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California's FPPC Updates Campaign Disclosure Rules, Including Cryptocurrency Contributions

California's FPPC Updates Campaign Disclosure Rules, Including Cryptocurrency Contributions

California's FPPC updated campaign rules, including guidelines for cryptocurrency contributions, ensuring compliance with U.S. regulations and transparency in political financing.

Spain To Draft New Bill That Will Enforce Full Crypto Holding Disclosure From Citizens

Spain To Draft New Bill That Will Enforce Full Crypto Holding Disclosure From Citizens

Spain is drafting a bill that will make it mandatory for crypto asset holders to disclose the value of their assets for tax purposes.

Brock Pierce's Presidential Campaign Enlists Akon as Chief Strategist

Brock Pierce's Presidential Campaign Enlists Akon as Chief Strategist

Crypto entrepreneur Akon has announced that he will be endorsing Brock Pierce’s presidential campaign and joining the crypto venture capitalist’s campaign team.

Tencent Uses Blockchain in Annual "99 Giving Day" Charity Campaign

Tencent Uses Blockchain in Annual "99 Giving Day" Charity Campaign

Chinese internet giant Tencent will use of blockchain technology in its annual internet charity campaign dubbed “99 Giving Day.”

China's Central Bank Publishes Rules for Blockchain-Based Financial Applications

China's Central Bank Publishes Rules for Blockchain-Based Financial Applications

The People’s Bank of China (PBoC) has published a set of evaluation rules for blockchain-based finance applications. The published rules aim to provide regulatory oversight using three basic standards bordering on technical, performance, and security.

Spanish Lawmakers Receive Bitcoin in Cryptocurrency Education Campaign

Spanish Lawmakers Receive Bitcoin in Cryptocurrency Education Campaign

All 350 Deputies of the Spanish Congress have received Bitcoin as part of an educational campaign aiming to teach legislators about the uses and functions of crypto.

Cryptocurrency Hackers Target Trump Presidential Campaign Website with Monero Scam Addresses

Cryptocurrency Hackers Target Trump Presidential Campaign Website with Monero Scam Addresses

US President Donald Trump’s 2020 presidential campaign website was briefly compromised yesterday in an attempt by hackers to gain cryptocurrency funds.

US Treasury Official says IRS is Assessing Models for Crypto Tax Reporting Rules

US Treasury Official says IRS is Assessing Models for Crypto Tax Reporting Rules

The IRS is developing domestic reporting rules for cryptocurrency taxation and assessing different models, according to a Treasury Department official at an OECD event.

IRS Crypto Disclosure Letters Violated US Taxpayer Rights in 2019

IRS Crypto Disclosure Letters Violated US Taxpayer Rights in 2019

The IRS shook up the US crypto sector last year, when it issued Letter 6137 to American taxpayer’s which demanded that all citizens declare any unreported crypto gains within 30 days. One year on and an IRS watchdog has slammed the letter as a violation of the Taxpayer Bill of Rights.

CFTC Chairman Calls For Principle-Based Not Rules-Based Regulation For Crypto

CFTC Chairman Calls For Principle-Based Not Rules-Based Regulation For Crypto

Commodity Futures Trading Commission (CFTC) Chairman Heath Tarbert has stated his preference for the financial governance to be principle based rather than a strictly enforced set of rules. This extends to cryptocurrency and digital assets.

US Senate Banking Committee Chair Sends Letter to the OCC to Clarify Crypto Payment Rules

US Senate Banking Committee Chair Sends Letter to the OCC to Clarify Crypto Payment Rules

The US Senate Banking Committee Chair Mike Crapo sent a letter to the OCC to develop guidelines on digital payments.

Could Brock Pierce's Presidential Campaign Damage the Crypto Industry? Tether's Legal Troubles Resume

Could Brock Pierce's Presidential Campaign Damage the Crypto Industry? Tether's Legal Troubles Resume

Brock Pierce’s run for President of the United States may have come at the wrong time, as the New York Supreme Court today ruled that Bitfinex and Tether must face up to allegations that they concealed the loss of commingled corporate and client funds amounting to over $850 million.

Thailand SEC Revises its Net Capital Rules In Favor of Crypto Backed Firms

Thailand SEC Revises its Net Capital Rules In Favor of Crypto Backed Firms

Thailand’s Securities and Exchange Commission has made an upward review of its net capital requirement for the securities firm in the country with crypto ties.

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