U.S. Crypto Tax Proposal Lets Miners Off the Hook, Snares ‘Some’ Decentralized Exchanges
The IRS is finally proposing rules for crypto tax reporting, giving the industry its own 1099 form and declaring digital asset miners safe from the…
Tag: regulation
CoinDesk Editorial: It Sure Looks Like the U.S. Is Trying to Kill Crypto
The federal government’s recent actions against crypto are – rightly or wrongly – widely perceived as a coordinated attempt to maim digital assets. This risks…
After FTX: How Congress Is Gearing Up to Regulate Crypto
Sam Bankman-Fried was crypto’s number one influencer in Washington. Now the collapse of FTX is fueling a crackdown, says CoinDesk’s Jesse Hamilton. If familiarity breeds…
You Can Get Crypto Right and Still Play It Wrong
An irony of investing is that you can be correct about the future and still fail to profit from it Bitcoin has taken a beating.…
Market Wrap: Bitcoin Declines Into the Weekend, as Volatile Month Continues
The technical charts suggest further downside is likely as sellers react to extreme overbought conditions since March. Bitcoin traded lower on Friday as the price…
US House Passes Bill to Require Financial Regulators to Set Up Digital Assets Working Group
The Eliminate Barriers to Innovation Act of 2021 seeks to establish a digital asset working group with representatives from the SEC and CFTC. The U.S.…
Ripple CEO Talks About Crypto Regulations
During a recent interview at the (virtual) four-day DC Fintech Week 2020 conference (October 19-22, 2020), Brad Garlinghouse, the CEO of FinTech firm Ripple talked about Bitcoin,…
Watch the Senate Banking Committee’s Crypto Regulation Hearing Live
The U.S. Senate Committee on Banking, Housing and Urban Affairs is holding its hearing on regulatory frameworks for cryptocurrencies and blockchain today. The open session, titled…
The Week: Crypto ETP ‘HODL5’, Bitcoin Cash ‘HashWar’, SEC Charges ICOs
A bloody week indeed for cryptoassets, where the total market cap has lost more than 19% as of today. Starting on Wednesday, Bitcoin’s 16% intraday…
Thailand to Legitimize First ICO ‘Portal’ via New Regulation, Says SEC Head
Thailand’s securities regulator will clear “at least one” Initial Coin Offering (ICO) “portal” to operate legally in November, local daily news outlet Bangkok Post reported Nov. 8. Speaking…