Samourai Wallet Arrests Send Shockwaves Through Crypto Community
Today, the Justice Department issued a statement declaring the arrest and charging of Keonne Rodriguez and William Hill for their involvement in operating Samourai Wallet. The charges include accusations of running an unlicensed money transmitting business and facilitating unlawful transactions. The
New Crypto Reporting Rules: The $10,000 Question
The Internal Revenue Service (IRS) has recently introduced new cryptocurrency regulations that require both individuals and businesses in the United States to report any crypto payments received that are valued over $10,000. This regulation requires filling out Forms 8300 or IRC
LBRY vs SEC: The Fight Continues
https://twitter.com/LBRYcom/status/1699874353213559145 LBRY, a blockchain based, censorship resistant, network for file and video sharing, seems to be deviating from its previous intention to cease operations after being ruled as a security. Instead, it has chosen to contest a ruling made by a
Liberty & Freedom at Risk As SEC Sues Binance & Coinbase
The U.S. Securities and Exchange Commission (SEC) has filed a sweeping lawsuit against the world’s largest crypto exchange, Binance, its CEO Changpeng Zhao (CZ), and BAM Trading, the operating company for Binance. The SEC alleges that Binance violated federal securities laws
Crypto Mining in the Crosshairs: Biden’s Proposed 30% Tax
The White House is urging Congress to impose a tax of 30% on cryptocurrency miners because of the amount of electricity they use. This proposed tax is part of the upcoming federal budget plan. According to a blog post posted on
Seeking Legal Eagles: SEC Hiring Attorneys for Cyber & Crypto Unit
These days it's easy to feel a bit lost in the ever-evolving landscape of cryptocurrency regulations. It seems like there are new developments coming out of D.C. everyday. And the ramp up for a crypto crackdown continues. Now, the Securities and Exchange
Unveiling Who Controls Cryptocurrency
Cryptocurrency is a new and innovative technology. Since the Bitcoin whitepaper was released in 2008, the idea of cryptocurrency, what it is, why it is, and how it works, have spawned questions from new investors entering the space. One of the
Biden’s Crypto Executive Order
On Wednesday, President Joe Biden issued an executive order directing the federal government to begin developing policy for digital assets, including cryptocurrencies, that encourages innovation whilst reducing dangers to consumers, investors and the global financial system. The details of the executive
Secret Service Unveils Cryptocurrency Awareness Hub
The cryptocurrency market has significantly grown over the past year, with the U.S. now being one of the largest crypto economies globally. Amidst this growth, the regulatory framework is also shifting. U.S. authorities have been working their way into regulating this
EU Propose Ban on Proof-of-Work Cryptos
Lawmakers in Europe are planning to target crypto’s using proof-of-work mining, which could result in a ban on proof-of-work cryptocurrency mining across the 27 countries that make up the European Union. This move comes amid concerns over the associated energy