All things considered, cryptocurrency is still a nascent field for which lawmakers and the judiciary have yet to set national governing standards. But a dearth of federal regulations doesn't mean the market is a lawless free-for-all. In fact, several states have already passed cryptocurrency statutes.
Fintech businesses must comply with various SEC regulations and crowdfunding parameters. And if that's not enough, since cryptocurrency is very much a decentralized and global affair, in many instances, investors and businesses must also mind international finance laws.
If you have questions or concerns about a Bitcoin, Ethereum, or altcoin legal issue, our fintech law firm is a resource for solutions. We work with blockchain startups and ICOs, individual investors, venture capital firms, and businesses with cryptocurrency legal concerns.
If you haven't reported your cryptocurrency gains to the IRS, now is the time. They've formed an international crypto tax evasion task force.
Read »The Internal Revenue Service has turned its attention towards Bitcoin ATMs. The agency is focused on tax evasion and money-laundering scams.
Read »The Internal Revenue Service finally released a long-awaited ruling regarding cryptocurrencies. Jump in to learn more and how you will be affected.
Read »The U.S. Securities and Exchange Commission declared that Bitcoin is not a security. Jump in to learn more about the decision and its industry impact.
Read »Cryptocurrency has hit the mainstream! The IRS added a cryptocurrency section to Tax Form 1040. Also, what to do if you haven't reported crypto gains yet.
Read »Last year, Ohio launched a website where businesses could pay certain taxes in Bitcoin. But the state treasurer recently shut it down. But why!?
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