Institutional crypto broker FPG halts withdrawals after $20M cyberattack
Floating Point Group informed customers that withdrawals had been halted after experiencing a security breach on Sunday evening.
Search by tag: #broker
Robinhood shares claimed by BlockFi and FTX may move to a neutral broker
Bankruptcy judge Michael Kaplan reportedly said that on Jan. 9, he will review if the shares should be transferred to a neutral broker.
U.S. delays crypto tax reporting rules, as it still can’t define what a 'broker' is
Congress passed a law in November 2021 that required the new crypto rules to be issued.
New York-based forex broker Oanda launches crypto trading services in the US
The broker’s partnership with Paxos will enable U.S.-based investors to spot-trade cryptocurrencies on Paxos’ itBit exchange through Oanda’s mobile platform.
Crypto Biz: Crypto broker goes bankrupt, Bitcoin miner capitulates and China VC funding soars
As the search for an elusive Bitcoin bottom continues, at least one United States miner was forced to liquidate a portion of its holdings in June.
US govt delays enforcement of crypto broker reporting requirements: Report
The reporting requirements, aimed at reducing the size of the tax gap, were scheduled to take effect in January 2023, with crypto firms sending reports to the IRS starting in 2024.
Six senators urge Treasury Secretary to clarify definition of broker in infrastructure law before 2022
According to the U.S. lawmakers, the infrastructure law contains an “overly-broad interpretation” of what a broker is and places the reporting burden on individuals who may not have the necessary information to comply.
President Biden signs infrastructure bill into law, mandating broker reporting requirements
Crypto was absent from every speaker's lips during the signing ceremony, with bipartisanship and jobs seeming to be the theme of the afternoon.
Powers On... Broker disintermediation and unregulated crypto exchanges cause major concerns
As interest in and use of blockchain accelerates this year, so do regulators’ fears, making them pay more attention to crypto exchanges.
Broker licensing for US blockchain developers threatens jobs and diversity
Lower socio-economic groups will be excluded from the blockchain industry if United States lawmakers approve the infrastructure bill.