Zachary Kelman joins Cointelegraph as general counsel
Zachary has been a contributing writer for Cointelegraph since 2019. He is an early crypto adopter and managing partner of crypto-native law firm Kelman PLLC. Cointelegraph, the world's foremost source of news and information on the future of finance, is pleased to announce the addition of Zachary Kelman as general counsel. Kelman is an early adopter of cryptocurrency and is the managing partner of crypto-native law firm Kelman PLLC. He is a New York-licensed attorney specializing in political, legal and regulatory issues surrounding Bitcoin, digital currencies and blockchain....
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According to Zachary Kelman, Republicans and moderate Democrats may know the tax reporting requirements for crypto firms are impossible, but want to have a provision to fund some of the projects without raising taxes. Zachary Kelman, the general counsel for Cointelegraph, said that the political fight over the tax implications for crypto in the infrastructure bill is nothing new, as it’s likely about how lawmakers plan to pay for everything.In an interview with Cointelegraph's Jackson DuMont, Kelman claimed that Senators pushing the crypto language in the infrastructure bill — which....
Editor’s Note: This article has been modified to correct some factual inaccuracies. ItBit is not governed by BitLicense, it operates in the state of New York under a trust charter. Following the path of his colleague Benjamin Lawsky, former New York Department of Financial Services general counsel Daniel Alter has moved into the private sector, joining itBit as the Bitcoin exchange’s general counsel. This former NYDFS regulator will also work as itBit’s Chief Compliance Officer. In these new positions, Alter will play an ‘active role’ in working with regulators as they seek to inform their....
Miami has a dynamic mayor, lots of VC money and is coming off the largest ever crypto extravaganza, but is that enough without legal clarity? As Miami comes down from the “high” of having hosted the “largest-ever” Bitcoin event, it seems reasonable to ask: Does the Sunshine State’s entrepot really have what it takes to become “the world’s cryptocurrency capital?” — a new role foreseen by its dynamic mayor. If not, could Miami at least become the next Crypto Valley — i.e., a cradle for cryptocurrency and blockchain innovation like the Swiss canton of Zug?The optics certainly look good. As....
Payment exchange network Ripple Labs recently appointed Norman Reed as its general counsel. A law graduate from Columbia University, Reed started his career at a large international firm where he worked for three years. He later joined the prestigious Federal Reserve Bank of New York, where he got to know Karen Gifford - Ripple Labs's Chief Compliance Officer, also a former New York Fed. "In the wake of BCCI - along with some other shifty things happening in the early 1990s in the banking industry - the Fed wanted to start up an enforcement group styled after the SEC enforcement group,"....
Leading law firm Pillsbury has announced that digital currency expert Patrick Murck is joining its team as the special counsel in the firm's Washington, DC office. Murck is a name to reckon with in the field of digital currency and is a former Executive Director and General Counsel of the Bitcoin Foundation and is also one of its founders. He will join the Pillsbury's Digital Currency and Blockchain Technology Focus Team under the leadership of Marco Santori. Murck expressed excitement over his inclusion and also said that "Pillsbury has been a leader in addressing the legal issues around....