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Anti-Corruption Group Proves Crypto’s True Power: You Can’t Confiscate Math
14.8.2019
Last week in Russia, state agents tore apart the offices of FBK, a privately funded anti-corruption foundation, freezing group assets and more than 100 bank accounts. Officials are using suspicion of money laundering as justification for targeting the largely bitcoin-funded group, possibly in a...
US Crypto Holders Only Have a Few Days to Reply to the IRS 6173 Letter
14.8.2019
Did you get letter 6173 from the IRS? You only have a few days to reply
RBI’s Power Over Crypto Challenged at Length in Indian Supreme Court Today
14.8.2019
The Indian supreme court resumed hearing the writ petitions against the banking restriction by the central bank, the Reserve Bank of India (RBI), on Wednesday. Many issues were discussed, ranging from the legality of the RBI action to the classification of crypto assets and how each country...
UK Advertising Watchdog Upholds Complaints Against BitMEX Bitcoin Promotion
14.8.2019
The U.K. Advertising Standards Authority has upheld complaints over a bitcoin ad placed by crypto derivatives exchange BitMEX
UK Advertising Watchdog Upholds Complaint Against BitMEX Bitcoin Ad
14.8.2019
The U.K.’s Advertising Standards Authority (ASA) has upheld a complaint against a Bitcoin advertisement from top crypto derivatives exchange BitMEX
Elon Musk Supports Yang – But Does Andrew Yang Really Support Bitcoin?
14.8.2019
There’s much talk about multi-billionaire innovator Elon Musk’s newly announced support for Democratic presidential candidate Andrew Yang. Yang, known as the Bitcoin-friendly choice for 2020, has a reputation for innovation with his unique stance on Universal Basic Income, emphatic...
EU Members Adopt Tougher Crypto Rules Than AML Directive Requires
13.8.2019
Europe is gradually tightening the rules for the crypto space. A wave of new regulations are introducing stricter requirements for companies operating in the industry and cryptocurrency users are going to feel the difference in the coming months. The measures stem from the obligation of member...
UK Crypto Regulation Is Changing, Recognition Looming at Long Last
13.8.2019
U.K. regulators are finally giving crypto the recognition it deserves
ICO Issuer PlexCorps Reaches Settlement With US Securities Regulator
13.8.2019
Lacroix and Paradis-Royer each agreed to pay $1 million apiece as a civil penalty. PlexCorps must disgorge $4.56 million in addition to some $350,000 in interest
New Zealand Tax Office Makes It Legal to Pay Salaries in Crypto
12.8.2019
New Zealand's Inland Revenue Department has made it legal to receive salaries in cryptocurrency, and be taxed accordingly
Coinbase UK Dropping Support for Cryptocurrency Zcash
12.8.2019
The U.K. arm of Coinbase appears to be dropping support for the privacy-focused cryptocurrency zcash
IRS Warnings to Bitcoin Traders Offer Clues to Coming Tax Guidance
12.8.2019
Though the IRS has yet to publish its promised crypto tax guidance, the warning letters recently sent to 10,000 traders hint at what to expect
New Zealand Rules Receiving Income in Bitcoin is Legal, Taxable
12.8.2019
New Zealand's tax authorities have ruled that income in cryptocurrencies is legal and provided guidance on how exactly it should be taxed
Crypto Regulations Are Changing Worldwide to Comply With FATF Standards
12.8.2019
Governments worldwide are changing the way they regulate crypto assets to comply with the global cryptocurrency standards set by the Financial Action Task Force (FATF). Some are amending existing laws, while others are creating a new system to cooperate and share data. Also read: China Publishes...
Trump’s Currency War With China Could Be Bitcoin’s Do-or-Die Moment
12.8.2019
Donald Trump is stoking the flames of a new currency war, creating a do-or-die moment for the cryptocurrency movement, writes Michael J. Casey
Derivatives Drama: The Unintended Consequences of Crypto Regulation
11.8.2019
Noelle Acheson points out that the LedgerX confusion highlights potential CFTC priorities regarding the regulation of crypto derivatives that could lead to the opposite of what the regulator intends
India Plans to Introduce Crypto Bill Next Parliament Session – A Look at Community Responses
10.8.2019
The Indian government has submitted a draft crypto bill to the supreme court and expressed its intention to introduce the bill in the next parliament session. The court subsequently set a new date to hear the case relating to crypto regulation. Meanwhile, the Indian crypto community has ramped...
15 Nations Plan Global Crypto Monitoring System Under FATF: Report
9.8.2019
Fifteen nations are said to be planning to set up a system to monitor crypto transactions alongside the Financial Action Task Force
Senior CFTC Official Who Set Bitcoin Futures Policy Is Leaving: Report
9.8.2019
Amir Zaidi, director of the CFTC's Division of Market Oversight, is to leave the regulator within weeks, according to Bloomberg Law
SBI Holding’s VC Trade Crypto Exchange Integrates New KYC and AML Tech
8.8.2019
Japanese VC Trade has adopted CoolBitX’s Sygna, a know-your customer and anti-money laundering compliance technology focused on digital currency transactions