Legal/Regulations

General Updates

• nov 2018 Edward Snowden Explains Blockchain to His Lawyer — and the Rest of Us

• april 2018 - attached. Diverse views among different regulators, different countries, etc. One of the main questions is how the central banks will propose and develop their digital currencies.

• June 2018 Digital Asset Transactions: When Howey Met Gary (Plastic)

Analogies, the Big Picture, and Considerations for Regulating Crypto

Practicalities

Easy Money? What we learned about regulation when we sold our small Bitcoin fortune
By Tamar Berenblum and Aviv Zohar.

Taxation

• Israel Confirms It Will Tax Bitcoin as Property
• For tax purposes in the U.S., cryptocurrency is treated as property (a capital asset like stocks, bonds, and other investment properties). It is not treated as a currency; it is treated like real estate or gold. (https://cryptocurrencyfacts.com/2017/12/30/the-tax-rules-for-crypto-in-the-u-s-simplified/)
• Turbotax guidance
• Coinbase sending to IRS information on users with trading volume of over USD 20,000 from 2013 to 2015.

Immutability

The Blockchain Immutability Myth

Regulations versus Economics

Collaborative Economy: Market Design and Basic Regulatory Principles by Georgios Petropoulos

Exchanges

Kraken’s Position on Regulation interesting insights from the conversations between regulators and cryptoexchanges

Specific countries' regulations

• South Korea is requiring that anonymous transactions involving cryptocurrencies such as bitcoin be made traceable and that exchanges for digital currencies be subject to a 24.2 percent tax. (https://www.npr.org/sections/thetwo-way/2018/01/23/579880053/whos-trading-bitcoin-south-korea-wants-to-know)

• Министерство финансов РФ опубликовало законопроект о регулировании цифровых активов, в котором, среди прочего, даны определения криптовалютам, включая биткоин, токены, майнинг и ICO. (https://forklog.com/bitkoin-i-kriptovalyuty-v-rossii-opublikovan-zakonoproekt-o-regulirovanii-tsifrovyh-aktivov/)