Blockchain Association sues IRS over crypto broker rules
The lawsuit alleges that the IRS’ latest rulemaking exceeds the agencies’ statutory authority and violates the Administrative Procedure Act.
Related Posts


Monetary policy of cryptocurrencies, explained
Monetary policy in crypto refers to the mechanisms used to manage the supply and circulation of cryptocurrencies. These mechanisms are intended to ensure the sustainability, stability and predictability of a coin’s value over time. Cryptocurrencies rely on decentralized protocols to handle their monetary policy, as opposed to conventional fiat currencies, which are controlled by central…

Israel: Financial Services Firm GMT Joins RippleNet
Israel-based financial services firm GMT has joined Ripple's bank and payment provider network, the company confirmed in a recent press release.The result of a “long and precise process,” the move reportedly will help the company remain “at the forefront” of the local finance industry.Ripple, which operates blockchain-based financial products using its XRP token, has partnered…

Shibarium could go live in August — Developer
The Shiba Inu ecosystem’s world paper, as well as new Shiba Inu projects and detailed information about the Treat token, will be presented at a Toronto conference next month, Shytoshi Kusama says. In a July 6 blog post, Shytoshi Kusama, the lead developer of Shiba Inu, said that the team will have discussions and possibly…

Fake Crypto Wallet App Imitating Trezor Found on Google Play Store
Fraudsters have been adding fake cryptocurrency wallets to the Google Play store in an attempt to cash in on rising bitcoin (BTC) prices, ESET antivirus researchers claimed on May 23.One malicious app imitated the hardware wallet Trezor — and the investigation found that the software had ties to another fake app that has the potential to scam unsuspecting users out of…

Colombian Bitcoiner aims to orange-pill coffee lovers one bean at a time
José Luis Garcia is a coffee-lover and entrepreneur trying to make his mark in the city of Medellín — the birthplace of Colombia’s modern coffee industry. Since the October launch of his start-up Lightning Koffee, Garcia has two goals in mind: Make a decent cup of joe and spread the word about Bitcoin (BTC). His coffee

US Congress Wrestles With Financial Technologies and Data Privacy
On Nov. 21, the United States Congressional Task Force on Financial Technologies held a hearing on the role of big data in financial services. The last major legislation focused on the subject was the Gramm-Leach-Bliley Act of 1999, which formalized a financial service firm’s obligations to clients — specifically, how they share client information. Given the…

Buenos Aires rolls out blockchain-based ID for 3.6M residents
Residents of the Argentine capital now have access to decentralized digital IDs on their mobile devices, powered by the scaling protocol ZKsync Era.

Coinsquare exchange adds new board members
The additions to the board follow the confirmation of a new CEO, CCO, and COO in August. 810 Total views 16 Total shares Coinsquare, a crypto exchange that has been under the scrutiny of Canadian regulators following allegations of wash trading, said it will be adding two new members to its board of directors.In a…