Wikileaks announced that Coinbase has blocked its official Wikileaks shop without notice or explanation. The organization will all for a global blockade of the cryptocurrency exchange and payment processor “as an unfit member of the crypto community.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinbase Quits Wikileaks Wikileaks announced on Friday that “Coinbase […]
Coinbase’s Chief Legal and Risk Officer called on regulators to avoid missteps towards crypto’s ‘tremendous potential’. #NEWS
It seems a very important piece of news has flown under the radar of cryptocurrency enthusiasts and experts. In a letter from February, FinCEN makes it clear they do not take kindly to ICOs or any platforms supporting this business model. In fact, they would prefer if all ICOs registered as money services businesses. It’s an […]
According to a letter released today, FinCEN believes that companies launching token sales qualify as money transmitters, and must register as such.
U.S. Treasury Department Deputy Sigal Mandelker explained how the department would regulate cryptocurrency exchanges in testimony before the Senate.
ICOs vs IRS, CFTC, FinCEN, SEC in our regulation update
Cryptocurrency use could give U.S. Attorney General Jeff Sessions an excuse to crack down on state-legal pot firms, an industry lawyer warns.
Be careful out there–US tax law is a lot more complex than you might think, and the IRS is watching Bitcoin.
Compliance-as-a-service company, Coinfirm claims to know where over 66,000 Bitcoins were moved after the BTC-e hack.
Ever since the BTC-E exchange shut down unexpectedly, there have been very few updates. The alleged operator of the exchange is still in custody. A new document regarding the company has been issued by FinCEN, which does not bode all that well for Alexander Vinnik or the company. Additionally, some information regarding BTC-E was sent to […]
According to a new post on the forum Bitcointalk, the now defunct BTC-e exchange says it has control over some its servers and bitcoin wallets. At the moment, operators of the trading platform detail they are evaluating the balances. Also read: Segwit2x and the Tale of Three Bitcoins BTC-e Reveals They Are Assessing Wallets and Balances […]
According to a report revealed by the U.S. Department of Justice, formal charges against Alexander Vinnik are waiting for him on American soil. It seems Vinnik has many money laundering related charges against him and the exchange he allegedly operated — the long standing bitcoin exchange called BTC-e. Also Read: Greek Authorities Arrest Suspected BTC-e Mastermind ‘BTC-e […]
A Local Bitcoins seller based in Missouri has plead guilty to running an unlicensed money transmission business. Source
Bitcoin regulatory expert Jerry Brito recounts the tech’s early days in Washington, DC, and the work that went into its successful regulatory debut. Source
Hong Kong-based bitcoin exchange Bitfinex has stopped servicing Washington State customers, reportedly due to the state requiring a money transmitter license. Also read: Coinbase Exits as Hawaii Requires Bitcoin Companies to Hold Fiat Reserves Exiting Washington State, Will Not Obtain License Bitfinex has recently modified its terms of service which now includes the following clause: […]