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Snowden: US Seizing My Book Revenue is ‘Good for Bitcoin’
18.9.2019
Former U.S. National Security Agency (NSA) subcontractor Edward Snowden is being sued by the Department of Justice (DoJ) for his latest memoir. The agency won’t stop Metropolitan Books from publishing Snowden’s new book but the government will take the revenue he earns from the memoir...
European Space Agency Awards €60K for Blockchain Satellite Wallet
18.9.2019
SpaceChain seals €60,000 from the European Space Agency to commercially develop its satellite-powered, multi-sig blockchain wallet
European Space Agency Backs Blockchain Satellite Project
18.9.2019
Blockchain startup SpaceChain won a 60K euro grant from the European Space Agency to investigate use-cases for their satellite-based wallet system
Canada Revenue Agency Audits QuadrigaCX’s Corporate Tax Returns
17.9.2019
The now-defunct Canadian crypto exchange QuadrigaCX is being audited by the Canada Revenue Agency
Fed Chair Says Agency Monitoring Crypto But Not Developing Its Own
7.9.2019
Federal Reserve Chairman Jerome Powell argued that central banks will not likely release their own digital currency in the near term
FSA Records a Sharp Fall in the Cryptocurrencies Enquiries Volume
3.9.2019
The journey of cryptocurrencies, since Bitcoin’s inception in 2009 till today when over 4,000 altcoins are trading in the market, has seen its share of ups and downs. Where a surge in the rates of cryptocurrencies makes it shine as a potential asset, plummeting rates of the same often makes it...
‘Not an Audit’: IRS Notice Could Spell Trouble for Crypto Traders
26.8.2019
The IRS took to Twitter on August, 26, posting a video about recently mailed CP2000 notices, of special interest to crypto traders. The notice, which seeks to rectify discrepancies made by recipients in tax reporting, is another in a series of crypto-related letters recently sent by the agency....
IRS Revoking Passports Shows How Government Erodes Everything We Hold Dear
17.8.2019
If you have outstanding tax debt, the IRS may now want to take your passport. For U.S. crypto holders still waiting on promised IRS guidelines for filing — especially those overseas who may have missed these warning memos — the over 400,000 agency notifications issued since February...
UK Pension and Welfare Agency Examining Blockchain and DLT
12.8.2019
The U.K.’s Department of Work and Pensions has identified blockchain and DLT as potentially beneficial technologies for payments infrastructures
Travel Agency Thomas Cook in Advanced Talks Over £150 Million Capital Injection
12.8.2019
Thomas Cook used to be one of the biggest travel companies in the world, but over the past few years, the company has fallen on hard times. Over the past few quarters, the travel company has struggled with capital issues, and that had completely pummelled the stock as well. However, it seems that...
Bitpoint, Japanese Crypto Exchange, Re-opens for Trade Services after $28 million hack in mid of July
6.8.2019
Bitpoint, Japanese crypto exchange is re-opening a portion of its exchanging services following 28 million dollar hack in mid-July. Furthermore, Bitpoint is re-opening its withdrawals and cash deposits in Fiat on the sixth of August after a security evaluation of the exchange’s digital...
The CFTC Fintech Chief Who Oversaw Early Blockchain Trials Is Leaving
2.8.2019
The director of the CFTC's experimental fintech initiative will step down in mid-August to pursue work in the private sector
US Regulator Plans to Outsource Running Cryptocurrency Nodes
2.8.2019
A recently published document reveals that the U.S. Securities and Exchange Commission (SEC) has plans to hire contractors to run specific cryptocurrency full nodes for the government agency. According to the SEC documentation, the regulator wants third-party contractors to run nodes for Bitcoin...
PR: CheapAir.com and Bitcoin.com Partner to Serve Bitcoin Cash Travelers
31.7.2019
Online travel agency CheapAir.com and Bitcoin.com today announced a partnership to serve crypto travelers. Beginning today, more than 4 million Bitcoin.com Wallet users will be able to access CheapAir.com’s booking engine from their mobile app. The partnership will help crypto travelers find...
Reddit Roasts the IRS: Have America’s Tax Collectors ‘Gone Crypto Fishing’?
30.7.2019
In a juicy little chunk of news from the Redditsphere, a user claiming to be a former IRS employee has called the agency’s new crypto compliance letters “broad and very error-prone fishing expeditions.” The throwaway account details the “really bad data” used by...
10,000 American Cryptocurrency Owners Will Receive Warning Letters From the IRS
27.7.2019
On July 26, the U.S. Internal Revenue Service (IRS) announced that the tax agency has started sending letters to American cryptocurrency owners advising them to pay their taxes. According to the organization, three types of letters will be sent to more than 10,000 taxpayers by the end of August....
FBI Interrogates Bitcoin Racket Mastermind Arrested by The CID in Surat, US Agency’s First Visit to India
25.7.2019
In a first, premier United States investigation agency, Federal Bureau of Investigation (FBI), landed in Surat to interrogate the Bitcoin racket mastermind Satish Kumbhani. The officers interrogated Kumbhani for the crimes committed in the US through his BitConnect, his fraud crypto company....
How They Will Attack Bitcoin: The Hypocritical Shock Campaign of US Monetary Policy
17.7.2019
On July 16, U.S. Department of the Treasury Secretary Steven Mnuchin gave a short press briefing discussing cryptocurrencies and the pressing need for regulation. A 28-minute slodge of alphabet agency soup, studded with calculated mentions of “terrorism” nearly every minute, casual...
JP Morgan Chase Ship Busted: Cocaine, Banks and the Failed Drug War
11.7.2019
A ship seized by the U.S. Customs and Border Protection Agency in June carrying over 15,000 kilos of cocaine has now been tied to JP Morgan Chase’s asset management unit. Officially the company does not exercise any operational control of the vessel, but some serious questions are raised when...
Node40 Executive Explains What to Expect When the IRS Issues Its New Crypto Policy
27.6.2019
Last May, the U.S. Internal Revenue Service (IRS) revealed it would be issuing new tax guidance and rules about the tax treatment of digital assets and forks. IRS Commissioner Charles Rettig told congressional leaders that the agency has made it a priority to issue crypto-related tax guidance. This...