The Block has reported that sources tell it Binance’s Shanghai office has been shut down following a police raid.
CryptoCurrency News from around the World and beyond. This section focuses on what is happening with cryptocurrency now. So that is things like countries embracing or rejecting cryptos, price milestones for Bitcoin and Alts, new ICOs, upcoming forks, etc.
CME Group announced options on its Bitcoin futures contracts will be available for trading starting Jan. 13, 2020, pending regulatory review.
Coinbase now offers Tezos (XTZ) staking. That means you can now earn XTZ by keeping your XTZ on Coinbase!
Huobi Global is following most major non-US exchanges in banning US customers. US accounts will be frozen Nov 13.
The Stellar Development Foundation, the foundation behind XLM, burned 55 billion XLM (over 50% of the total supply).
The Grayscale Digital Large Cap Fund (GDLCF) will begin trading soon according to a recent announcement and FINRA approval.
A number of founding Libra members have dropped out following a letter from Congress.
CFTC Chairman Heath Tarbert stated that he believes Ether (ETH), better known as Ethereum, is a commodity. He also thinks that ETH futures will come soon.
The SEC rejected the Bitwise ETF. This is par for course. However, they also took the opportunity to write a 122 order on the matter.
The IRS has released new tax guidance on cryptocurrency. Rev. Rul. 2019-24 covers forks and airdrops. The gist is both count as gross income when you claim or receive them.