The U.S. Internal Revenue Services has released new guidance in the form of a Revenue Ruling for tax reporting on cryptocurrency airdrops and hard forks. The Revenue Ruling 2019-24 intends to help taxpayers understand...

The United States Securities and Exchange Commission (SEC) has rejected the bitcoin exchange-traded fund (ETF) proposal filed by Bitwise Asset Management. In January, Bitwise filed its bitcoin ETF proposal with the SEC...

The Bank of England has called for highest standards of resilience and appropriate supervisory oversight for Facebooks Libra cryptocurrency project before it launches in the UK. The central banks Financial Policy...

Lawmakers are starting to pressure members of the Libra Association to reconsider their involvement in the Facebook-led Libra cryptocurrency project. In a letter, Senators Brian Schatz and Sherrod Brown urged Visa,...

The Securities and Futures Commission (SFC) of Hong Kong has officially released regulations for crypto fund managers. The commission formalized a 37-page framework, which is effective immediately, which aimed to...

The House of Representatives Financial Services Committee wants Facebook CEO Mark Zuckerberg to testify on the social media giants highly ambitious cryptocurrency project, The Information reported. As per the report,...

Japans Financial Services Agency (FSA) has published draft guidelines for funds investing in cryptocurrencies, CoinDesk reported. On September 30, the regulator issued draft supervision guidelines for financial...

Two U.S. congressmen, Rep. French Hill (R-Arkansas) and Rep. Bill Foster (D-Illinois), have asked the Federal Reserve to consider developing a digital dollar. In a letter sent to Fed Chairman Jerome Powell on Monday,...

Less than a year since launching, the State of Ohio has suspended its online portal that allows businesses to pay their taxes using bitcoin. Ohio Treasurer Robert Sprague announced the immediate suspension of the...

Leading crypto spot and futures exchange OKEx is establishing a global Self-Regulated Organization (SRO) in order to standardize exchange practices and policies. The initiative was announced during day one of the DELTA...