Topic
Digital Currency
4,985 published works
Virtual Currency Report
Mt. Gox to be Liquidated
By John D. Penn, Gary F. Eisenberg
As predicted, the court in Tokyo has ruled that Mt. Gox will be liquidated. An “Announcement of Commencement of Bankruptcy Proceedings” was posted overnight April 24 by the Japanese bankruptcy…
Virtual Currency Report
Federal Election Commission Punts a Second Time on Bitcoin
The Federal Election Commission has, for the second time, postponed ruling on whether political candidates and PACs can accept bitcoins as political contributions, and if so, how they should be treated by…
Securities Law Prof Blog
Conference of State Bank Supervisors (CSBS) and NASAA Release Model State Consumer and Investor Guidance on Virtual Currency
Details available here.
Cyberblog
Video Interview: Discussing the IRS’s Rule on Bitcoin with LXBN TV
LXBN TV interviewed me about the recently announced IRS rules on Bitcoin and the future of the virtual currency. The interview can be found here:
The Venture Alley
Bitcoin is property, not currency, IRS says – Notice leaves many open questions about convertible virtual currencies
By Trent Dykes
Article prepared by and republished courtesy of our colleagues Joseph Langhirt and David Plewa; originally published here: http://www.dlapiper.com/en/us/insights/publications/2014/04/bitcoin-is-property-not-currency/. The Internal Revenue Service has joined several other jurisdictions in publishing guidance regarding the…
Securities Law Prof Blog
Brito, Shadab & Castillo on Bitcoin Regulation
Jerry Brito, Houman B. Shadab, and Andrea Castillo have posted Bitcoin Financial Regulation: Securities, Derivatives, Prediction Markets, & Gambling on SSRN with the following abstract:The next major wave of Bitcoin…
Texas Bankruptcy Blog
Bitcoin Bankruptcy Spills over into the U.S.
By Bryan Fears
The largest bitcoin exchange Mt. Gox lost $473 million in the online currency. This resulted in them filing for bankruptcy protection in Japan (Mt. Gox Co Ltd, U.S. Bankruptcy Court,…
Game Counsel
IRS Says Bitcoin Isn’t Money
On March 25, 2014 the IRS issued Notice 2014-21, which describes how the IRS will interpret existing general tax principles to apply to transactions using “virtual currencies” such as Bitcoin.…
Virtual Currency Report
Congress Holds Small Business Bitcoin Hearing
By Dsu-Wei Yuen, Jacob S. Farber
On April 2, the Small Business Committee of the House of Representatives held a hearing examining the benefits and risks associated with Bitcoin for small businesses. Surprisingly given the forum,…
Virtual Currency Report
Texas Banking Department Provides Definitive Guidance for Virtual Currency in Texas.
The Texas Department of Banking released a “Supervisory Memorandum” on Thursday, April 03, 2014, providing its interpretation of Texas laws on currency exchange and money transmission as applied to virtual currency.…