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IRS Tells Couple With $7 Million in Bitcoin to Liquidate Crypto Assets and Pay off Tax Debt
17.6.2020
The Internal Revenue Service (IRS) has won a case in which it demanded that a Maryland couple liquidate their bitcoin to pay-off a $1.1 million tax debt. Alexander and Laura Strashny proposed to the IRS to pay their 2017 tax liability, generated from non-crypto activities, in installments over...
Price Analysis 6/17: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, ADA, CRO
17.6.2020
Bitcoin price is struggling to overtake $9.6K even as Federal Reserve policy appears to be driving new investors into BTC
What Satoshi Understood: Nobody Knows You’re a Dog on Social Media, Feat. The Crypto Dog
17.6.2020
A conversation about pseudo-anonymity, global digital nomadism and the trader’s mindset
Akon’s Crypto City Moves Ahead Awarding $6B Construction Contract
17.6.2020
A US engineering firm awarded singer and entrepreneur Akon with a $6B contract to build a crypto city in Senegal
New Head of US Bank Regulator Talks Bringing Crypto to DC With Cointelegraph
17.6.2020
New acting head of U.S. bank regulator talks about innovation expands financial inclusion and the government’s role in building frameworks for crypto
US Drug Agency Failed to Properly Oversee Crypto Investigations: DOJ Report
17.6.2020
The U.S. Drug Enforcement Administration failed to adequately police its undercover agents’ handling of cryptocurrency, a Department of Justice Inspector General report found
US Tax Court Says You Should Sell Your Crypto Savings If You Owe IRS
17.6.2020
The US federal court sides with the IRS in a dispute involving crypto whales and unpaid taxes
South Korean Crypto Tax Reports, Canada's CBDC + More News
17.6.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Regulation news
South Korea’s deputy prime minister and finance ministry chief Hong Nam-ki has confirmed the reports about...
Expert: News of Chinese Banks' Crypto Crackdown Greatly Exaggerated
17.6.2020
Last Monday, Chinese media reported that police in Guangdong froze thousands of bank accounts belonging to over-the-counter traders
Crypto-Ransomware Attacks Are Spreading Like a Hacking Wildfire
17.6.2020
With ransomware attacks up 200% in the last two years, Cointelegraph looks at some of the methods bad actors are employing and how to avoid them
Spanish Crypto Users Report Banking ‘Freezes’ After Using Exchanges
17.6.2020
Banks in Spain are reportedly closing accounts they suspect belong to cryptocurrency traders, particularly users of the LocalBitcoins peer-to-peer exchange – and may have been doing so “since November last year.”
Per a report from media outlet Criptonoticias, an experienced crypto trader who asked...
This Week in Crypto: A Data Perspective (June 15-19)
17.6.2020
Powered by As coronavirus cases began to spike back in China and certain states in the United States, markets haveContinue Reading
The post This Week in Crypto: A Data Perspective (June 15-19) appeared first on CoinMarketCap Blog
In Fintech, Fiat and Crypto Worlds Are Converging
17.6.2020
Crypto firms and banks are partnering at scale, part of the broader democratization of payments systems around the world
CFTC Chairman: US Must Lead the World in Crypto With Less Restrictive Rules
17.6.2020
The chairman of the Commodity Futures Trading Commission (CFTC) has called on other regulators to establish a framework for sound crypto regulation. He believes that the U.S. must lead in the crypto field and “applying overly prescriptive rules could stunt the development of this important...
Polychain Capital, Square Crypto’s Steve Lee Invest in Bitcoin Broker’s $5.7M Seed Round
17.6.2020
Bitcoin broker River Financial has closed a $5.7 million seed round to secure additional U.S. money transmitter licenses
New COVID-19 Research Initiative Rewards Contributors With Crypto
17.6.2020
CPUcoin has announced a partnership with BOINC to provide crypto rewards for volunteers who share their unused computing power with researchers
Binance’s New UK Exchange to Provide Institutions with Regulated Access to Crypto
17.6.2020
Binance U.K will provide regulated crypto trading services for British and European institutional investors
Crypto Founder Sentenced to Seven Years in Prison for $25 Million Scam
17.6.2020
A federal court in Manhattan sentenced the founder of a $25 million ICO scam to 87 months and a fine of up to $250,000
Will India Ban Crypto? 5 Exchange Executives Shed Light on the Truth
17.6.2020
There has been some confusion over whether India will ban cryptocurrency, including bitcoin, following recent reports of a note being circulated by the government. News.Bitcoin.com interviewed executives of five cryptocurrency exchange platforms in India to find out the truth about the news. Indian...
Kraken Launches Crypto Exchange Service in Australia
17.6.2020
One of the top U.S. exchanges, Kraken is extending its operations down under for crypto trading in AUD