Asian Capital Floods Into Bitcoin as Yuan Breaches Critical 7-Per-Dollar Level for First Time in a Decade
On August 5, 2019, Bitcoin staged a dramatic surge of approximately 10%, gaining roughly $1,100 in a single session as […]
Regulations
Cryptocurrency regulation, policy changes, and legal developments
Bitcoin.com Announces Crypto Exchange Launch as Grayscale Taps Coinbase Custody in Institutional Push
August 2, 2019, marked a day of significant infrastructure expansion in the cryptocurrency industry, with Bitcoin.com announcing plans to launch
CFTC’s Chief Innovation Officer Daniel Gorfine Departs as Crypto Regulation Enters Critical Phase
The U.S. Commodity Futures Trading Commission announced on August 2, 2019, that Daniel Gorfine, the agency’s first-ever Chief Innovation Officer
Global Regulators Close Ranks on Facebook Libra as Congressional Hearings Expose Deep Divisions
The Legislative Move The final week of July 2019 marks a watershed moment in the relationship between cryptocurrency and government
IRS Crypto Letter Campaign Triggers Global Tax Enforcement Reckoning as Governments Take Note
The Ruling On July 26, 2019, the United States Internal Revenue Service announced it had begun sending educational letters to
Lawmakers Grill Facebook Over Libra as Global Regulators Circle the Proposed Stablecoin
The Core Argument On July 19, 2019, the debate over Facebook’s proposed cryptocurrency Libra reached a fever pitch in Washington.
Bitfinex LEO Token Smart Contract Raises Questions About Exchange-Issued Asset Oversight
The Legislative Move On July 5, 2019, crypto research firm Cointelligence published a damning analysis of the Bitfinex LEO token’s
Wave Field Super Community Ponzi Exposes Regulatory Gaps in Crypto Naming Rights
The Legislative Move In early July 2019, the cryptocurrency world watched as a $30 million Ponzi scheme operating under the
US Congress Demands Facebook Halt Libra Cryptocurrency Development Citing Systemic Risk to Global Finance
The Ruling In an unprecedented move that sends shockwaves through the digital asset industry, the United States Congress has formally
The Legal Fault Lines of Facebook Libra and the FATF Travel Rule: Crypto Regulation at a Crossroads in June 2019
The Core Argument June 2019 may well be remembered as the month that forced cryptocurrency regulation out of the background