brokers

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US IRS Can Issue Summons to Bank Serving Crypto Broker SFOX Customers in Search of Tax Evaders
The John Doe summons will require M.Y. Safra Bank to provide information about SFOX customers who used the bank and may owe taxes on crypto transactions.
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US Lawmakers Challenge Infrastructure Bill's Definition of 'Broker'
The representatives propose following a definition which avoids placing "unworkable customer reporting obligations" on parties who do not, in fact, have customers, such as crypto miners and stakers.
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US Lawmakers Ask Janet Yellen to Define ‘Broker’ for Infrastructure Bill
A bipartisan group of senators say they’ll offer legislation if needed to clarify the contentious provision.
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Sen. Lummis Mounts Last-Ditch Effort to Modify Crypto Broker Language
With Biden’s signature imminent, the Wyoming senator is trying once more to narrow the bill’s “broker” scope.
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Online Broker TradeStation Going Public Via $1.43B SPAC Merger
The combination with Quantum FinTech is expected to close in the first half of 2022.
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Voyager Digital a Step Closer to Operating in EU After French Regulatory Approval
The crypto broker plans to launch its trading app in several European countries late in the first quarter of 2022.
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DBS Bank’s Brokerage Arm Receives License From Singapore Regulator Under Payment Services Act
The broker says the move enables it to provide its services in the island state through its DBS Digital Exchange.
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Australia-Listed Non-Bank Broker SelfWealth to Add Crypto to Its Platform
Cath Whitaker, CEO of the online broker, said the ability to buy crypto and stocks in one place will be an "Australian first."
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UK Broker IG Group Stops Retail Crypto Derivatives Trades After FCA Ban
The firm said it has now reached its internal product limit for exposure to cryptocurrencies after an FCA ban on crypto derivatives in January.
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Voyager Digital Revenue Rises Over 1,000% on Increased Crypto Adoption
Publicly traded digital-asset brokerage Voyager Digital registered four-digit growth in revenue in the last fiscal year.
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