To ensure that it has enough funds to pay back its customers, members of FSA paid a special visit to Coincheck’s Tokyo office on Friday.
The San Francisco-based digital currency exchange sent out 1099-K tax forms to clients in the U.S. who have made “plenty of transactions” in 2017.
Line currently sees over 168 million users monthly and is expected to leverage its customer numbers in launching its proposed cryptocurrency exchange.
As governments around the world still try to determine how to address the cryptocurrency explosion, Hawaii is looking to implement its own controls.
To avoid violating domestic rules, the Moscow-based bank is reportedly planning to offer cryptocurrency trading to international customers.
The ban comes shortly after Zuckerberg said he’s exploring how Facebook can use cryptocurrencies in its services.
Things at BitConnect weren’t what they seemed to be, according to a class action lawsuit filed in Florida.