Decentral Block Post

The 26% capital gains tax will be imposed on cryptocurrency trading profits larger than 2000 euros ($2,062.3).

"The customer property at LedgerX — the CFTC regulated entity — has remained exactly where it should be, segregated and secure," said Rostin Behnam in a hearing on FTX's failures.

Join us as we discuss the current state of the crypto market and whether there could actually be a silver lining to capitulation. Hosting the show will be Ray Salmond, head of markets at Cointelegraph, and our special guest this week is Magdalena Gronowska.

Mazars’ U.S. division was the longtime accounting firm for former United States President Donald Trump’s company.

CFTC has faced a lot of scrutiny in the wake of FTX collapse due to its ties with the crypto exchange and SBF’s efforts to put the committee as the key oversight body for crypto.

Two other associates that helped run the U.S.-based fraudulent crypto platform EmpiresX left the country early this year and are believed to be in Brazil.

LBRY Inc noted that while the company is on its last legs, the underlying protocol and blockchain behind the content platform will carry on.

Speaking the FIA meeting in Singapore, Christy Goldsmith Romero compared the typical crypto investor, who may be of modest means, with the investors the CFTC is used to.

The Massachusetts senator, an outspoken skeptic of crypto, applauded the efforts of FDIC acting chair Martin Gruenberg to separate digital assets from banking.

In its latest hearing on FTX, the committee looked to financial officials to assess the impact of FTX’s collapse in Europe and suggest a way forward.

The committee chair cited crypto exchange FTX’s “alarming fraud”, liquidity crunch, and bankruptcy as an example of financial risk Treasury and regulators should address.

Despite writing down its $275 million investment in FTX, Temasek still apparently holds its investments in many other crypto-related businesses.

Forecasts predict cryptocurrency criminals laundering more than $10 billion through cross-chain bridges by 2025, leading to calls for holistic screening solutions.

Binance has managed to expand its services throughout the past year by either acquiring an operating license or buying a stake in a regulated entity.

Arrest warrants were sought for Terraform Labs co-founder Daniel Shin, three investors and four engineers responsible for TerraUSD (UST) and LUNA initiatives.

The law was approved by the Chamber of Deputies of Brazil but still requires the approval of the executive branch to be enacted.

The Texas Securities Board has asked the judge to consider leveling a cease-and-desist order, administrative fines, and forced refunds against SBF and FTX US.

A clear principles-based regulatory approach to the digital assets sector could be a huge benefit to the Australian economy according to the report.

Binance, Coinbase, Bitfinex, Gemini, Kraken and KuCoin were targets of one senator's probe into protections the firms had in place if a failure similar to FTX's occurred again.