SEC Filing for Vaneck Solidx Bitcoin ETF Withdrawn

Cboe BZX Exchange has withdrawn its filing with the U.S. Securities and Exchange Commission (SEC) for Vaneck Solidx bitcoin ETF. The U.S. government is currently shut down and the ETF could have been automatically approved had it not been withdrawn. Vaneck says that the withdrawal is temporary as it is actively working to “build appropriate … Read more

US Representatives ‘Urge’ the IRS to Clarify Cryptocurrency Tax Guidance

On Wednesday September 19, a committee of US bureaucrats sent an open letter to the Internal Revenue Service (IRS) in regard to the way cryptocurrencies are taxed. The representatives’ letter directed towards IRS commissioner David Kautter wants the taxation office to publish provisional guidelines on how digital currency transactions and investments should be handled when US … Read more

US Government to “Aggressively Pursue” Unregulated Services Around the World

Two common complaints among crypto traders are that platforms which didn’t before are now demanding identification documents and that more venues close their doors to residents of some countries. While users naturally lash out at the companies, it is important to remember that this is often done under coercion or threat by regulators. The US … Read more

Over 500 BTC Belonging to Iranians Seized by US Government: Report

According to the head of Iran’s Blockchain Association, over 500 BTC belonging to Iranians were confiscated by the U.S. government last year, and the number is still rising. He explains that Iranians are unable to take action through proper channels from within their country due to Iran’s legal status of cryptocurrency. Also read: Yahoo! Japan Confirms … Read more

US Government Launches HoweyCoins Website to Showcase Fake ICOs

Educating the masses on potential risks associated with cryptocurrency and ICOs is a tedious challenge. Nefarious projects continue to dupe investors, mainly because people don’t always bother to conduct their own research. The US government has now launched a fake ICO website to demonstrate how easy it is to attract investors with a semi-professional website. HoweyCoins … Read more

Government Must Lead in Blockchain Research: Homeland Security Rep

With the private sector taking the lead in research, development and adoption of the blockchain, the government must consider leadership opportunities within the community and partner with stakeholders to bring solutions to market. This is according to Douglas Maughan, a division head at the US Department of Homeland Security who testified before the House Science and Technology … Read more

Blockchain Analysis Grows More Popular Among US Agencies

Blockchain analysis is becoming a lot more popular these days. A fair few firms are looking for ways to analyze public blockchains and potentially crack down on illicit activity involving cryptocurrencies. It seems US agencies are showing increasing interest in this technology as well, which is not that big of a surprise. US Agencies Embrace … Read more