United States

Coin Center sues US Treasury and IRS over unconstitutional digital currency tax reporting rule
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14 June, 2022

Coin Center sues US Treasury and IRS over unconstitutional digital currency tax reporting rule

The tax law amendment requires individuals and businesses that receive $10,000 or more in digital currencies to report the sender's...
New York Department of Financial Services releases stablecoin guidance
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13 June, 2022

New York Department of Financial Services releases stablecoin guidance

The DFS says the guidance should act as the baseline set of requirements that companies within New York State that...
SEC investigation of Do Kwon and Terraform Labs to proceed as court affirms subpoenas
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10 June, 2022

SEC investigation of Do Kwon and Terraform Labs to proceed as court affirms subpoenas

Do Kwon and his company, Terraform Labs, must comply with subpoenas served by the U.S. securities regulator in their investigation...
The CoinGeek Pulse Episode 90: ‘Crypto’ scams net $1B, Binance probed and global industry updates
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10 June, 2022

The CoinGeek Pulse Episode 90: ‘Crypto’ scams net $1B, Binance probed and global industry updates

The U.S. Federal Trade Commission released a report detailing about 46,000 people with over a median of $2,600 individual loss—this...
Gemini lied about its security, IRA Financial says in lawsuit over $36M hack
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9 June, 2022

Gemini lied about its security, IRA Financial says in lawsuit over $36M hack

IRA Financial has sued Gemini, claiming the exchange is to blame for the February hack in which its customers lost...
Sweeping US ‘crypto’ bill elevates CFTC’s role in regulating digital assets
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8 June, 2022

Sweeping US ‘crypto’ bill elevates CFTC’s role in regulating digital assets

The Responsible Financial Innovation Act is designed to improve flexibility, innovation, transparency and consumer protections with regard to digital assets.
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