Compilation of legal and regulatory information
This is the approved revision of this page, as well as being the most recent.
This page will be a compilation of various legal and regulatory information and cases along the world. Add new information and stories to the top of the relevant country section. See also on bitcointalk.
- March 18: FinCEN issues regulatory guidance stating that "a user of virtual currency is not an MSB ... however an administrator or exchanger is an MSB".
- July 23: In the case of Trendon Shavers' Bitcoin Savings & Trust ponzi scheme, a Texas court rules that "Bitcoin is a currency or form of money".
- August 12: New York regulators subpoena multiple Bitcoin firms in probe on criminal risk.
- August 27: The Bitcoin Foundation meets with US regulators and law enforcement.
- November 7: Judge orders CoinLab to pay back Bitcoin to Bitvestment.
- February 27: In Florida, Michell Abner Espinoza and Pascal Reid are charged with money laundering for selling Bitcoins to undercover agent on LocalBitcoins.
- March 25: IRS issues clarification to tax digital currencies as property, not currency.
- April 14: Charlie Shrem indicted on federal charges of money laundering.
- April 29: FinCEN issues rulings that say cloud mining and escrow services are not money transmitters.
- August 1: Bitcoin Foundation urges court to dismiss money laundering charges in Florida LocalBitcoins case
- July 22: Florida 11th Judicial Court rules "Bitcoin is not money" and the defendant is declared not guilty of money laundering.
- June 21: US Supreme Court justice mentions that "Bitcoin could someday be a medium of exchange".
- July 9: In California, Theresa Lynn Tetley is sentenced to 1 year in prison for Bitcoin money laundering for exchanging Bitcoins for cash without registering as a money services business with FinCEN.
- January 30: In the State v. Espinoza case, the State of Florida appealed the earlier 2016 decision, and Florida's Third District Court of Appeals decided that selling Bitcoin to another person is required to comply with money transmitter laws, reversing the earlier 2016 decision.
- June 3: In San Diego, Morgan Rockoon sentenced to 21 months in prison by a US district judge for exchanging Bitcoin on LocalBitcoins without a license.
- October 11: The IRS adds new question on virtual currencies to income tax form.
- December 25: US Representative Paul Grosar (R-AZ) introduces the Crypto-Currency Act of 2020 that aims to define the regulatory bodies responsible for various tokens.
- May 21: Canadian regulators take the stance that Bitcoin exchanges are not considered Money Service Businesses.
- July 30: The Thailand Central Bank wrongfully interprets law as "Bitcoin illegal in Thailand".
- January 22: The UK tax authority HMRC seeks blockchain analytics tools to help track crypto users for criminal activity.
- January 21: The Reserve Bank of India makes a clarifying statement that it has not banned Bitcoin in India.
See Also on BitcoinWiki