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US Army Seeks a Cloud-Based Solution to Track Illicit Crypto Activities

14.7.2020
The U.S. Army Criminal Investigation Division Command plans to use a web application to track and trace cryptocurrency transitions

Gate.io, Huobi Enter Booming Crypto Options Scene

14.7.2020
The two exchanges are moving into the crypto options scene, which continues to grow as volumes on spot and futures markets spiral

Iran Licenses 14 Bitcoin Mining Farms, Cuts Electricity Tariff up to 47% for Miners

14.7.2020
Iran has reportedly issued permits for 14 bitcoin mining farms and will cut up to 47% off of the electricity tariff in order to support authorized cryptocurrency mining centers. Crypto miners will soon have to register with the government. Iran Licenses More Crypto Mining Farms The Islamic Republic...

BitGo Releases Crypto Wallet Compliance Tool for FATF's Travel Rule

14.7.2020
Major digital asset firm BitGo announces API support for the Financial Action Task Force’s travel rule

Binance Rolling Out Crypto Card for EU, UK Markets

14.7.2020
Users in Europe will be able to apply for the Binance Card from August, those in U.K. will be able to do so shortly afterwards

Binance’s Swipe-Powered Crypto Debit Card Debuts in Europe

14.7.2020
Binance Card, a highly anticipated crypto debit card by Binance, will support four cryptocurrencies at launch

US Regulators Take Joint Action Against Crypto Firms’ Swaps Offering

14.7.2020
Two related cryptocurrency firms have fallen foul of U.S. financial regulators for entering into illegal off-exchange swaps in digital assets and foreign currency

Competition to Cut Fee Premium on 'Safer' Crypto Exchanges Too

14.7.2020
Despite some crypto exchanges still increasing their trading fees, the future may bring about a highly anticipated reduction in fees as competition heats up in the industry, crypto research firm Arcane Research said in a new report. Even though bitcoin itself can be considered “a homogenous...

Even the IRS Admits Some Crypto Tax Regulations Are ‘Not Ideal’

14.7.2020
Have questions about filing your crypto taxes? CoinDesk dives into what we know (and what we don’t) about how the IRS is approaching the asset class

IRS Violated ‘Taxpayer Bill of Rights’ With 2019 Crypto Letters: Watchdog

14.7.2020
Nearly a year after the IRS sent intimidating letters to crypto holders, the agency’s watchdog says the campaign violated its Taxpayer Bill of Rights

Hodlers Can Donate Crypto to Charity to Minimize Tax Payments

14.7.2020
Donating crypto means it won’t be taxed, say The Giving Block and TAXbit, which published a guide to facilitate such donations

Crypto Taxes: Still Confused After All These Years

14.7.2020
Many tax professionals claim the recent guidance didn’t provide much clarity and created more confusion than it dispelled

Third Crypto Co-Founder Behind $25 Million ICO Scam to Plead Guilty

14.7.2020
Sohrab Sharma would be the 2nd co-founder behind the Centra Tech ICO scam to face prison following the conviction of Robert Farkas in June

Crypto Exchange Coincheck Supports Trading for BAT Tokens

14.7.2020
Coincheck joins Japan-based exchanges GMO Coin and BitFlyer in supporting trading for Brave’s Basic Attention Token starting on July 21

Chainlink Token Price Surges, Briefly Breaks Into the Top Ten by Market Cap

14.7.2020
The price of Link, the native token of the Chainlink network, soared in 48 hours gaining some 40% in that period. This rally saw the token briefly breaking into the crypto market capitalization top ten. At the time of writing, the token LINK had a market capitalization of nearly $2.6 billion easily...

Crypto Listing and Delisting Announcements: Week 28

14.7.2020
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know...

Abra Crypto App Charged by SEC for Transactions Affecting Thousands of US Stock and ETF Purchases

13.7.2020
Abra cryptocurrency app has been charged by two U.S. regulators: the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The company has agreed to cease-and-desist orders as well as fines. The SEC says Abra’s employees “effected thousands...