IRS issues crypto relief, XRP market update, the Bitcoin quantum computing debate, and more in this Week in Review. Week in Review The IRS announced temporary tax relief for crypto holders on centralized exchanges in 2025. XRP broke key resistance, trading around $ 2.36–$ 2.40, with bullish momentum suggesting a potential target of …
The IRS will allow crypto holders on centralized exchanges to bypass strict tax regulations in 2025, preserving flexibility in reporting and tracking digital asset sales. IRS Announces Temporary Relief for Some Crypto Holders The Internal Revenue Service (IRS) has issued a temporary relief measure, which is expected to benefit cryptocurrency holders using centralized finance (cefi) […]
Metaplanet doubles down on bitcoin with Japanese investment firm issuing new bond series to purchase more bitcoin. Bitcoin is Metaplanet’s Favorite Asset Metaplanet, a Japanese investment firm has announced the issuance of new ordinary bonds worth $ 30 million (¥4.5 billion) with a specific goal to accelerate the company’s acquisition of bitcoin. This is …
The CNV, the current VASP regulatory institution in Argentina, has signed a collaboration agreement with the Digital Asset National Commission (CNAD) of El Salvador to exchange information, supervise, and regulate cryptocurrency exchange operations. Argentina to Lean on El Salvador’s Experience in the Digital Asset Regulation Field President Javier Milei’s administration seems adamant about establishing clear […]
Japan’s financial regulator, the FSA, has cracked down on five unregistered cryptocurrency exchanges targeting Japanese residents. Users of 5 Exchanges May Lack Asset Protection The Financial Services Agency (FSA), Japan’s financial regulator, announced Nov. 29 that it has issued warning letters to five cryptocurrency exchanges it accuses of operating without registration. The five crypto exchanges […]