Financial institutions are continuing to offer blockchain and crypto related services, with hundreds more slated to begin offering custodial services soon. This is a boon for greater consumer education around crypto related issues, paves the way for...Read more
Did you trade or sell Bitcoin, Ether, or other digital currencies in 2020? If so, you’ll have information you need to report on your tax return. With the tax deadline rapidly approaching, TaxBit’s CPAs and tax attorneys...Read more
The U.S. Securities and Exchange Commission (SEC) has filed its latest motion against Ripple Labs, as their legal battle continues. On May 7, attorney James K. Filan Tweeted an update on the SEC vs. Ripple lawsuit. An...Read more
In Related Case, Federal Court Holds that Bitcoin-to-Bitcoin “Tumbler” Can Represent “Money Transmission” On April 27, IRS CI and FBI Special Agents arrested Roman Sterlingov, a dual citizen of Russia and Sweden, for his alleged role as...Read more
The ruling party of South Korea has proposed a new bill that aims to limit crypto-related companies’ ability to trade digital assets and increase their liability in case of a hack, local news outlet Naver reported today.The...Read more
NEW YORK, May 05, 2021 (GLOBE NEWSWIRE) -- Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Canaan Inc. (NASDAQ: CAN) between February 10, 2021 and April 9, 2021, inclusive...Read more
BloombergSecretive Billionaire Kenneth Dart Makes $6.7 Billion Bet on Tobacco Stocks(Bloomberg) -- It took decades for sustainable investing to become mainstream, but now every week one giant investor after another announces their commitment to ESG.Kenneth Dart will...Read more
More than 1,600 people participated in the Bitcoin Conference hosted by the Mays Innovation Research Center in Mays Business School at Texas A&M University, held mostly via Zoom April 16-17. “Our goal was to provide more...Read more
In brief The Turkish government subjected cryptocurrency exchanges to anti-money laundering and terrorism financing regulations. The country’s exchanges must level-up their KYC practices and report suspicious trading behavior to the government “just like banks.” The Turkish government...Read more
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