On June 26th, 2018, the Cboe submitted a Bitcoin ETF proposal to the U.S. Securities and Exchange Commission. In order to better understand the public sentiment, the SEC publically shared the submitted document with an invitation to comment.
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Regulation - 15 hours ago
A 21-year-old bitcoin dealer from California is being prosecuted for allegedly committing numerous counts of illegal money transmission and money laundering. According to an announcement from the Department of Justice in the Southern District of California, Jacob Burrell Campos was ordered to be held without bail at a hearing on Friday in connection to the charges. Based on a court filing against him entered on Aug. 8 and unsealed over the weekend, the prosecutors alleged that, from January 2015 to April 2016, Burrell sold about $750,000 worth of bitcoin to 900 individuals in the U.S. via his bitcoin exchange service.
21-Year-Old Trader Prosecuted Over Bitcoin Money Laundering - CoinDesk
A cryptocurrency dealer is being prosecuted in the U.S. for allegedly committing 30 counts of money laundering involving bitcoin.
Regulation - 5 days ago
The just-published research found that the number of businesses with bitcoin ATMs in Canada is small but growing. Researchers found about 300 such businesses across the country and surveyed 20 of them for the study. And it shot down a theory that early adopters of these types of machines would be cryptocurrency enthusiasts. "Most put in the bitcoin ATM simply to try to help their business — the two most common reasons being to increase store traffic and to get some income from the bitcoin ATM operator," the report noted.
CRA surveyed businesses to find out why they're taking bitcoin ATMs | CBC News
Canada's tax agency commissioned research on businesses that installed bitcoin automated tellers on their premises. The CRA said it wanted to understand “the perceived value it brings to businesses and their customers, and attitudes towards tax compliance in the crypto-commercial sphere.”
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