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United States

‘Regulate stablecoins or we will,’ FSOC tells US Congress
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22 December, 2021

‘Regulate stablecoins or we will,’ FSOC tells US Congress

The Financial Stability Oversight Council’s 2021 report points out that digital assets and the associated distributed ledger technology present the...
It’s not just ‘Bitcoin’: Dorsey’s Block also targeted by H&R Block over company name
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20 December, 2021

It’s not just ‘Bitcoin’: Dorsey’s Block also targeted by H&R Block over company name

Block, if it's allowed to keep that name, could soon find itself competing in court over the name "Bitcoin," which...
IRS updates digital currency question in 1040 tax form
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16 December, 2021

IRS updates digital currency question in 1040 tax form

The tax agency posted its 1040 form last year to ask about virtual assets; however, a query led to confusion...
Tether gets sued again, claims latest suit is ‘nonsense’
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14 December, 2021

Tether gets sued again, claims latest suit is ‘nonsense’

A pair of disgruntled users has filed a fraud claim in the Southern District of New York against Tether Holdings...
US man pleads guilty to operating $4M unregistered digital currency business linked to criminal activities
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13 December, 2021

US man pleads guilty to operating $4M unregistered digital currency business linked to criminal activities

Brannen Mehaffey processed about $4 million in digital currencies without registering with the U.S. authorities, some of which were tied...
Digital currency executives testify in Congress as US lawmakers mull industry oversight
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10 December, 2021

Digital currency executives testify in Congress as US lawmakers mull industry oversight

When the hearing came to an end, it was clear that lawmakers have a positive outlook on the digital asset...
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