US & Canada

Regulation

Major Investors Met with SEC to Discuss Crypto Exemption

VC firms Andreessen Horowitz and Union Square Ventures reportedly met with the SEC in March to request that tokens be exempted from SEC oversight.

Policy & regulation  ·  19 April 2018
Exchanges

Kraken CEO: Crypto Exchange Won’t Answer New York AG’s Inquiry

An exchange that left New York in 2015 has been contacted by the state's Attorney General. They're not happy about it.

Policy & regulation  ·  18 April 2018
Court

Craig Wright Moves to Dismiss ‘Shakedown’ Bitcoin Lawsuit

The man who claimed to be bitcoin's founder won't stand for this "attempted shakedown" in U.S. federal court.

Policy & regulation  ·  18 April 2018
Regulation

Riot Blockchain Has Been Subpoenaed By the SEC

Riot Blockchain has received a subpoena from the U.S. Securities and Exchange Commission.

Policy & regulation  ·  18 April 2018
Exchanges

What Crypto Exchanges Are Saying About New York’s New Inquiry

Some of the cryptocurrency exchanges named today in the New York Attorney General's "inquiry" into the ecosystem say they welcome the move.

Policy & regulation  ·  17 April 2018
IRS

Prosecutors: Options Seller Duped Investors With ‘Worthless’ Crypto

A New York resident has been indicted on fraud charges for tricking residents into investing in worthless binary options and a proprietary token.

Policy & regulation  ·  17 April 2018
IRS

Crypto Hedge Funds Face Tough Choices on Tax Day

Like elsewhere in crypto taxation, the rules for funds are far from straightforward, and discrepancies may lead to non-intuitive outcomes.

Policy & regulation  ·  17 April 2018
Regulation

CFTC Chairman: I Am Not a Cryptocurrency Evangelist

A flood of misplaced Twitter love has pushed the #FUDBuster to set the record straight.

Policy & regulation  ·  16 April 2018
IRS

A Hobbyist Crypto Trader’s Life in Tax Hell

The spreadsheet got more and more complicated, until one day it took two minutes to load.

Policy & regulation  ·  15 April 2018
Bitcoin

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.

Policy & regulation  ·  13 April 2018
Regulation

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.

Policy & regulation  ·  12 April 2018
Regulation

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.

Policy & regulation  ·  12 April 2018
Fees

Lawsuit Alleges JPMorgan Chase Overcharged Crypto Buyers

An Idaho resident has sued the bank on behalf of "hundreds or thousands" of affected cryptocurrency investors.

Policy & regulation  ·  11 April 2018
IRS

Making the Most of Crypto Mining Tax Breaks

From depreciation of rig equipment to a second reporting and tax requirement after mined coins are sold, tax rules for miners can get complicated.

Policy & regulation  ·  9 April 2018
Exchanges

Ontario Regulator ‘Gathering Information’ on Crypto Trading Platforms

The province's securities regulator is gathering information after receiving numerous complaints.

Policy & regulation  ·  9 April 2018