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Global Crypto Owners Predicted to Surpass 1 Billion This Year

Global Crypto Owners Predicted to Surpass 1 Billion This YearThe number of global crypto owners is expected to exceed one billion by the end of the year, according to a report by Crypto.com. “Nations can no longer afford to ignore the growing push to crypto by the public. We may in many cases expect a friendlier stance towards the crypto industry,” the company said. […]

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US Court Authorizes IRS to Summon Cryptocurrency User Records From Circle and Poloniex

US Court Authorizes IRS to Summon Cryptocurrency User Records From Circle and PoloniexThe Internal Revenue Service (IRS) has obtained authorization from a federal court to seek information on cryptocurrency users from Circle and Poloniex exchange platforms. The tax authority wants records identifying crypto users who conducted $20,000 or more in crypto transactions during the years 2016 to 2020 as well as other documents relating to their crypto […]

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