A South Korean blockchain industry organization has proposed a self-regulatory framework to set standards for the cryptocurrency exchange industry.
Japanese Official: No Plans For Central Bank Cryptocurrency
The Bank of Japan said it has no plan to issue a central bank digital currency due to concerns over financial stability.
Japanese Official: No Plans For Central Bank Cryptocurrency
The Bank of Japan said it has no plan to issue a central bank digital currency due to concerns over financial stability.
Why the IRS Should Treat Crypto as a New Asset Class
Tax pros in the cryptocurrency space are applying a hodgepodge of rules that historically have been applied to stocks, bonds and various other assets.
CFTC Chairman: I Am Not a Cryptocurrency Evangelist
A flood of misplaced Twitter love has pushed the #FUDBuster to set the record straight.
Malta Proposes Test to Define When ICOs Are Securities
Malta is moving closer to introducing a test that would clearly define when assets derived from initial coin offerings are securities.
Many ICOs May Be Frauds, Says Hong Kong Securities Watchdog
The deputy head of Hong Kong’s Securities and Futures Commission has taken a skeptical tone in statements on initial coin offerings.
Shot Taiwanese Bitcoin Miner Blames Trading Crackdown in China
Toughened bitcoin trading rules in mainland China may have led to a Taiwanese bitcoin miner being shot by gangland investors, a report suggests.
A Bitcoin Rally After Tax Day? Don’t Bet the Farm
There are several reasons to discount the contribution of tax-related selling to the Q1 bear market – and thus the chances of a post-April 17 rebound.
Credit Karma: Almost No One Is Reporting Crypto Tax Gains
Tax firm Credit Karma reported that less than 1 in 250 users reported cryptocurrency gains or losses on their tax forms.
Morocco Extradites Alleged ‘Bitcoin Store’ Fraudster to U.S.
Moroccan authorities have extradited a British national to the U.S. on fraud charges for running the “Bitcoin Store” exchange under false pretenses.
Bitcoin Thief Could Be Caned for $300K Robbery in Singapore
Two bitcoin brokers in Singapore were assaulted and robbed by nearly $300,000 in cash while meeting with a prospect bitcoin seller offline.
Kenya’s Central Bank Chief Warns Again On Crypto Risks
Central Bank of Kenya (CBK) is now in line with other banks in blacklisting digital currencies and warns customers and banks dealing with it.
Bermuda Wants Crypto Regulation to Fuel ‘Phenomenal’ Business Growth
The Bermuda Monetary Authority has published a consultation paper that is seeking public feedback on a proposed regulation on cryptocurrencies.
Another Washington County Puts Freeze on Bitcoin Mining
Public utility officials in yet another county in the U.S. state of Washington have placed a moratorium on new crypto mining operations Wednesday.
CabbageTech CEO Concedes in CFTC Crypto Fraud Suit
CabbageTech CEO Patrick McDonnell has ceased his fight with the CFTC, potentially affirming the regulator’s power to oversee cryptos as commodities.
NY Regulator Argues BitLicense Regulation Boosted Businesses
Maria Vullo highlighted the state’s early involvement in cryptocurrency. But many think New York’s BitLicense desperately needs an overhaul.
Police Abruptly Halt Chinese Blockchain Conference
A blockchain-themed conference in Shanghai was suspended by police on Thursday for so-far unclear reasons.
BitFlyer Exchange Toughens User Verification Amid Watchdog Scrutiny
Japanese cryptocurrency exchange BitFlyer says it will revise its know-your-customer procedures after criticism from a financial regulator.
Lawsuit Alleges JPMorgan Chase Overcharged Crypto Buyers
An Idaho resident has sued the bank on behalf of “hundreds or thousands” of affected cryptocurrency investors.