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Lithuania Rakes in 6.4 Million Euros From Selling Seized Cryptocurrencies
25.11.2020
Lithuania’s tax authority has sold the cryptocurrencies it previously seized for 6.4 million euros (approximately $7.6 million). The three cryptocurrencies confiscated were bitcoin, ether, and monero. This was the first time the tax authority sold seized cryptocurrencies. Lithuania Sold...
Blockchain Infrastructure Firm BSN Adds Polkadot, Oasis, Bityuan to Network
25.11.2020
China’s state-sanctioned blockchain infrastructure provider BSN is adding cross-chain protocol Polkadot, decentralized cloud data startup Oasis and China-based project Bityuan to its network
Libra Association Taps Saumya Bhavsar as General Counsel for Payments Subsidiary
25.11.2020
Bhavsar joins the Libra Association after 25 years in public and private sector banking regulation roles
Square Agrees to Buy Credit Karma’s Tax Preparation Service for $50M
25.11.2020
Cash App will make the DIY tax-prep software available for free to its 30 million monthly users
US Intelligence Chief Raises Concerns With SEC Over China’s Crypto Dominance: Report
25.11.2020
U.S. spy chief John Ratcliffe was reportedly seeking clearer regulation around digital currency
In India, a Clash of Digital Innovation and Internet Censorship
25.11.2020
Among democracies, the Indian government tends to shut down the internet most frequently. Can crypto thrive in this environment?
CFTC’s New Rules Cause Coinbase to Stop Offering Crypto Margin Trading
25.11.2020
Cryptocurrency exchange Coinbase is disabling its margin trading product in order to comply with the new rules set by the Commodity Futures Trading Commission (CFTC). CFTC’s Rules Affecting Margin Trading Offerings Coinbase’s chief legal officer, Paul Grewal, explained in a blog post...
South Korea May Delay Implementation of 20% Crypto Tax Till 2022
25.11.2020
The National Assembly is pushing for a delay to the tax proposal to allow exchanges more time to prepare
BIS Paper Says There’s Potential to Embed Regulation Into Stablecoin Systems
25.11.2020
The need to regulate global stablecoins like Libra doesn't mean authorities can't embrace innovation, according to according to a BIS working paper
Coinbase Will Suspend All Margin Trading Tomorrow, Citing CFTC Guidance
24.11.2020
Coinbase plans to suspend all margin trading contracts effective tomorrow, and will end the service entirely by next month
What would Commerce Secretary Andrew Yang mean for crypto?
24.11.2020
A CNN report suggests Yang may be on the short list for a position in Joe Biden's cabinet
BitMEX Founder’s Charges Highlight Risks for DeFi
24.11.2020
The case against BitMEX, an offshore crypto trading platform, has regulatory implications for the burgeoning DeFi market
In Her Own Words: Here’s What Janet Yellen Has Said About Bitcoin
24.11.2020
Janet Yellen wasn’t a fan of bitcoin when she ran the Fed. Her views as Treasury Secretary may shape crypto regulation over the next four years
Lithuania Makes Millions in First Sale of Seized Cryptocurrency
24.11.2020
The sale of bitcoin, ether and monero brought in €6.4 million, or $7.5 million
Crypto.com Takes Steps Toward Financial Licensure in Malta
24.11.2020
The Hong Kong-based crypto firm received preliminary approval from the Malta Financial Services Authority (MFSA) for two financial licenses
IRS Again Warns Crypto Investors They Under-Reported Gains
24.11.2020
For the second year in a row, the IRS is telling crypto investors they under-reported crypto gains. But there may false alarms again
Biden to Tap Former Fed Chair Janet Yellen as Treasury Secretary
23.11.2020
Former Fed Chair Janet Yellen will be tapped to run the Treasury Department, where she will oversee federal agencies that impact crypto
SEC Chairman Jay Clayton Explains US Crypto Regulation, Calls Bitcoin a Store of Value
23.11.2020
The chairman of the U.S. Securities and Exchange Commission (SEC) has explained how the U.S. government is regulating cryptocurrency. He calls bitcoin a store of value, noting that its rise is driven by the inefficiencies of the current payment system. How Bitcoin Is Regulated in the US...
Crypto users speak out on proposed change to FinCEN Travel Rule
23.11.2020
“This proposal, if adopted, would prove to be an invasion of privacy."
Privacy, Power, Fiscal Policy, the Poor: 4 Reasons to Worry About CBDCs
23.11.2020
As central banks everywhere gear up to launch digital currencies, it's time to consider the possible downsides