Canceled by Corona: A Developing List of Finance Practices Halted due to Pandemic
A collection of government freezes and suspensions of usual crypto-relevant finance practices in response to Coronavirus Go to Source Powered by WPeMatico
Regulation
Auto Added by WPeMatico
Tax Expert: IRS Crypto Question ‘Unconstitutional,’ Card Points, Flyer Miles Could Be Virtual Currency
While its well-known that the revised Schedule 1 form for U.S. taxpayers now contains a question about cryptocurrencies, what is lesser discussed are the legal ramifications this may have for filers who answer incorrectly. The vague nature of the yes or no inquiry has one tax expert doubting the constitutionality of the question, urging all … Read more
Canada Tightens Crypto Regulations Alongside AML/CTF Overhaul
Canadian firms processing crypto transactions worth more than 1,000 Canadian dollars will have to record and report identifying information regarding their customers Go to Source Powered by WPeMatico
Crypto Investors Should Care About the IRS Delaying Tax Payments
Crypto traders may enjoy some respite from the market crash as tax payments have been deferred in the U.S. Go to Source Powered by WPeMatico
Hawaii Launches Digital Currency Sandbox to Attract Crypto Firms
Hawaii is introducing a two-year regulatory sandbox intended to foster innovation within the blockchain and crypto sectors Go to Source Powered by WPeMatico
Monetary Authority of Singapore Issues AML/CFT Guidelines
To clarify a notice issued to digital payment token service providers in December, the MAS released a set of AML/CFT guidelines Go to Source Powered by WPeMatico
Judge Rules Craig Wright Must Only Pay 20% of Kleiman’s Attorney Fees
A U.S. judge ruled that claimed lawyers’ fees of between $610 and $1,050 per hour were excessive, and rejected expenses for work not directly related to the court’s motions Go to Source Powered by WPeMatico
Indian Ministry Reveals Investigations Into Bitcoin Businesses
Indian parliamentarians have recently questioned the Minister of State for Finance and Corporate Affairs about the activities of crypto companies Go to Source Powered by WPeMatico
Indian Government Reveals Inspection of Bitcoin Businesses, Informs Parliament of Results
The government of India has informed Lok Sabha, the lower house of parliament, about the Ministry of Corporate Affairs’ inspection of cryptocurrency businesses. Minister of State for Finance and Corporate Affairs Anurag Singh Thakur provided details of two companies in particular. This follows the landmark ruling by the country’s supreme court which quashed the banking … Read more
Spanish Securities Watchdog Halts Short Selling Amid Coronavirus Caused Recession
Spain has banned short selling for a month, although extension for additional periods is still possible Go to Source Powered by WPeMatico
