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Friday, April 18, 2025

Top Crypto News On October 20: Court approves Voyager assets sale to FTX, US to tax NFTs on par with... - Moneycontrol

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> Bankrupt crypto lending firm Voyager has sought creditors' approval for its $1.42 billion worth of sale to cryptocurrency exchange FTX, after securing initial approval from a court. As long as Voyager makes specific revisions stating that the firm remains open to larger and better proposals than the FTX bid, US bankruptcy judge Michael Wiles will accept Voyager's sale contract and creditor solicitation materials. If the plan falls apart, there's no part of this agreement that survives, according to the judge. Read full here
Big Story
NFTs to be treated as cryptocurrencies for taxation purposes: IRS
According to the Internal Revenue Service's 2022 tax year guidance, all digital assets, including stablecoins, non-fungible tokens (NFTs), and cryptocurrencies, would be subject to the same tax regulations in...



Read Full Story: https://www.moneycontrol.com/news/business/cryptocurrency/top-crypto-news-on-...

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