Guide Highlights Patchwork of Crypto Tax Laws in Latin America

Research from Latin American crypto exchange Buda has highlighted a patchwork of laws, confused regulations and unusual concepts governing crypto taxation in the region. Buda has provided a series of tax guidelines outlining measures crypto traders should take into consideration when looking to comply with the authorities in Chile, Colombia, Peru, and Argentina. In various […]

Bitcoin Is a Digital Asset Says Intermediate People’s Court in China

The Shanghai No. 1 Intermediate People’s Court publicly announced an appeal for a Bitcoin foreign property damage compensation dispute on May 6, according to Baidu news.  The second Court trial’s findings indicated that Bitcoin is a digital asset and should be protected by the law. All Bitcoin obtained through illegal means should be returned or […]

New Bill Would Presume That Digital Assets Are Not Securities in California

Per new updates to a bill to amend California’s securities law introduced in the state’s legislative body on May 5, the largest economy in the United States and the world’s tech hub may be providing new clarity to crypto owners. Formalizing the Howey Test for crypto? Updates to the definition of what constitutes a security […]

Tax Dollars are Funding Justin Sun’s TRON Blockchain

After two years of extravagant spending, the TRON Foundation received a $2 million handout from the U.S. government. Key Takeaways The U.S. government created the Paycheck Protection Program to help small businesses survive the economic crisis cause by coronavirus. Despite costly acquisitions of several crypto-related startups, Justin Sun’s TRON was included in the relief program. […]

Former DOJ Lawyer Says Class Action Cases Will Benefit Crypto

A former Department of Justice, or DOJ, special counsel explains why his firm has brought twelve class action lawsuits against some of the biggest firms in crypto, and how it will benefit the industry in the long run. Jordan Goldstein, a partner at Selendy & Gay, a firm that joined forces with Roche Cyrulnik Freedman […]

Obama’s Under Secretary for Terrorism Appointed CEO of Libra

May 6, the Libra Association announced the appointment of Obama’s former under secretary for terrorism as its first CEO. Stuart Levey served as an under secretary for terrorism under the administrations of George W. Bush and Barack Obama, focusing on the enforcement of all U.S. anti-money laundering and counter terrorist financing laws by the Financial […]

Italian Banks’ App Shows Financial World is Not Sleeping on Blockchain

Source: Adobe/Rainer Fuhrmann It seems that blockchain applications are getting more common in the financial world, connecting a number of companies and solving their long-standing issues. Another proof of that is an app that will be used by Italian banks. Associazione Bancaria Italiana (ABI), the Italian banking association, has built the Spunta Banca DLT application, […]

Crypto-powered Plastic Surgery, Blockchain Industrial Parks + More News

Source: Adobe/Photocatcher Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news A South Korean company wants to offer crypto and blockchain-powered plastic surgery, and is targeting so-called “medical tourists” – overseas travelers to South Korea who visit in […]

Social Indicators Wax Bullish Leading up to Bitcoin’s Halving

Bitcoin is trending up, which has taken investors by surprise as many anticipated a dump before the upcoming halving. Key Takeaways Betting against the wisdom of the crowd has proved to be a profitable strategy over the years. Now that a significant number of analysts have argued that Bitcoin is bound for a bearish impulse […]

Major Youtuber PewDiePie Leaves Decentralized Platform and 800K Followers

Felix Kjellberg, a.k.a. PewDiePie. Source: a video screenshot, Youtube, PewDiePie After a year of livestreaming exclusively on DLive, a decentralized blockchain-based streaming platform, PewDiePie went back to YouTube. The presumably world’s biggest independent video content creator, whose real name is Felix Kjellberg, who currently has 104 million subscribers on his YouTube channel, and who generated […]