Tag: crypto regulation

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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