Category: Cryptocurrency

Online whistleblowing site WikiLeaks was just recently informed by Coinbase that its account held with the company would be closed. According to Coinbase, the company was found to be in violation of Coinbase’s terms of service. While WikiLeaks is perhaps best known for publishing US State Department diplomatic cables, documents from the Democratic National Committee, […]

In response to the New York Attorney General’s demands from cryptocurrency exchanges that they provide him with significant details about their operations, the CEO of San Francisco-based Kraken has announced that he intends not to answer those questions. Since the Attorney General had announced his intention to publicize any companies not answering his questions, Kraken’s […]

New York Attorney General Eric Schneiderman has launched an inquiry into the business practices of 13 cryptocurrency exchanges. His office has sent letters to those exchanges to request, among other things, disclosures related to their operations, use of bots, conflicts of interest, and other issues. The companies targeted by the Attorney General include Coinbase, Gemini […]

The Korean Blockchain Association recently revealed that it has developed a self-regulatory framework for South Korea’s cryptocurrency exchanges. That framework would help move towards greater transparency of cryptocurrency exchange operations, as well as assuage government fears of money laundering, tax evasion, and other similar issues. South Korea isn’t the first country to develop a self-regulatory […]

Today is tax day, the deadline for all Americans to file their tax returns. And recent chatter about cryptocurrencies has been full of mentions about paying taxes on cryptocurrencies. For the first time, people are beginning to think seriously about whether or not they owe taxes on their cryptocurrency holdings. A recent post at CoinDesk […]

In a move that could have implications for the future of cryptocurrency exchanges, major cryptocurrency exchange OKEx announced last week that it would be expanding its operations to Malta. The small Mediterranean island, a member of the European Union, has made great strides in recent months to open itself to cryptocurrency businesses. OKEx, which at […]

Many recent news reports have bemoaned the fact that Bitcoin has lost so much value this year. Never mind that Bitcoin traditionally hasn’t done well in the first part of the year, instead gaining value as the year progresses. Pundits focused on short-term performance looked at Bitcoin’s price teetering into the $6000s and saw only […]