Eight US Lawmakers Challenge IRS Over Fork and Airdrop Tax Rules in Bipartisan Push
The Ruling On December 20, 2019, eight members of the United States House of Representatives sent a pointed letter to […]
Regulations
Cryptocurrency regulation, policy changes, and legal developments
QuadrigaCX Creditors Seek Court Order to Exhume Gerald Cotten Amid Suspicions Over $190 Million Crypto Disappearance
The Core Argument On December 16, 2019, a dramatic legal escalation unfolded in one of cryptocurrency’s most perplexing cases when
Chainalysis Reveals How PlusToken Ponzi Laundered $2 Billion Through Unregulated OTC Desks
The Core Argument On December 16, 2019, blockchain analytics firm Chainalysis released a landmark report exposing how the operators of
Nigeria Defies Its Own Central Bank as Bitcoin Adoption Surges Despite Official Crypto Warnings
The Legislative Move On December 8, 2019, the Chartered Institute of Bankers of Nigeria (CIBN) released a startling admission in
BRICS Nations Propose Unified Cryptocurrency to Challenge Dollar Dominance as Global Payment System
The Legislative Move In a development that sent ripples through the global financial community, the BRICS nations — Brazil, Russia,
IMF Calls for Coordinated Global Crypto Regulation as Jurisdictional Fragmentation Deepens
The Ruling The International Monetary Fund published its Fintech Note 19/03 on the regulation of crypto assets in December 2019,
Ethereum Istanbul Hard Fork Demonstrates Decentralized Governance Maturity as Regulators Watch Closely
The Ruling On December 7, 2019, the Ethereum network successfully activated its Istanbul hard fork at block 9,069,000, completing the
State-by-State Crypto Regulation Diverges as Idaho and New York Chart Opposite Paths
The Core Argument December 3, 2019, illustrated the growing fragmentation of cryptocurrency regulation across the United States. On the same
SoFi Secures New York BitLicense: Fintech Giant Gains Crypto Trading Approval
The Core Argument On December 3, 2019, the New York State Department of Financial Services (NYDFS) approved SoFi Digital Assets,
Alibaba Partners With Lolli to Reward Customers in Bitcoin While Global Regulators Tighten Their Grip on Crypto
The Ruling In a striking juxtaposition of regulatory hostility and corporate adoption, November 23, 2019 found the cryptocurrency world navigating