Ethereum Watch

The American Bar Association has recommended that the IRS offer taxpayers temporary safe harbor regarding cryptocurrency that they acquired as the result of a hard fork. It has also begun to explore the possible implications that such tokens might have during future tax seasons. Advertisements The American Bar Association (ABA) Section of Taxation has recommended […]

A recent study on Americans and cryptocurrencies, commissioned by Finder.com in February, shows that 8 percent, or around 26 mln, of Americans have purchased cryptocurrency. Advertisements Finder’s survey was answered by 2,001 Americans adults using Pureprofile, a site that gives cash rewards to users that participate in its surveys. The survey found that out of […]

iStock.com/BackyardProduction Ethereum News Update If there’s one fear that haunts crypto enthusiasts, it’s that governments will attach burdensome regulations to slow innovation across the industry. Advertisements So when U.S. regulators—like the U.S. Securities and Exchange Commission (SEC)—started cracking down on the initial coin offering (ICO) market, investors assumed their worst nightmares were coming true. They […]

The NSA has been snooping around the bitcoin blockchain – and maybe a little more. Advertisements On Tuesday, The Intercept reported that Edward Snowden furnished documents which demonstrate that the National Security Agency (NSA) has kept a careful eye on digital currencies, including bitcoin, through codenamed projects like OAKSTAR and MONKEYROCKET. Journalist Sam Biddle explained that the documents […]

France’s minister of finance published an op-ed today, highlighting France’s crypto-related ambitions. He used very enthusiastic language and likely timed the publication to coincide with today’s G20 meeting of central bankers. Advertisements “We will not miss the blockchain revolution,” declared France’s minister of finance Bruno Le Maire in an op-ed published by French media today. […]

Financial authorities currently attending the 2018 G20 Buenos Aires summit are reportedly nearing a consensus on the position that cryptocurrencies are assets. Advertisements Representatives from 20 countries who are currently gathered in Buenos Aires for a G20 summit are approaching a consensus that the digital tokens commonly referred to as cryptocurrencies are assets rather than […]

iStock.com/EtiAmmos Ethereum News Update Although cryptocurrency prices recovered slightly on Sunday night, the market is still burdened by what appears to be a regulatory crackdown in the United States. Advertisements So it hardly matters that Ethereum prices are up 4.66%. Hours earlier, the world’s second-biggest crypto hit a three-month low, making the gains seem less […]

According to reports, Twitter will soon revise its policies to prohibit advertisements for cryptocurrency wallet providers and initial coin offerings (ICOs). Advertisements In recent weeks, Facebook and Google announced updates to their advertising policies to curtail the promotion of cryptocurrency-related products and services, including wallet providers, exchanges, initial coin offerings (ICOs), and trading advice. In […]

On Monday, President Trump signed an executive order prohibiting American usage of or investment in the petro. Advertisements On March 19, 2018, President Donald Trump signed an executive order barring American citizens and residents from undertaking transactions in or investing in digital currencies or tokens tied to the Venezuelan government which were issued on or […]

“Innovators who seek to revolutionize and disrupt an industry must tell investors the truth about what their technology can do today, not just what they hope it might do someday.” Advertisements On Wednesday, the United States Securities and Exchange Commission (SEC) filed charges against Theranos Inc as well as its disgraced CEO, Elizabeth Holmes, and […]