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US in Crypto Tax Balancing Act, ETH Miners Safe Until Nov. 2021 + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Crypto tax news The US Treasury Department has told attendees at the OECD-arranged 2020 Global Blockchain Policy Forum that it is still undecided...

US Financial Watchdog Fines Bitcoin Mixer Service for $60 Million


Larry Dean Harmon, founder and operator of early bitcoin mixing services Helix and Coin Ninja, is being fined $60 million by the U.S. Treasury’s Financial Crimes Enforcement Network (Fincen) for allegedly violating anti-money laundering rules. According to documents published Oct. 19...

OFAC Warns Americans Against Facilitating Ransomware Payments


The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) recently issued an advisory highlighting the sanctions risk American citizens face if they help facilitate ransomware payments. In the advisory, the OFAC says it will “continue to impose sanctions on those...

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