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Crypto Market Highlights September 23, 2022
Crypto Market Highlights News Of The Day
Coinbase Is Authorized To Provide Services In The Netherlands
Coinbase exchange is registered and licensed to provide cryptocurrency services by the Central Bank of the Netherlands. This is a potential market but many exchanges are difficult to conquer. For more specific information, you can read the article below:
US IRS May Send Summonses To Bank That Serves Customers Of The Crypto Broker SFOX In An Effort To Find Tax Evaders
A New York judge ruled on Thursday that the Internal Revenue Service (IRS) can issue a “John Doe” summons to a bank that offered services to clients of cryptocurrency prime broker SFOX. The decision will enable the tax authority to carry out its continuing investigation in search of potential tax evaders. For more specific information, you can read the article below:
The United Kingdom Efforts To Eliminate Illegal Cryptocurrencies
The United Kingdom announced legislation Thursday to make it simpler for law enforcement authorities to confiscate, freeze, and reclaim crypto assets used in illicit activities like money laundering, drug trafficking, and cybercrime. For more specific information, you can read the article below:
CFTC Receives Criticism For Legal Imposition With Ooki DAO
The Commodity Futures Trading Commission (CFTC) sparked strong criticism from the community after it filed a federal civil enforcement action against members of the Ooki DAO decentralized autonomous organization over digital asset trading violations. This action is legally imposed on decentralized organizations and has been compared to the action taken by the SEC. For more specific information, you can read the article below:
Singapore’s DBS Expands Crypto Trading For Potential Clients
The Development Bank of Singapore (Singapore’s DBS) has increased access to its members-only digital exchange’s crypto trading service. The bank noted in a statement released on Friday that its affluent clients were increasingly selecting self-directed investing paths, therefore the growth. For more specific information, you can read the article below:
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