All Roads Lead To Regulation

Tuesday July 26, 2022 – No long ago – almost yesterday – regulators were citing the rise in Cryptocurrency value as reason to heavily regulate the industry.

Now, Cryptocurrency values have plummeted – losing more than $1 Trillion in value in a matter of weeks. And regulators are coming out of the woodwork to impose ever more regulations. All the heavy hitters, who were set to protect Cryptocurrency with political donations are gone.

Attorney Steven A. Leahy looks at the regulatory future of Cryptocurrency on Today’s Tax Talk.

https://time.com/nextadvisor/investing/cryptocurrency/crypto-price-crash-leads-to-regulation/

https://www.justice.gov/opa/pr/ceo-titanium-blockchain-pleads-guilty-21-million-cryptocurrency-fraud-scheme

https://www.bloomberg.com/news/articles/2022-07-26/coinbase-faces-sec-investigation-over-cryptocurrency-listings


Steven A. Leahy is a tax attorney in Illinois. He was the host of the long-running popular Radio Show “The IRS Radio Hour” heard every Sunday evening on AM 560 The Answer. Attorney Leahy is also the author of the book “Deal With Your IRS Problems Today!” You can get a FREE copy of this important book at FreeIRSBook.com. Or Call 24/7 (312)664-6649

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