Cryptocurrency payment platform Alchemy Pay is scaling its payment options by integrating new on-ramps in Europe and the United Kingdom.

The unknown entity acquired 875 bitcoin on Wednesday alone, prompting online speculation over who the buyer might be.

The Treasury encouraged users to voluntarily disclose unpaid income or capital gains tax from crypto, NFT and utility token holdings.

Financial technology firm SoFi Technologies is set to exit the cryptocurrency business and has given its customers the option to migrate to UK-based Blockchain.com, the companies said on Wednesday.

Block CEO Jack Dorsey led a $6.2 million seed funding round for Mummolin's OCEAN — a decentralized Bitcoin mining pool project.

The U.S. government will cut off cryptocurrency companies from the broader U.S. economy if they fail to block and report illicit money flows, Deputy Treasury Secretary Wally Adeyemo warned the industry on Wednesday.

Spain introduces a new crypto tax regulation requiring residents to declare their cryptocurrency holdings on foreign platforms by March 2024.

The United States on Wednesday imposed sanctions on a virtual currency mixer the Treasury Department said has processed millions of dollars worth of cryptocurrency from major heists carried out by North Korea-linked hackers.

The Brazilian Senate has approved changes to the country’s income tax rules that would make income on crypto on international exchanges taxable at local rates.

Copper Securities is working with Abu Dhabi’s Financial Services Regulatory Authority to have all appropriate approvals in place by early 2024.

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