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US Crypto Investors Incurred $5.7 Billion in Unrealized Losses Last Year

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The results of a survey published by Credit Karma estimate that crypto investors in the U.S. realized losses of approximately $1.7 billion during the previous tax season. Additionally, the report finds that U.S. investors incurred a further $5.7 billion in unrealized losses. Also Read: Plaintiff in AT&T SIM-Swapping Case Sues ‘Bitcoin Bandit’ for $81M US Cryptocurrency … Read more

FBI and Homeland Security Agents Raid Tech Campus Over Unauthorized Crypto Trading

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U.S. federal law enforcement authorities are among the most active criminal agencies globally against cryptocurrency infractions. A new example of this is that FBI and Homeland Security agents have reportedly raided a technology campus over unauthorized cryptocurrency trading. Also Read: Epic Founder Addresses Fortnite Crypto Rumors, Robinhood Recruiting in London Unauthorized Crypto Trading According to … Read more

Analysis: Understanding the SEC’s Stance on Crypto

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Last year the U.S. Securities Exchange Commission took enforcement action against initial coin offerings and other crypto companies perpetrating fraud. Many believe 2019 will be the year when regulators clamp down on rogue cryptocurrency operators. Here we decode the overlapping and occasionally contradictory stance taken by U.S. regulators, and consider what the market can expect. … Read more

US Lawmakers File Bill to Exclude Cryptocurrencies From Securities Definition

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Two U.S. congressmen have introduced a bill aimed at amending the country’s securities laws to exclude cryptocurrencies from the definition of a security. The bipartisan bill also seeks to adjust taxation and create tax exemptions for certain cryptocurrency transactions. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Bill Introduced U.S. Reps. Warren … Read more