US Labels China a Currency Manipulator as Bitcoin Holds Steady Above $11,500
TL;DR The US Treasury officially designated China as a currency manipulator during the week of August 5, 2019 China allowed […]
Regulations
Cryptocurrency regulation, policy changes, and legal developments
IRS Sends 10,000 Warning Letters to Crypto Holders in Unprecedented Tax Enforcement Push
TL;DR The IRS sent warning letters to approximately 10,000 cryptocurrency holders starting in late July 2019 Three letter types —
Elliptic Releases World’s Largest Labeled Bitcoin Transaction Dataset to Combat Money Laundering With AI
In a landmark move for cryptocurrency compliance and forensic research, blockchain analytics firm Elliptic released the world’s largest publicly available
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
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