LATEST POST
FEATURED
Cryptocurrency and OFAC: Beware of the Sanctions Risks
A recent federal criminal action shows the depth of the U.S. government’s concern about the use of cryptocurrency (or virtual ... Read More
IRS Hints at Form 8938 Requirements for Reporting Crypto Assets Held at a Foreign Exchange
With the emergence of digital assets, the question has arisen whether digital assets held in “wallets” in foreign exchanges need ... Read More
SEC Settles with BCOT on Alleged Violations of the Securities Act
On December 18, 2019, the Securities and Exchange Commission announced settled charges against blockchain technology company Blockchain of Things Inc ... Read More
Fraud is Fraud – Sales of Unregistered Digital Securities Resemble Classic Microcap Fraud
A Complaint filed by the SEC in the Southern District of New York last week reminds us that in the ... Read More
Wyoming, the “Equality State,” Seeks to Level the Playing Field for Digital Assets Businesses
In its continued effort to establish itself as the go-to jurisdiction for digital asset businesses, Wyoming, through its Department of ... Read More
SEC Division of Enforcement 2019 Annual Report Shows Cryptocurrency Is Still Under the Microscope
The SEC Division of Enforcement’s 2019 Annual Report, released earlier this month, shows a continuing focus on activities involving blockchain ... Read More
Reading the Blockchain Tea Leaves: Reconciling Telegram and Block.one
The juxtaposition of two recent SEC enforcement actions against token issuers may shed some light on the regulator’s evolving regulatory ... Read More
In Case You Needed A Reminder – AML/CFT Regulations Apply to Transactions in Cryptocurrencies
Earlier this month, the leaders of the U.S. Commodity Futures Trading Commission, the Financial Crimes Enforcement Network, and the U.S ... Read More
HMRC’s New Approach to Cryptoassets – Tax First, Define Later
The UK tax authority, Her Majesty’s Revenue & Customs (HMRC), has taken a further step towards tackling perceived tax avoidance ... Read More
Still Waiting: SEC Again Delays Approvals of Bitcoin ETFs
As further evidence of the SEC’s resistance to the development of a regulated secondary market in bitcoin, on August 12 ... Read More
Playing Catch-Up: Commissioner Peirce Proposes a Safe Harbor for Certain Token Offerings
SEC Commissioner Hester Peirce has once again earned her title as “Crypto Mom” by expressing support for building a “non-exclusive ... Read More
The FCA Reclassifies Cryptoassets, But Is It Moving Away From Its Technology Neutral Approach?
The Financial Conduct Authority (FCA) has released final guidance on cryptoassets in a policy statement that includes feedback from their ... Read More
