Search Results: Digital Currency

Central District of California Authorizes Service of John Doe Summons on Cryptocurrency Dealer

On August 15, 2022, the United States District Court for the Central District of California authorized the IRS to serve a “John Doe” summons on Ox Labs Inc., a cryptocurrency prime dealer doing business as SFOX. The John Doe summons calls for Ox Labs to divulge information about U.S. taxpayers who engaged in…

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Germany Introduces New Rules on Crypto Funds

Germany has introduced a new regulation on crypto fund units (Verordnung über Kryptofondsanteile – KryptoFAV), that allows fund managers to issue fund units on an electronic instead of a physical basis. The new rules come less than one year after the Fund Location Act (Fondsstandortgesetz) allowed institutional investors to invest…

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SEC Enforcement Broadens its Crypto Focus

Digital Currency Perspectives authors Alexis Coll-Very, Grant Fondo and Robert Tiefenbrun recently posted an alert regarding the SEC announcement that it settled charges against NVIDIA Corporation. The SEC has alleged that the company’s disclosures regarding the impacts of increased use of its gaming products by cryptocurrency miners were inadequate and…

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