Business

IRS wrongfully sending digital currency tax warnings
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24 November, 2020

IRS wrongfully sending digital currency tax warnings

The IRS has wrongfully sent digital currency traders notices that claim the traders under-reported their earnings from digital currency trading.

OKEx giving users up to $1,000 in reward program
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24 November, 2020

OKEx giving users up to $1,000 in reward program

OKEx has announced its compensation and reward program for users who continued to trade while the platform halted withdrawals.
South Africa regulator drafts bill to regulate digital currency service providers
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24 November, 2020

South Africa regulator drafts bill to regulate digital currency service providers

In its draft bill, the Financial Sector Conduct Authority is proposing that all service providers register as financial service providers.
Ethereum developer knew he was helping North Korea evade sanctions: US prosecutors
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24 November, 2020

Ethereum developer knew he was helping North Korea evade sanctions: US prosecutors

U.S. government prosecutors have argued against Virgil Griffith defense's attempts to dismiss the case, saying he knowingly and willfully broke...
AML Bitcoin: SEC fights bid to dismiss $5.6M fraud case
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24 November, 2020

AML Bitcoin: SEC fights bid to dismiss $5.6M fraud case

The SEC urged the judge to dismiss the NAC Foundation’s claims the case has no merits, arguing that they sold...
IRS weighing trade-offs as it drafts digital currency tax rules
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24 November, 2020

IRS weighing trade-offs as it drafts digital currency tax rules

The Internal Revenue Service has been considering different approaches to digital currency taxation, a federal official has revealed.