Arizona’s Bid to Accept Crypto for Taxes Suffers Setback Arizona’s crypto tax bill no longer enables the Department of Revenue to collect taxes in cryptocurrency, but rather directs it to conduct a study. … Read More
CFTC Officials Want Close Cooperation With SEC on Crypto Rules Two members of the U.S. commodities regulator spoke at a conference. One stressed enforcement, the other working with the industry.… Read More
Square Books Small Profit for First Quarter of Bitcoin Sales Square made $34.1 million in Q1 revenue through bitcoin sales, according to an SEC filing. … Read More
China National Radio Questions Legality of OKEx Bitcoin Futures Trading China National Radio, a high-level mouthpiece of the government, has claimed OKEx illegally offered bitcoin futures and OTC trading.… Read More
Coinbase Discloses Corporate Data In Response to NY Crypto Inquiry Coinbase’s chief legal and risk officer “applauds” the Attorney General’s inquiry into cryptocurrency exchanges’ practices. … Read More
Judge Rules Against Alibaba in Crypto Trademark Case A U.S. district judge ruled against Alibaba in its trademark lawsuit against crypto startup Alibabacoin. … Read More
US Lawmakers to Hear Case for Blockchain Supply Chain Lawmakers in the U.S. Congress are set to hold a hearing on blockchain tech next week. … Read More
Australia’s Securities Watchdog Moves to Halt ‘Deceptive’ ICOs Yet another global regulator is speaking out about its attempts to fight fraud in the ICO market. This time, it’s Australia taking the lead.… Read More
FTC to Host Consumer Protection Workshop on Cryptocurrency Scams The Federal Trade Commission (FTC) is planning to host a workshop on cryptocurrency scams and fraud in June.… Read More
Binance, Bermuda Ink $15 Million Crypto Investment Agreement Bermuda has signed a Memorandum of Understanding with Binance to develop a global compliance center in the British Overseas Territory.… Read More