Category: Regulation

22 May

CFTC Publishes New Advisory to Clarify Crypto Futures Trading

Source: Bitcoin Magazine CFTC Publishes New Advisory to Clarify Crypto Futures Trading The Commodity Futures Trading Commission (CFTC) — the United States’ top-ranking derivatives regulator — has published an advisory providing further guidance to both clearinghouses and exchanges seeking to list cryptocurrencies on their platforms. The cryptocurrency space has been riddled with concerns about the […]
26 Apr
23 Apr
20 Apr

“Venture Capital Working Group” Seeks Select Cryptocurrency “Safe Harbor”

Source: Bitcoin Magazine “Venture Capital Working Group” Seeks Select Cryptocurrency “Safe Harbor” Several venture capitalists (VCs) and entrepreneurs have been petitioning federal authorities to see certain virtual currencies in a “different light.” Right now, many cryptocurrencies are in danger of being classified as “securities,” which would place them under strict regulatory scrutiny. Working to change […]
18 Apr
17 Apr

New York Attorney General Launches Inquiry Into Cryptocurrency Exchanges

Source: Bitcoin Magazine New York Attorney General Launches Inquiry Into Cryptocurrency Exchanges As part of an effort to protect cryptocurrency investors and bring greater transparency into how cryptocurrency exchanges operate, New York Attorney General Eric Schneiderman has sent letters to 13 virtual currency exchanges requesting they disclose key information about their operations. “With cryptocurrency on […]
16 Apr

When the Taxman Comes Knocking, Will Americans Report Crypto Gains?

Source: Bitcoin Magazine When the Taxman Comes Knocking, Will Americans Report Crypto Gains? Cryptocurrency investors appear to be skirting their taxes. Whether keeping with crypto’s anti-establishment roots or for lack of ability, American cryptocurrency practitioners are testing the IRS’s tolerance for crypto tax evasion. Tax day in the United States is tomorrow, April 17, 2018, […]
12 Apr
9 Apr
6 Apr

Coinbase Takes Steps Toward Becoming an Alternative Trading System

Source: Bitcoin Magazine Coinbase Takes Steps Toward Becoming an Alternative Trading System Cryptocurrency trading firm Coinbase has entered into talks with the U.S. Securities and Exchange Commission about registering as a licensed broker-dealer firm and electronic trading venue, The Wall Street Journal reported on Friday, April 6, 2018. The move comes just as U.S. regulators […]
6 Apr
5 Apr
29 Mar

Two More Japanese Exchanges Shutter Their Businesses

Source: Bitcoin Magazine Two More Japanese Exchanges Shutter Their Businesses Two more Japanese cryptocurrency exchanges are closing their operations. This adds to three other exchanges in the country closing their doors after regulators stepped up oversight in the wake of the late-January hack of Tokyo-based Coincheck, where $530 million in NEM tokens vanished. According to […]
27 Mar
23 Mar
20 Mar
15 Mar

Congressional Hearings: We Must Distinguish Digital Commodities From ICOs

Source: Bitcoin Magazine Congressional Hearings: We Must Distinguish Digital Commodities From ICOs On March 14, 2018, the House Financial Committee held a hearing entitled “Examining the Cryptocurrencies and ICO Markets.” This was the first hearing in which members of the U.S. Congress, specifically a subcommittee on capital markets, securities and ICO markets, addressed cryptocurrencies and […]
14 Mar
13 Mar

New York Legislator Proposes BitLicense Alternative for Cryptocurrency Users

Source: Bitcoin Magazine New York Legislator Proposes BitLicense Alternative for Cryptocurrency Users New York State Assembly legislator Ron Kim (D-40) has unveiled a bill that intends to protect cryptocurrency investors and ease the bureaucratic burden on crypto-related businesses. It’s the first comprehensive cryptocurrency bill in New York to make it past studies and commissions and […]
12 Mar