Tag Archives: Cryptocurrency

CFTC’s authority over cryptocurrency fraud reaffirmed

By Lene Powell, J.D. In reconsidering a March ruling, a federal district court again found that the CFTC had standing to exercise enforcement power in a virtual currency fraud scheme. The “actual delivery exception” did not apply because the transactions … Continue reading

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Cryptocurrency IRS Offshore & Foreign Reporting (2018 Update)

Cryptocurrency IRS Offshore & Foreign Reporting (2018 Update) by Golding & Golding Cryptocurrency IRS Offshore & Foreign Reporting (2018 Update) Unfortunately, at the time of writing of this article, the U.S. government agencies responsible for International and Offshore Reporting (FinCEN … Continue reading

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Cryptocurrency & FATCA Form 8938 (2018) – Crypto a Financial Asset?

Cryptocurrency & FATCA Form 8938 (2018) – Crypto a Financial Asset? (Golding & Golding) Cryptocurrency & FATCA Form 8938 (2018) – Crypto a Financial Asset?  Under most circumstances, if you have your cryptocurrency on a Financial Exchange, in a Crypto … Continue reading

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BIS report: Cryptocurrency won’t replace money, but DLT has promise

By Anne Sherry, J.D. The fifth chapter of the Bank for International Settlements’ Annual Economic Report takes on cryptocurrencies, putting them in historical perspective and concluding that challenges such as energy requirements and valuation fluctuations make them an unlikely substitute … Continue reading

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Global ICO and cryptocurrency regulatory roundup

Recently there have been a number of blog postings on initial coin offerings (ICOs) and cryptocurrency, and here is a round-up of them in case you missed them: Global IOSCO Board communication on concerns about ICOs (19 January 2018) Australia … Continue reading

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