Ukraine Focuses on Promoting a Blockchain Friendly Ecosystem

A number of recent developments in Ukraine have demonstrated the country’s focus on promoting a blockchain friendly ecosystem. At a government level, the recently established Ministry of Digital Transformation (MDT)

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Cryptocurrency, Ukraine

The IRS Issues Income Tax Guidance Dealing with Cryptocurrency Hard Forks and Airdrop

The U.S. Internal Revenue Service (“IRS”) released Revenue Ruling 2019-24 on October 9, 2019 providing guidance on the U.S. income tax treatment of hard forks and airdrops of cryptocurrency.  Revenue

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Airdrop, Hard Fork, IRS, Tax, US

SEC Enjoins Telegram Token Offering

On October 11, 2019 the U.S. Securities and Exchange Commission announced that it has filed an emergency action and obtained temporary restraining order against two offshore entities conducting an alleged

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CFTC Says Ether is a Commodity

Last December, the Commodity Futures Trading Commission (CFTC) issued  a public call for feedback to “better inform the Commission’s understanding” of the Ethereum network and the cryptocurrency ether.  The CFTC said input

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CFTC, Commodity, Ether, US