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Cryptocurrency Regulation and Taxing

Binance Filed a Defamation Lawsuit Against Forbes Media Over Leaked Tai Chi Document

Kavon Hyatt | November 20, 2020 | Leave a comment
Changpeng Zhao’s cryptocurrency exchange Binance has sued Forbes Media over a misleading article. The world’s largest digital currency exchange in terms of trading volume had filed a defamation lawsuit against Forbes Media and two of its reporters on Wednesday....
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BitMEX Disagrees With CFTC Charges Says It Will Defend the Allegations

Kavon Hyatt | October 2, 2020 | Leave a comment
Right after the major cryptocurrency exchange BitMEX was sued by the United States Commodity Futures Trading Commission (CFTC) on Thursday, it released a statement saying that it denies all these charges put against them by the United States federal...
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Nigeria’s SEC Issues A Proposed Set of Regulations For Cryptocurrency

Crypto Option | September 15, 2020 | Leave a comment
Cryptocurrencies have now been recognized as securities in Nigeria by the Securities and Exchange Commission (SEC). In an announcement on Monday, September 14, 2020, the regulatory institution of Nigeria issued proposed regulations for cryptocurrency. Nigerian SEC thus has brought...
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The IRS Issues New Tax Form to Know About Your Cryptocurrency

Crypto Option | December 12, 2019 | Leave a comment
Tax season is far, but the IRS wants to find out about your crypto holdings. Yes, it just got a new Schedule 1 for tax season 2019, specifying the above-the-line deductions along with tax subsidies for student loan and...
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