Blockfolio and TokenTax Join Forces to Make Taxes Easier
The deadline for filing 2019 taxes in the United States is quickly approaching. Even for those declaring traditional income, the process can be lengthy to say the least. One of …
New Canadian Dollar-Pegged Stablecoin QCAD to be Regulated by FinTRAC
Major Canadian investment fund manager 3iQ and blockchain firm Mavennet co-launched a new regulated stablecoin pegged to the Canadian dollar (CAD). Developed by Canada Stablecorp, a joint venture between 3iQ …
FinCen: Social Media Crypto Projects Can’t Ignore Money Laundering Risk
The deputy director of the United States Financial Crimes Enforcement Network (FinCEN) says the cryptocurrency sector must not abet a “slide backward” in money laundering prevention. FinCen deputy director Jamal …
Crypto Derivatives Exchange Adds ‘BERNIE’ Futures Following ‘TRUMP’
After launching TRUMP futures trading last week, FTX plans to release five additional 2020 presidential election-based futures products. “What we’re about to come out with is just similar contracts for …
Switzerland to Require ID for Crypto Exchange Transactions Over $1K
The Swiss Financial Market Supervisory Authority (FINMA) passed an anti-money laundering provision on Feb. 7. Citing additional risk, the threshold for unidentified crypto exchange transactions is lowered from 5,000 CHF …
Japanese Lawmakers Want US to Place Digital Currencies on G7 Agenda
Japan is feeling the pressure of China’s strident moves forward with a digital yuan. According to a Feb. 7 Reuters report, top lawmakers in the country are calling on their …
SEC’s Cryptomom Proposes Safe Harbor Framework for Token Projects
United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce has formally proposed safe harbor for token projects. After initially floating the idea in August 2019, Peirce has now formally …
UK Financial Watchdog Seeks Cryptocurrency Expert to Address EU Regulations
The United Kingdom’s major financial regulator, the Financial Conduct Authority (FCA), is looking to hire a specialist with a cryptocurrency background. Specifically, the FCA is seeking an intelligence associate with …
Verdict in India Imminent, RBI Cites Warren Buffet Skepticism as Reason to Ban Crypto
Back in April 2018, the Reserve Bank of India decided to go ahead and issue a notice prohibiting all of India’s banking and financial institutions from offering their services to …
US Fed Is Exploring Potential for Digital Currency, Says Board Member
A member of the United States Federal Reserve’s board of governors has signalled that the institution is more open to the idea of central bank digital currency than previously. Lael …