The founder of defunct cryptocurrency exchange Cryptopia, which shut down following a hack in January 2019, has launched a new exchange called Assetylene.
In an open letter to Representative Tom Emmer, IRS Commissioner Charles Rettig promised to make clarity around cryptocurrencies for taxpayers a priority at his agency.
Congressional Representative Tom Emmer has announced plans to reintroduce a bill meant to “provide temporary safe harbor for the tax treatment of hard forks of convertible virtual currency in the absence of administrative guidance.”
Several major cryptocurrency traders, including representatives from Galaxy Digital Holdings and Cumberland DRW, reportedly met to discuss an industry-wide blacklist of suspicious actors to stem the tide of scams and theft in the space.
Chinese crypto exchange Binance suffered a major hack on Tuesday, which the company’s CEO responded to by proposing a rollback of the Bitcoin blockchain to rectify — a suggestion...