Legal

China's Bitcoin Exchanges Receive Shutdown Orders and Closure Timeline
A document leaked on Chinese social media today appears to confirm rumours that all local bitcoin exchanges must close by the end of the month.

Trumping the IRS: Could the Timing Be Right for Bitcoin Tax Reform?
With the U.S. political field looking ripe for tax reform, the cryptocurrency community could soon get much-needed clarification on IRS guidance.

Moolah Exchange Founder Denies Fraud Charges in First Court Hearing
The trial of Ryan Kennedy, the controversial founder of the now-defunct dogecoin exchange Moolah, began in a UK court this week.

Chinese Bitcoin Exchange ViaBTC to Close Amid Regulatory Crackdown
Chinese bitcoin exchange ViaBTC has announced it will be closing its website at the end of September – the second exchange in as many days to do so.

BoE Official: Central Bank Digital Currency Would Need 'Extraordinary' Resilience
A Bank of England researcher wrote earlier this week that a central bank digital currency would need "extraordinary" levels of resilience to work.

Thai Securities Regulators Seek 'Appropriate' Rules for ICOs
Securities regulators in Thailand have issued a new statement on initial coin offerings (ICOs).

BTCC to Cease China Trading as Media Warns Closures Could Continue
China-based exchange BTCC has announced it will be closing its doors to domestic trading, while Shanghai media indicates a broader crackdown.

Namibian Central Bank: Bitcoin Purchases Illegal Under Law
A paper from the Bank of Namibia makes familiar points about the risks of money laundering and the perils of a stateless currency.

Dubai Financial Regulator Issues Warning on ICOs
A finance regulator in Dubai has become the latest agency to warn investors about initial coin offerings (ICOs).

Bitcoin Exchanges Lack Legal Foundation, China Internet Finance Association Says
A self-regulatory body in China focused on online finance has issued a new warning on bitcoin exchange risks.

