American Bar to IRS: Create Safe Harbor for Hard-Forked Cryptos The American Bar Association Section of Taxation issued some advice to the IRS regarding the taxation of cryptocurrency produced by hard forks.… Read More
SEC Official Says ‘Dozens’ of Crypto Investigations Underway Stephanie Avakian, a co-director of the U.S. SEC’s Enforcement Division, said the agency is investigating “dozens” of ICO campaigns.… Read More
Puerto Rico Aims to Attract Blockchain Startups With New Council Puerto Rico’s government has created an advisory council aimed at spurring the development of blockchain businesses. … Read More
Thailand’s Cabinet Moves to Regulate and Tax Cryptocurrencies The Thai Cabinet has provisionally passed two royal decree drafts aimed at regulating cryptocurrencies, a report states.… Read More
Coinbase Releases Cryptocurrency Tax Calculator The U.S cryptocurrency exchange is easing the crypto tax procedure with a new automatic gain/loss calculator.… Read More
Regulators Could ‘Take Away’ Blockchain’s Efficiencies, Congressman Warns Rep. David Schweikert, co-chair of the Congressional Blockchain Caucus, talked about challenges facing mainstream adoption in a speech Thursday.… Read More
Illinois Has Been Quietly Considering Bitcoin for Tax Payments Three U.S. states – Illinois, Arizona and Georgia – are now actively considering bills to allow tax payments made in cryptocurrency. … Read More