Dec 13, 20192 min read
IRS now requires taxpayers to disclose crypto activities
The U.S. Internal Revenue Service (IRS) has finalised and put in use a new tax form for crypto activity.
Steven Pettigrove, Partner, Piper Alderman
Michael Bacina, Partner, NXT Law
The U.S. Internal Revenue Service (IRS) has finalised and put in use a new tax form for crypto activity.
The Bank of Lithuania has announced in a press release that it will release a digital, blockchain-based collector coin in late 2020.
The Basel Committee on Banking Supervision is seeking input on potential prudential regulatory frameworks for cryptoassets
According to recent reports, the Bank of China has issued $2.8 billion worth of bonds using blockchain technology.
The Italian Society of Authors and Publishers (SIAE) has partnered with Algorand to develop a blockchain platform for copyright management
The Ukranian government has approved the final version of a money laundering law that will handle virtual assets and VASPs.
The Australian Payments Network Summit on 10 December 2019 included a panel on Libra between the RBA, Piper Alderman and others.
Former CFTC Chairman J. Christopher Giancarlo has announced that has he decided to join Willkie Farr & Gallagher.
The Federal Council of Switzerland has proposed updates to a suite of laws to improve its legal framework for DLT/blockchain
The Banque De France, France’s central bank, has announced plans to begin testing a digital currency as early as the first quarter of 2020.
A local German news outlet, Handelsblatt, has reported that banking institutions in Germany can now provide digital assets to their clients.
Director of FinCEN has stated that anti-money laundering (AML) laws will be strictly enforced when it comes to cryptocurrencies.
Stablecoins have continued to rapidly evolve in consumption, leaving industry players extremely positive about the future of the industry.
Binance and Tron have been banned on China’s largest micro-blogging service, Weibo, amid crypto crackdown.
An interview with Bougartchev Moyne Associés, revealed new regulatory developments in the French crypto space.
Another class action complaint has been filed against Bitfinex and Tether in the U.S. District Court for the Western District of Washington.
Following revelations of serious AML/CTF breaches by major Australian banks, blockchain is being identified as a possible solution.
