Month: August 2022

Crypto Traders Must Watch Out For Unexpected Tax Bills

Even after a crypto market fall driving several investors into the red, tax experts have warned that certain crypto traders may be liable for thousands of dollars in unexpected tax bills as a result of the failure of major stablecoin Terra. After reaching record highs in November, when the market capitalization of the sector exceeded …

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SEC Probes Coinbase Over Crypto Trading

According to reports, the Securities and Exchange Commission is looking into Coinbase Global Inc. to determine if it permitted the trading of unregistered securities. On Monday, Bloomberg News reported that since Coinbase raised the amount of digital tokens it allows for trading, regulatory monitoring has escalated. As per the article, the investigation was conducted before …

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