, cross-border disbursements, […]

Young Software Engineer Loses $80,000 in Crypto: A Cautionary Tale on Margin Investing

Ethan Nguonly, a 22-year-old software engineer, reportedly began his investment journey at a young age with parental guidance. He has built a substantial financial portfolio, which includes nearly $135,000 in retirement and brokerage accounts, as well as two houses. However, Nguonly disclosed a significant financial mistake that led to an $80,000 loss in cryptocurrencies between […]

Beware of Fake News: BlackRock Not Buying Voyager Digital

Amidst the whirlwind of cryptocurrency rumors, separating fact from fiction is paramount in the case of BlackRock and Voyager Digital. Continue reading at DailyCoin.