Former Owner of the Wex Cryptocurrency Exchange Arrested in Italy
BBC Russia reports that Dmitri Vasilev, the former CEO the now non-functional Russian crypto exchange WEX, was arrested on Friday in Italy.
The WEX scam
The...
IRS Releases Tax Guidelines for Cryptocurrency
The U.S. Internal Revenue Service (IRS) issues new guidance in the form of a Revenue Ruling, which calculates taxes owed on cryptocurrency holdings.
The publication...
Government of India Delays Cryptocurrency Bill
The government of India has decided to delay the introduction of a cryptocurrency bill in the country
The Indian government had announced to the supreme...
Virgil Griffith Released on Bail
Ethereum's research scientist Virgil Griffith has been released on bail.
According to reports, Virgil Griffith’s release forms were ready on the 6th of January. To...
The G20 Eyes Cryptocurrency Standardization
The first G20 meeting of 2020 was organized in Riyadh, Saudi Arabia, from 22 to 23 February. Leaders from the world’s biggest economies discussed...
European Commission Unveils Plan to Regulate Cryptocurrencies
The European Commission, the executive branch of the European Union, has announced its plans to regulate digital currency. Such regulations will be introduced over...
The 7 Most Crypto Friendly Countries
The crypto space is still fairly new to the world. As a result, there is not a lot of regulation at this moment in...
Advanced Crypto Regulation Needed, Says Former Chairman of CFTC
Former Chairman of the U.S. Commodity Futures Trading Commission (CFTC), Timothy Massad, believes that the crypto industry needs a more thorough regulation.
In a 58 pages...
Laos Sends An Unfriendly Reminder to Crypto Enthusiasts
Last year, Laos banned cryptocurrencies. Now, it has issued an unfriendly reminder to the public about it.
The Central Bank of Laos has once again shown...
Indian Crypto Exchange Koinex Shuts down
The Indian crypto exchange announced it would be shutting down permanently citing banking restrictions and regulatory delays as the reason for its action. It...