Tag: Crypto
Crypto tax declarations startup Divly bags $400k
Divly, a FinTech helping simplify tax declarations for the crypto market, has raised $400,000 in a new fundraise.
Stelo Labs bags $6m from Andreessen Horwitz-backed funding round
Stelo Labs, a startup seeking to protect wallets from scams and phishing and securely navigate Web3, has raised $6m.
Digital pound could launch in the next decade, UK Treasury claims
A recent consultation by the UK Treasury has revealed that plans for a digital UK currency are being considered and could be realised within a decade.
What is the current state of crypto tax reporting?
Despite the rising usage of cryptocurrency, regulations are still quite bare and confusing. Principal to this is crypto tax reporting, which some countries are setting rules for, before even clarifying taxation laws.
Turbulent year for crypto as illicit activity reaches new high
Illicit activity in the crypto space reached an all-time high of $20.1bn in 2022, up from $18bn the previous year.
UK National Crime Agency establishes dedicated crypto cell
The UK National Crime Agency has revealed it is establishing a specialised crypto unit as part of its National Cyber Crime Unit.
Federal bank regulatory agencies issue statement on crypto
Federal bank regulatory agencies have issued a joint statement to highlight key risks for banking organisations associated with crypto-assets and the crypto-asset sector.
US regulators issue warning to banks on crypto exposure risks
Three US regulators have called on banks to be on their guard against crypto exposure risks in the wake of the FTX collapse.
How will the passage of MiCA change the cryptocurrency market?
Set to go into effect in 2024, the Markets in Crypto-Assets Regulation (MICA) is the first all-encompassing effort to tackle cryptoassets. How will its passage change the crypto space?
Why crypto KYC is of rising importance
As governments try to make cryptocurrencies secure and safe, there are waves of new regulations being implemented for digital assets.
