U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., on Dec. 14, 2022.Liu Jie | Xinhua News Agency | Getty ImagesFederal Reserve Chairman Jerome Powell on Tuesday stressed the need for the central bank to be free of political influence while…

Argentina’s finance ministry is set to launch a draft bill that would essentially force citizens to declare their crypto holdings – or risk paying hefty tax penalties.Per Errepar, the bill has been spearheaded by Sergio Massa, the Minister for the Economy. The draft law aims…

Crypto companies that keep their faith in the sector, and that are able to harness the value of traditional risk management and compliance, will survive the crypto winter, one leading financial services lawyer has argued.Writing in an opinion piece for The Hill, Thomas P. Vartanian,…

The crypto winter is apparently not over yet. Coinbase announced Tuesday that it was laying off 950 people, about 20% of its staff. The job cuts come only a few months after another major round of layoffs. The crypto brokerage firm let 1,100 people go…

Scott Olson | Getty ImagesIf you’ve never had family or friends hit you up for money, that is likely to change if you were to win the $1.1 billion Mega Millions jackpot.The grand prize has been climbing through twice-weekly drawings since mid-October, with no ticket…

Some financial experts with a specialty in bubbles believe crypto is either one of the biggest bubbles in history or a smart Ponzi scheme not seen before. 2022 can be considered one of the worst years for the crypto ecosystem as a number of high-profile DeFi…