The Japanese National Tax Agency (NTA) reveals an increase in crypto tax violations, with 548 cases identified out of 615 inquiries in the fiscal year 2022. Although the average undeclared income per case dropped to $206,000, the cumulative value rose to $126.5 million, prompting calls for tax system reforms in Japan amid criticisms of the current structure's impact on firms holding coins.
JixuKraken faces SEC charges over regulatory breaches and fund mismanagement, intensifying the clash between crypto platforms and regulatory oversight.
Hui XinThe inaugural STO, led by Grinnodot, the parent company of Sunnyfounder, introduces the loosely translated "Sunshine Green Benefit Debt STO."
DavinMetropolitan Commercial Bank fined $30 million by authorities for its involvement in the misuse of the digital prepaid visa card program.
Hui XinTax authorities penalized Bitmain on April 4 for not paying personal income taxes under China’s tax collection and administration law.
BitcoinistBitfinex will establish a new entity called Bitfinex Securities El Salvador, S.A. De C.V. — which will operate separately from Bitfinex Group's similar platforms outside the country.
CryptoSlateThe Texas State Securities Board has no jurisdiction over the former FTX CEO.
CryptoSlateThe beleaguered Gemini Earn program is now the linchpin in a new set of charges filed by the Securities and Exchange Commission against both Genesis and Gemini.
decryptThe Texas State Securities Board has been investigating FTX US since October.
OthersIn a new round of regulatory action against unregistered securities, NFT creators and marketplaces have been targeted by the US SEC for illegal activities.
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