Controversial Crypto Accounting Bulletin SAB 121 Rescinded by SEC
The U.S. Securities and Exchange Commission (SEC) has withdrawn Staff Accounting Bulletin (SAB) 121, a contentious directive that required financial firms to include customers' crypto...
MicroStrategy Faces Potential Massive Tax on Unrealized $19B Bitcoin Gains
MicroStrategy, the largest corporate Bitcoin holder, may face federal income taxes on $19.3 billion in unrealized Bitcoin gains under the 2022 Inflation Reduction Act. The...
John McAfee’s Widow Launches Memecoin Amid Controversy
Janice McAfee, widow of late tech mogul John McAfee, has launched a new memecoin in his honor, stirring mixed reactions within the crypto community. Announced...
Trump Declares War on CBDCs, Launches National Crypto Task Force
President Donald Trump signed an executive order on January 23, marking his administration’s first major policy action on cryptocurrency. Announced alongside his “AI and crypto...
