Here’s a list of the 12 individuals who had the most impact — for better or worse — on the crypto industry this past year. From an outside perspective, 2022 has been a rollercoaster ride for crypto. The market reached a total valuation of $3 trillion during the bull market of 2021, only to scale...Continue Reading
Aggressive interest rate hikes have wrought havoc on global markets. As a consequence, more countries may embrace Bitcoin in the year ahead. The chaos we’ve experienced in global markets this year — global geopolitical upheaval magnified by the confluence of broken supply chains, inflation and heavy national debt loads — seems to signal the beginning...Continue Reading
The former CEO of AAX, Liang Haoming, and the founder of AAX, Thor Chan, were arrested on Dec. 23. Hong Kong police arrested two executives of the crypto exchange AAX accused of fraud and misleading the police, according to local media reports. Weigao Capital CEO Liang Haoming and former AAX CEO Thor Chan were arrested...Continue Reading
Congress passed a law in November 2021 that required the new crypto rules to be issued. A key set of crypto tax reporting rules is being delayed until further notice under a decision made by the United States Treasury Department. The rules were supposed to be effective in the 2023 tax filing year, in accordance...Continue Reading
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