Tag Archives: IRS

IRS Issues New Cryptocurrency Guidance

On Oct. 9, 2019, the Internal Revenue Service (IRS) released revenue ruling (Rev. Rul. 2019-24) and a Frequently Asked Questions (FAQs) document, which provide additional guidance on the tax treatment and reporting obligations for transactions involving virtual currency (also known as cryptocurrency). This guidance supplements the original guidance that was issued in 2014 in the … Continue Reading

Regulators Weigh in on Digital Assets, Tokens, Securities, and Derivative Instruments Used in ICOs

The rise of blockchain technology ventures raising money preternaturally through initial coin offerings and token generation events (collectively, ICOs) is a capital formation disruptor, one which has and will continue to spawn considerable futures, fortunes, failures — and frauds. Blockchain-based ICOs have, through 121 offerings closed during January-August 2017, raised over $1.78 billion, with an … Continue Reading

Wendy Li to Speak at the Annual Saratoga Institute on Equine, Racing & Gaming Law Conference

Wendy Li, shareholder of Greenberg Traurig, will be speaking at the 15th Annual Saratoga Institute on Equine, Racing & Gaming Law Conference at Saratoga Springs, New York from August 11-12. The annual program organized by the Government Law Center of Albany Law School, is dedicated to exploring the legal and public policy implications of racing … Continue Reading
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