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United States

US interstate tax consortium J5 lists NFT marketplace red flags
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5 May, 2022

US interstate tax consortium J5 lists NFT marketplace red flags

In its first guidance on NFTs, J5 listed phishing scams, fake token giveaways, and wash trading as some of the...
NYDFS implores digital currency firms to employ blockchain analytics services
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3 May, 2022

NYDFS implores digital currency firms to employ blockchain analytics services

The guidance is in response to a March directive from Governor Kathy Hochul, where she implored the DFS to strengthen...
US labor department has ‘grave concerns’ with Fidelity offering BTC to 401(k) clients
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2 May, 2022

US labor department has ‘grave concerns’ with Fidelity offering BTC to 401(k) clients

Fidelity revealed that it would be offering BTC to the 23,000 firms registered under its 401(k) program, and its regulator...
Kraken, Digital Currency Group via proxy lobbies US Congress against bills targeting Russian oligarchs
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2 May, 2022

Kraken, Digital Currency Group via proxy lobbies US Congress against bills targeting Russian oligarchs

The bills, which are designed to hinder Russian oligarchs from evading sanctions, are allegedly part of a vendetta by Sen....
US securities regulator adds more digital currency firms to ‘PAUSE’ list
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29 April, 2022

US securities regulator adds more digital currency firms to ‘PAUSE’ list

The 58 soliciting agencies include names such as 247 Crypto Trade, Crypto-TradingHub, and Elite Crypto Mines Inc. All firms are...
Proof of work mining faces 2-year moratorium in New York
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28 April, 2022

Proof of work mining faces 2-year moratorium in New York

A majority of the New York State Assembly voted in favor of the bill, thinking that suspending carbon-based PoW mining...
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