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 Journa…… Read More
Pakistan Bars Banks from Crypto and ICO Trading A long-running cryptocurrency exchange in Pakistan is closing its door following a new advisory from the country’s central bank.… Read More
Arizona’s Crypto Tax Payments Bill Is Being Revamped Arizona’s crypto tax bill is still moving forward, despite seeming to have stalled in the Senate last month.… Read More
Crypto and Cannabis Investment Promoter Hit With Cease-and-Desist The Texas State Securities Board filed an emergency cease and desist against a cryptocurrency and weed investment platform on alleged fraud charges.… Read More
South Africans Instructed to Pay Tax on Bitcoin and Cryptocurrency Earnings South Africa has joined a growing list of countries that expect citizens to pay income tax on their cryptocurrency earnings.The South African Revenue Service (SARS) released a statement today, April 6, 2018, maki…… Read More
SEC Sues Public Company That Saw Crypto Stock Price Boost A publicly traded company that saw its stock price soar after announcing a crypto startup acquisition has been sued by the SEC.… Read More
UK Finance Watchdog Issues Warning on Crypto Derivatives The Financial Conduct Authority has warned that firms offering services around crypto derivatives and ICOs “likely” need to be authorized.… Read More
Most Cryptos Aren’t Commodities, Defendants Claim in CFTC Case Defendants from My Big Coin Pay, which is being sued by the CFTC for fraud, argue that the agency lacks jurisdiction over the case. … Read More
Is Every ICO a Fraud? ‘Absolutely Not’ Says SEC Chief U.S. SEC chairman Jay Clayton addressed ICOs and enforcement actions taken against them during a talk at Princeton University.… Read More
In a Blow to Bitcoin, India Bans Banks from Dealing in Cryptocurrencies In what amounts to a major clampdown down on bitcoin and other cryptocurrencies, the Reserve Bank of India (RBI) announced in a press release today, April 5, 2018, that it is banning banks and regulated financial…… Read More