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FTX Adjusts Crypto Liquidation Strategy In Response To US Trustee Concerns
Wednesday, September 13, 2023 - 11:48am | 520Beleaguered crypto exchange FTX (CRYPTO: FTT) has revised its plan to liquidate billions in cryptocurrency holdings. This move comes in response to apprehensions voiced by the U.S. Trustee, an arm of the Department of Justice. Despite the modifications, FTX will not be required to publicly announce...
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Bernstein Talks MicroStrategy Debt, Bitcoin Holdings While Berenberg Raises Price Target
Wednesday, July 12, 2023 - 11:56am | 488MicroStrategy (NASDAQ: MSTR) may sell its Bitcoin (CRYPTO: BTC) holdings in the event of severe price drops, particularly around the time its debt is due in mid-2025. That's according to a report from financial adviser Bernstein, cited by Coindesk. However, robust Bitcoin prices would...
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Say Goodbye To Hidden Crypto Wealth — UK Taxpayers Will Need To Disclose Holdings On Tax Forms
Wednesday, March 15, 2023 - 4:25pm | 265Taxpayers in the United Kingdom will be required to report their cryptocurrency holdings on their tax returns, according to a recent announcement made by Chancellor of the Exchequer Jeremy Hunt. This new requirement is expected to generate an additional 10 million British pounds ($12 million)...