Latest from Nikhilesh De
IRS Refused to Clarify Its Crypto Tax Guidance Isn't Binding, US Watchdog Says
The IRS has refused to clarify that part of its 2019 guidance on tax treatment of cryptocurrencies is not binding, a government watchdog said.

US Financial Crimes Watchdog Preparing 'Significant' Crypto Rules, Warns Treasury Secretary Mnuchin
U.S. Treasury Secretary Steven Mnuchin said FinCEN is preparing "significant new requirements" around cryptocurrencies to tamp down illicit activity.

Circle Sells Retail Trading App to Crypto Broker Voyager
Voyager plans to convert 40,000 Circle Invest accounts to its own platform by the end of next month, but promises little disruption to customer experience.

Tether Stablecoin Taps Chainalysis for Anti-Money Laundering Compliance Tools
Tether is using Chainalysis' "Know Your Transaction" tool to create risk profiles for USDT users and monitor potentially suspicious activity.

LabCFTC Wants to Meet FinTech Startups in New York
LabCFTC, the CFTC's fintech research wing, is visiting New York in April to discuss startups' concerns and projects with their teams.

Cryptocurrency Proponent Andrew Yang Ends Presidential Bid
Presidential contender Andrew Yang dropped out of the race Tuesday. He advocated for clear crypto guidelines in the U.S. during his run.

US Authorities Charge Crypto 'Trading Club' Operators With Defrauding 150 Investors
Michael Ackerman and unnamed business partners allegedly defrauded investors of $33M in a crypto-trading scheme targeting doctors.

Joint Venture Launches Canadian Dollar-Pegged Stablecoin for Financial Services
Canada Stablecorp, a joint venture between Mavennet and 3iQ, has begun issuing its QCAD stablecoin in a bid to digitize financial services such as international remittances.

Seed CX Expands European Presence With Euro-Crypto Order Books
Seed CX is adding eight euro-denominated order books to its spot exchange, including bitcoin, ether and the U.S. dollar.

Don’t Fall for It: Scammers Are Impersonating CoinDesk Staff on Social Media
Scammers are posing as CoinDesk reporters, offering articles in turn for payment. CoinDesk does not and will never accept payment for coverage. Don't be fooled.
