cftc cracks down on binance
Cryptocurrency

CFTC Targets Binance in Major Crypto Crackdown

The Commodity Futures Trading Commission’s (CFTC) recent enforcement actions against Binance have drawn attention to the regulatory scrutiny of digital asset exchanges. Binance, as a significant player in the cryptocurrency market, is facing regulatory challenges that signal a broader focus on compliance within the industry. The intensified efforts by the CFTC to address unregistered cryptocurrency […]

Yellow Card and PayPal
Cryptocurrency

Yellow Card, PayPal Unite for Crypto Inclusion

The collaboration between Yellow Card and PayPal stands as a pivotal step in advancing crypto adoption and financial inclusivity. Yellow Card has introduced PayPal USD (PYUSD), a stablecoin backed by Paxos Trust Company, facilitating seamless buying, selling, and transferring of PYUSD for African customers without the need for a PayPal account. This partnership aims to […]

Navigating the Complexity of Crypto Taxes
Cryptocurrency

Navigating the Complexity of Crypto Taxes

Cryptocurrency has become an increasingly important part of our financial landscape. As digital currencies like Bitcoin, Ethereum, and numerous altcoins continue to captivate investors and traders, the need for reliable and efficient crypto tax software becomes more pronounced.Taxing cryptocurrency is a complex task. It’s not as simple as declaring income or capital gains from stocks […]

FTX's Crypto Holdings May Cause Further Market Turbulence
Cryptocurrency

FTX’s Crypto Holdings May Cause Further Market Turbulence

A U.S. bankruptcy court will decide on Wednesday whether collapsed crypto exchange FTX can sell off its sizable cryptocurrency reserves. This move could spark additional volatility in an already battered crypto market. FTX currently holds over $3.4 billion in various cryptocurrencies. According to recent court filings, FTX’s top crypto asset holdings include: $1.2 billion¬†in Solana […]