Blockchain Takes Over The Cyberlaw Podcast - a podcast by Steptoe & Johnson LLP

from 2018-05-21T00:00

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In our 217th episode of The Cyberlaw Podcast Alan Cohn, Jack Hayes, Lisa Zarlenga and Chelsea Parker take over the podcast. Jack discusses the status of regulation surrounding cryptocurrencies including anti-money laundering and sanctions compliance, the Department of Treasury’s letter regarding initial coin offerings (ICOs), and the New York Attorney General’s questionnaire for cryptocurrency exchanges. Lisa provides an overview of tax issues surrounding cryptocurrency from establishing basis to hard forks to airdrops. Lisa also highlights the changes in regulation surrounding like-kind exchanges due to the 2018 Tax Reform Bill and questions surrounding the taxation of tokens. Chelsea discusses trends coming out of New York Blockchain Week 2018 and Consensus 2018. Alan Cohn highlights Steptoe’s panel “Blockchain in Supply Chain, Navigating the Legal Waters” at Consensus 2018 and gives an overview of he and Lisa's presentations on the tax treatment of digital currencies and tokens at the Accounting Blockchain Coalition’s conference. The panelists also highlight where they see the industry going next in terms of adoption and regulation. The views expressed in this podcast are those of the speakers and do not reflect the opinions of the firm.

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