Ep3. Cryptocurrency issuer considerations & European regulation

03/26/21 • 14 min

In this episode of the Withers talks: cryptocurrency podcast titled, ‘Cryptocurrency issuer considerations & European regulation,’ podcast host Charles Kolstad is joined by Giorgio Vaselli, a tax attorney in our Italian private client and tax team based in Withers’ Milan office, who regularly advises clients invested in cryptocurrencies.
The episode begins with an overview of the key assets and players in the crypto market including payment tokens, security tokens, utility tokens, investors, issuers, miners, wallet providers, exchanges and others. If you’ve wondered how these are defined and fit into the crypto ecosystem, Giorgio’s early comments put these key terms in context. He and Charles also discuss initial coin offerings (ICOs), initial token offerings (ITOs) and the issues they raise for both investors and regulatory bodies, before turning to the European regulatory landscape related to digital assets and cryptocurrencies, key anti-money laundering (AML) directives and recent developments like the European Union’s DAC 7.

Previous Episode

Ep2. What is the future of crypto regulation?

This episode of the Withers talks: cryptocurrency podcast is titled, ‘What is the future of crypto regulation?,’ and focuses on the regulatory landscape for enterprises in the cryptocurrency space as the new Biden administration gains its footing in 2021. Podcast host Charles Kolstad, tax and corporate partner in Withers' Los Angeles office and noted author and speaker on cryptocurrency, and Christopher LaVigne, partner in Withers New York litigation team who has several enterprise clients in cryptocurrency, discuss key regulatory developments and enforcement activity affecting businesses that operate in the US, and what is on the horizon for enterprises in the areas of cryptocurrency regulation and enforcement.

Next Episode

Ep4. Tax considerations for UK crypto investors

This next episode of the Withers talks: cryptocurrency podcast, ‘Tax considerations for UK crypto investors,’ focuses on the current tax landscape and top considerations for crypto investors, day traders and miners in the UK. In a lively discussion between members of our US and UK tax teams, podcast host Charles Kolstad is joined by Lauren Rapeport, an attorney in our private client and tax team based in Withers’ London office, who advises clients invested in cryptocurrencies.

In the UK, Her Majesty's Revenue and Customs (HMRC) have tried to bring crypto assets into the existing tax framework. So what does that mean for crypto investors? Are hardforks and airdrops taxable events? What are the reporting requirements for investors in cryptocurrencies, and how do the tax treatment and approach to enforcement in the UK differ from the US? Listen as Lauren Rapeport and Charles discuss this timely topic in the evolving world of cryptocurrency.