Legal

Arizona's Crypto Tax Payments Bill Is Being Revamped
Arizona's crypto tax bill is still moving forward, despite seeming to have stalled in the Senate last month.

Crypto and Cannabis Investment Promoter Hit With Cease-and-Desist
The Texas State Securities Board filed an emergency cease and desist against a cryptocurrency and weed investment platform on alleged fraud charges.

How to Mount a Tax Defense for Unreported Crypto Income
Most individuals with unreported cryptocurrency income have options available to mitigate and defend against civil penalties and criminal prosecution.

Most Cryptos Aren't Commodities, Defendants Claim in CFTC Case
Defendants from My Big Coin Pay, which is being sued by the CFTC for fraud, argue that the agency lacks jurisdiction over the case.

SEC Chief Touts Benefits of Crypto Regulation
U.S. SEC chairman Jay Clayton addressed ICOs and enforcement actions taken against them during a talk at Princeton University.

Japanese Research Group Calls for 'Appropriate' ICO Rules
A research group led by members of Japan's private and public sectors called for ICO regulation and published its recommendations in a report today.

Malta Finance Regulator Warns Against Crypto Margin Trading Site
The MFSA issued a warning against Stocksbtc, denying claims that the startup is registered with the regulator and based in Malta.

RBI Bars Banks From Doing Business With Crypto Firms
The Reserve Bank of India announced today that the entities it regulates will be banned from dealing with cryptocurrency.

Korean Police Detain 4 Crypto Exchange Execs Over Alleged Embezzlement
South Korean police on Thursday detained four executives from two cryptocurrency exchanges over alleged embezzlement.

US Crypto Tax Policy Isn't Just Crazy, It's Cruel
There is something extraordinarily cruel, crazy even, in the IRS’s approach of treating virtual currencies as property for tax purposes.

