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Regulation

BUSINESS

Turkish Government Requiring Exchanges To Report Bitcoin Trades Over $1,200

Oluwapelumi Adejumo -
Turkey is instituting a reporting requirement for large trades, including bitcoin, from cryptocurrency exchanges.
BUSINESS

IRS Authorized To Summon Kraken For User Information

Oluwapelumi Adejumo -
The IRS has been authorized to seek information on users of the cryptocurrency exchange Kraken, to ensure they are paying their taxes.
BUSINESS

Marathon Mines Bitcoin Block That’s Verified As Compliant With U.S. Regulations

Namcios -
Marathon has mined a Bitcoin block deemed fully compliant with U.S. regulations, effectively censoring transactions in the process.
BUSINESS

Coinbase Transparency Report Shows U.S. Leads Way In Bitcoin User Data Monitoring

Peter Chawaga -
A report from cryptocurrency exchange Coinbase shows that the U.S. is the most aggressive in seeking information about bitcoin traders.
BUSINESS

Censored Russian News Agency Asks For Bitcoin Donations

Namcios -
Independent Russian news organization Meduza has launched a donations page with a bitcoin address after being penalized by the government.
BUSINESS

Turkish Court Jails Suspects In Thodex Cryptocurrency Exchange Probe

Peter Chawaga -
A Turkish court has jailed suspects connected to the Thodex cryptocurrency exchange as its regulatory actions around bitcoin intensify.
CULTURE

U.S. Officials Arrest Alleged Operator Of Mixing Service Bitcoin Fog

Namcios -
U.S. officials have arrested the alleged operator of Bitcoin Fog, a custodial bitcoin mixer that it says processed over 1.2 million BTC.
MARKETS

Report: Turkey To Establish Custodian Bank For Bitcoin Exchanges

Peter Chawaga -
The Turkish government reportedly plans to serve as a custodian for local cryptocurrency exchanges, potentially holding bitcoin for users.
MARKETS

Report: Biden Seeking To Nearly Double Capital Gains Taxes For Wealthy Americans

Namcios -
Report: Biden Seeking To Nearly Double Capital Gains Taxes For Wealthy Americans
CULTURE

Republican House Leader Wants Regulators To Embrace Bitcoin

Oluwapelumi Adejumo -
In a recent interview, U.S. House Minority Leader Kevin McCarthy said lawmakers should not ignore bitcoin, but understand its future role.
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