Michigan Lawmakers Propose Crypto-Friendly Legislation Michigan is taking a significant step into the world of digital assets with a series of proposed bills aimed at integrating cryptocurrencies into the state’s financial landscape. These initiatives cover everything from allowing crypto investments in retirement funds to establishing a Bitcoin mining program using abandoned oil and gas sites….
Navigating the Tariff Maze: Semiconductor Exemptions and Their Limited Impact on AI and Crypto The U.S. government’s attempt to shield the semiconductor industry from tariffs has been met with skepticism, as the exemptions appear to offer little practical relief. According to an opinion piece by Ahmad Shadid of O.xyz, the complexities of global supply chains…
Pakistan Establishes Digital Asset Authority to Oversee Crypto Pakistan is taking a significant step towards regulating its blockchain and cryptocurrency sector. The Ministry of Finance has reportedly approved the creation of the Pakistan Digital Assets Authority (PDAA), a dedicated body designed to oversee and regulate the burgeoning digital asset landscape in the country. This move…
Australian Regulator Seeks High Court Appeal in Block Earner Case The Australian Securities and Investment Commission (ASIC) is escalating its legal battle with fintech firm Block Earner, seeking permission from the High Court to appeal a previous ruling. The core issue revolves around clarifying the definition of a “financial product” under Australian law, particularly in…
Navigating the world of cryptocurrency can be exciting, but it also comes with its own set of challenges, especially when it comes to accounting. Keeping track of your crypto gains and losses is crucial for accurate tax reporting and maintaining a clear picture of your financial health. This is particularly important for crypto investors and…
