us-canada


Finance

Credit Karma: Almost No One Is Reporting Crypto Tax Gains

Tax firm Credit Karma reported that less than 1 in 250 users reported cryptocurrency gains or losses on their tax forms.

shutterstock_328402796

Markets

CabbageTech CEO Concedes in CFTC Crypto Fraud Suit

CabbageTech CEO Patrick McDonnell has ceased his fight with the CFTC, potentially affirming the regulator's power to oversee cryptos as commodities.

cftc

Finance

NY Regulator Argues BitLicense Regulation Boosted Businesses

Maria Vullo highlighted the state's early involvement in cryptocurrency. But many think New York's BitLicense desperately needs an overhaul.

nys

Finance

Lawsuit Alleges JPMorgan Chase Overcharged Crypto Buyers

An Idaho resident has sued the bank on behalf of "hundreds or thousands" of affected cryptocurrency investors.

jpmorgan

Markets

Making the Most of Crypto Mining Tax Breaks

From depreciation of rig equipment to a second reporting and tax requirement after mined coins are sold, tax rules for miners can get complicated.

Cryptocurrency mining farm. Credit: Shutterstock

Markets

Ontario Regulator 'Gathering Information' on Crypto Trading Platforms

The province's securities regulator is gathering information after receiving numerous complaints.

Maret

Markets

How to Defend Yourself Against Pump-and-Dumps

Until regulators come up with rules to curb pump-and-dump schemes, investors need to be extra cautious so they don’t get taken for a ride.

(via Shutterstock)

Markets

SEC Sues Public Company That Saw Crypto Stock Price Boost

A publicly traded company that saw its stock price soar after announcing a crypto startup acquisition has been sued by the SEC.

sec

Markets

Most Cryptos Aren't Commodities, Defendants Claim in CFTC Case

Defendants from My Big Coin Pay, which is being sued by the CFTC for fraud, argue that the agency lacks jurisdiction over the case.

(Shutterstock)

Markets

Arizona's Governor Signs Latest Blockchain Bill Into Law

Arizona's governor has signed a new bill into law, enabling corporations to legally store information on a blockchain-based platform.

azflags