United States

US proposals could require reporting digital currency transactions over $10K to IRS
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24 May, 2021

US proposals could require reporting digital currency transactions over $10K to IRS

New proposals being brought forward by the U.S. Treasury Department could see a new requirement to report digital currency transactions...
New OCC chief calls for review of digital currency rules
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24 May, 2021

New OCC chief calls for review of digital currency rules

Michael Hsu has requested that staff at the OCC review their approach to digital currency, including updating its charter framework...
Figure Securities secures regulatory approval for blockchain securities trading
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22 May, 2021

Figure Securities secures regulatory approval for blockchain securities trading

Figure Securities has been approved as a broker-dealer by the Financial Industry Regulatory Authority, with its blockchain-based trading system given...
FDIC issues request for information on digital assets at US banks
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21 May, 2021

FDIC issues request for information on digital assets at US banks

The body, which protects bank deposits in the U.S. via a compulsory insurance scheme for financial institutions, id looking for...
Tom Emmer seeks ‘safe harbor’ for taxpayers holding forked assets
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20 May, 2021

Tom Emmer seeks ‘safe harbor’ for taxpayers holding forked assets

The Safe Harbor for Taxpayers with Forked Assets Act seeks to protect taxpayers that own forked assets from any penalties...
IRS: We will seize digital assets for taxes owed
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19 May, 2021

IRS: We will seize digital assets for taxes owed

The IRS says it is improving its ability to track users' digital asset holdings and even seize those assets if...
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