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Regulators

Crypto Mom: Big Brother Is Heading to Your Local Broker Courtesy of the SEC

The U.S. Securities and Exchange Commission will facilitate a massive government surveillance program to track trades. The consolidated audit trail…

October 13, 2019

Facebook’s David Marcus Cites ‘Intense Pressure’ As eBay, Visa, Mastercard, Stripe, PayPal Abandon Crypto Project

PayPal announced last week that it was leaving Facebook's cryptocurrency project Libra. Online marketplace eBay and payments giants Stripe, Visa…

October 12, 2019

Emergency Crypto Action: U.S Securities and Exchange Commission Files Restraining Order Against Telegram

Filing an emergency action, the U.S. Securities and Exchange Commission (SEC) has obtained temporary restraining orders against Telegram and its…

October 12, 2019

IRS Plans to Directly Ask About Crypto on 2019 Tax Form

Starting this year, the U.S. Internal Revenue Service plans to directly ask taxpayers if they have invested in cryptocurrency. The…

October 11, 2019

US Senators Send Ominous Letters Signaling Potential Liabilities Over Facebook’s Crypto Project Libra

Facebook's business partners may be putting themselves in the proverbial hot seat, according to letters issued by members of the…

October 10, 2019

SEC Rejects Bitwise Bitcoin ETF, Citing Concerns About Fraud and Manipulation

The United States Securities and Exchange Commission (SEC) has rejected the Bitcoin ETF (exchange-traded fund) proposal from Bitwise Asset Management…

October 9, 2019

IRS Drops New Tax Guidance for US Bitcoin and Crypto Traders

The U.S. Internal Revenue Service has just released new tax guidance for crypto traders and investors. The long-awaited document compiles…

October 9, 2019

Crypto Breakthrough: Liechtenstein Unanimously Passes Blockchain Act to Boost ‘New Era’ of Finance

Liechtenstein's Parliament has unanimously passed the Token and TT Service Provider (TVTG) Act, ushering in a new era of crypto…

October 8, 2019

US Banker Calls Digital Currency From US Federal Reserve Bank ‘Inevitable’

Philadelphia Federal Reserve Bank President Patrick Harker says it’s “inevitable” that the US Federal Reserve and other central banks will…

October 3, 2019

SEC Fines Creator of Crypto Asset EOS for Running Unregistered Token Sale

The U.S. Securities and Exchange Commission has fined Block.one, the issuer of EOS, $24 million for conducting an unregistered initial…

October 1, 2019