News

The Czech Republic has enacted a law that exempts Bitcoin holdings held for more than three years from capital gains tax. This legislation received unanimous approval from the nation's parliament on December 6 and is scheduled to take effect on January 1, 2025.

Bitmain, a leading Bitcoin mining hardware manufacturer, has launched a new production facility in the United States. This strategic initiative aims to reduce delays caused by customs issues and address rising trade tensions between the United States and China.

A vulnerability in the WabiSabi protocol allows malicious coordinators to deanonymize users' coins and link inputs to outputs, compromising the privacy of coinjoin participants. Users are urged to update their instances immediately.

A Texas federal court preliminarily blocked the nationwide implementation of the Corporate Transparency Act, which mandates US business entities to report stakeholder information to the Treasury Department.

This week, the FBI, the U.S. Cybersecurity Infrastructure Security Agency (CISA), along with partner agencies from New Zealand, Australia, and Canada, began promoting the use of end-to-end encrypted (E2EE) communications.

Coinbase, the largest cryptocurrency exchange in the United States, has faced significant online backlash in recent days following an executive's social media statement advising all users against using the platform with VPNs, ad blockers, and related extensions.

The Customs and Border Protection Agency (CBP) holds Antminer ASIC imports at US ports, reports Blockspace Media.

Damian Williams, the United States Attorney for the Southern District of New York and the district's chief federal law enforcement officer, announced his resignation. He will step down from his position effective at 11:59 p.m. on December 13, 2024.

The Fifth Circuit Court of Appeals determined that the Office of Foreign Assets Control (OFAC) exceeded its authority by adding Tornado Cash to its Specially Designated Nationals and Blocked Persons (SDN) List.

Coin Center anticipates good policy in areas of securities and banking regulation, while "the outlook is less certain in the anti-money laundering, tax reporting, and sanctions areas."

Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission, has announced his intention to resign on January 20, 2025, according to a statement released on Thursday.

A dual Russian-Swedish national Roman Sterlingov was sentenced to 12 years and six months in prison and forced to "pay a forfeiture money judgment" of around $395.5 million for his alleged operation of the "longest-running bitcoin money laundering service on the darknet."