Monday, August 19, 2019
In Tatarstan, a republic of the Russian Federation, the prosecutor’s office has “warned businessman against violation of the law in connection with installation of terminals for the exchange of cryptocurrencies.” The cryptocurrency ATMs in question had been installed in Kazan, the republic’s capital. Also Read: Exchanges Suspend USDT Transactions...
The Japanese Financial Services Agency has approved four more cryptocurrency exchanges to legally operate in Japan. This is the second round of approvals by the agency; the first was for 11 exchanges in September. Also read: ‘No Regulation Needed’ – Moscow Stock Exchange Plans to Trade Bitcoin Futures More Crypto Exchanges Approved...
Bitcoin mania has taken over the business world. Companies from India to Long Island are rushing to add bit, coin, crypto or blockchain to their names. As that is the case it would not be a big surprise if some have also stretched the definition of what they do...
It’s said that nothing in this world is certain, except death and taxes. And at least for the latter we can be sure that the powers-that-be are not going to let this change without a fight. The latest country now known to be looking at taxing bitcoin trading is...
The U.S. Texas government is increasing its regulatory scrutiny over activities related to cryptocurrency.According to a press release issued Jan. 26, the Texas Department of Banking said its cease-and-desist order issued to cryptocurrency banking platform AriseBank has taken effect, barring its services in the state.The department's banking commissioner Charles​ ​G.​...
The United States Internal Revenue Service (IRS) recently published a document reminding taxpayers that income derived from virtual currency transactions must be reported on income tax returns. The IRS states that taxpayers who fail to report virtual currency earning may be audited or made liable for “penalties and interest.” Also...
Cryptocurrency miners from 15 countries have confirmed that they will be showing Russian parliamentarians how cryptocurrencies are mined and discussing their countries’ specific approaches to mining regulation. After the meeting, the Russian government plans to draw up recommendations and proposals for crypto legislation, which will be submitted on December...
Three European regulators with oversight over securities, banking and pensions issued a combined warning today to EU residents considering investing in cryptocurrencies.Citing the crypto markets' volatility, lack of regulation and the potential for severe losses, the European Securities and Markets Authority (ESMA), the European Banking Authority (EBA) and the...
The research arm of Bitmex exchange is back with another detailed and wide-ranging investigation. This time it’s Tether, the company and its U.S. dollar-backed token that frequently comes in for scrutiny. A typically well-researched post outlines whether there’s precedent for U.S. regulators shutting down the service, and explores allegations...
Bradley Tusk is the founder and CEO of Tusk Ventures, which works with a variety of startups in regulated industries and has holdings in Coinbase and Ripple.Everyone saw this coming. TheNew York Times reports that both the Russian and Venezuelan governments are trying to evade U.S. sanctions by creating...