Tag: crypto regulation

Cryptocurrency tax and regulation
Blockchain
Holly Moore

Cryptocurrency Tax Regulation & Compliance: Part 1

What can be sexier than crypto tax compliance and regulation? Okay, a lot. But for Jason M. Tyra, CPA, PLLC, it’s his job to help clients mitigate financial risk and maximize their return. When you find a resource with a vast knowledge base along with the ability to draw connections between areas of specialty to find the most optimal solution, then that in and of itself is sexy.

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Elizabeth Warren vs Cryptocurrency
Blockchain
Jasper Hamill

Senator Elizabeth Warren: “Crypto Is Controlled By ‘Shadowy Super-Coders.’”

Senator Elizabeth Warren has claimed that cryptocurrencies are controlled by “shadowy faceless groups of super-coders”. She made this astonishing statement at a hearing organized by The Committee on Banking, Housing and Urban Affairs called “Cryptocurrencies: What Are They Good For?” It was here where she questioned crypto advocates and their belief that blockchain-based currencies can build a better financial system.

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Pressure on Binance increases as regulation comes down on CZ and his exchange
Blockchain
Gabriel Negrin

Bring It On! —World’s Largest Crypto Exchange Welcomes Regulation

Unlike traditional investment markets, crypto doesn’t take a rest. Every day there is more and more news coming from this field. Some of it is good, some not so good. With respect to the latter, Binance and its CEO have now been cast into the spotlight. This the world’s largest crypto exchange has opened its arms to regulations. And while that may be good for the market, several problems have arisen. 

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War on Crypto, tensions building with Britain and Binance
Featured
gmedia

The U.K.Crypto War: British Banks Launch Clampdown After FCA Binance Ban

British banks have started to place limitations on transactions with crypto exchanges, sparking fears that the UK financial establishment is preparing for a “war” on blockchain. Several of the UK’s top banks have now taken steps to limit payments to exchanges as well as withdrawals, with most now preventing all customers from transacting with Binance after it was banned by the Financial Conduct Authority (FCA) in June.

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US States luring more crypto miners from china and the rest of the world
Featured
Nealene Orinick

U.S. States Are Trying to Lure Crypto Miners: But Will They Succeed?

Kentucky lawmakers have recently introduced two bills offering generous tax breaks to lure crypto miners to the state in an effort to revitalize many of the state’s dormant coal fields in rural areas. The bluegrass state is not the only one looking to incentivize crypto miners to set up shop in their locale.

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IRS and Crypto Staking Tax loopholes
Blockchain
Gabriel Negrin

Battling The IRS: Is Staking a Tax Loophole?

It’s no secret that cryptocurrencies have gained a massive amount of global attention in such a short period of time. Yet, like any new technology, many government entities do not know how to manage and regulate them.

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