reduce

Security Laws Are Not Ready For The Digital Era4

Binance.US seeks to reduce CZ’s majority stake

0xMain
May 12, 2023

Binance.US, CZs, Hacking, majority, reduce, seeks, stake

Binance.US and Changpeng Zhao (CZ) are looking to reduce the latter’s majority stake and influence over the crypto exchange, due to increasing scrutiny from U.S. regulators in recent months. Curbing unnecessary regulatory scrutiny In a bid to tackle the unfavorable regulatory scrutiny being...

Ex-Coinbase insider trader seeks to reduce jail term

0xMain
April 27, 2023

ExCoinbase, Hacking, insider, jail, reduce, seeks, term, Trader

An ex-Coinbase employee who pleaded guilty to two counts of insider trading now seeks a shortened sentence of at most 10 months. The former employee, Ishan Wahi, worked as a product manager for Coinbase Exchange. Based on a court filing, Wahi now seeks...

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Biden Budget Plan proposes taxes to reduce crypto wash trades

0xMain
March 9, 2023

Biden, budget, Crypto, Hacking, plan, proposes, reduce, taxes, trades, wash

U.S. President Joe Biden’s proposed budget will be released on March 9, including a stipulation for tax loss loopholes on crypto transactions. The budget blueprint will include a provision to reduce wash sales. Currently, crypto investors can trade any cryptocurrency at a loss,...