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IRS Sends Warning Letters to Prevent Crypto Owners from Evading Tax

IRS Sends Warning Letters to Prevent Crypto Owners from Evading Tax

The Internal Revenue Service began sending warning letters out to cryptocurrency owners in the United States, announcing that taxpayers should be paying back taxes they owe or to file amended tax returns in regards to their cryptocurrency holdings.

Blockchain Firms To Benefit From SEC's Upward Review of Fundraising Limits For SMEs

Blockchain Firms To Benefit From SEC's Upward Review of Fundraising Limits For SMEs

The Securities and Exchange Commission has amended its maximum fundraising limit for Small and Medium Enterprises a move that will benefit smaller blockchain firms.

Ten Malaysians Arrested for Unlawful Bitcoin Investment Event

Ten Malaysians Arrested for Unlawful Bitcoin Investment Event

Ten Malaysians have been arrested in Chiang Mai, Thailand, and charged with illegally running a business that encourages Chinese nationals to invest in Bitcoin without a valid license.

CFTC FinTech Research Wing Welcomes Innovators to Discuss with Regulators With its New Office Hours

CFTC FinTech Research Wing Welcomes Innovators to Discuss with Regulators With its New Office Hours

LabCFTC, the United States Commodity Futures Trading Commission’s FinTech research wing, is planning to host office hours during the New York FinTech Week.

US Regulators Overreach to Protect US Dollar Supremacy with TON Decision, Will Bitcoin be next?

US Regulators Overreach to Protect US Dollar Supremacy with TON Decision, Will Bitcoin be next?

If the last two years have revealed anything about our global monetary system, it is that the US Federal Reserve and President Donald Trump really do not want a competitor to the US Dollar.

What Global Regulators Think of Libra: The Asia Pacific Edition

What Global Regulators Think of Libra: The Asia Pacific Edition

Libra, the new cryptocurrency by social media giant Facebook, has generated controversy with lawmakers and regulators globally since its announcement in June of this year. Concerns were mostly revolved around the stablecoin potentially disrupting the global financial system. The scrutiny towards Facebook aims at the fear that the new digital currency could possibly take power away from the governments.

What Happened: US Committee Hearing with the SEC on Crypto and Libra

What Happened: US Committee Hearing with the SEC on Crypto and Libra

The United States House of Representatives Financial Services Committee held a hearing on Sept. 24 with the Securities and Exchange Commission’s (SEC) five commissioners. Vital topics covered in the hearing include the consideration of cryptocurrencies as securities, regulation of Facebook’s Libra and Calibra, and insider trading.

US FDA Calls Meeting on Blockchain, AI and the New Era of Smarter Food Safety

US FDA Calls Meeting on Blockchain, AI and the New Era of Smarter Food Safety

The FDA will hold a meeting on October 21st, with the aim of gathering input and feedback to help shape an FDA blueprint for the initiative. The FDA will propose leveraging modern technologies such as blockchain, artificial intelligence, and IoT to improve the transparency and decrease the risks of contamination in the food supply chain.

Enigma Settles With US SEC Over Unregistered 2017 ICO

Enigma Settles With US SEC Over Unregistered 2017 ICO

The US Securities and Exchange Commission (SEC) recently announced it has settled charges against blockchain startup Enigma MPC.

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