U.S. IRS Releases Guidance on Crypto Airdrops and Hard Forks
The IRS has issued new guidance that attempts to clarify tax reporting for crypto hard forks and airdrops Go to Source Powered by WPeMatico
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As Deepfake Videos Spread, Blockchain Can Be Used to Stop Them
A deepfake is deemed to be a photoshop job on steroids. Blockchain’s inherent nature of being an aggregator of trust will be vital in putting trust back into the media Go to Source Powered by WPeMatico
SEC Enters Settlement Talks With Alleged Fraudulent Firm Veritaseum
The U.S. SEC has reportedly entered settlement talks with alleged fraudulent crypto firm Veritaseum Go to Source Powered by WPeMatico
UK’s Central Bank Establishes Provisions for Facebook’s Libra
The Bank of England has established provisions for Facebook’s Libra should it be issued in the country Go to Source Powered by WPeMatico
Diginex Becomes First Asian Firm to Join Steptoe-Led Blockchain Alliance
Hong Kong-based startup Diginex becomes the first firm in Asia to join the Blockchain Alliance led by Steptoe & Johnson law firm Go to Source Powered by WPeMatico
Crypto Donations to Politicians Are Unregulated in Japan: Report
Japanese politicians are barred from accepting cash and security donations but can receive crypto assets, says internal affairs minister Sanae Takaichi Go to Source Powered by WPeMatico
Economic Turmoil in Hong Kong Escalates as Colonial-Era Law Is Imposed
Colonial-era law has been imposed in Hong Kong causing the economic situation to degrade further, with empty ATMs and bank runs becoming a new norm. Protestors and non-protestors alike fear the martial law-like ERO (Emergency Regulations Ordinance) could eventually grind the city’s financial activity to an unprecedented halt. Also Read: Protesters Wield Tools of Freedom … Read more
UK Financial Regulator’s Crypto Investigations Surge 74% in 2019: Report
The number of the U.K. Financial Conduct Authority’s investigations into crypto businesses surges 74%: from 50 cases in 2018 to 87 already in 2019 Go to Source Powered by WPeMatico
Crypto Outpaces Political Donation Laws in Japan
A major Japanese news publication has reported that crypto donations to individual politicians are legal and do not need to be reported publicly as donations. Japan’s Ministry of Internal Affairs and Communications verified that even though it is illegal to donate cash or securities directly to a politician or political campaign, crypto donations still fly … Read more
Hong Kong’s SFC Releases Regulations for Crypto Fund Managers
Hong Kong’s Securities and Futures Commission has released guidelines for virtual asset portfolio managers Go to Source Powered by WPeMatico