Two United States lawmakers have criticized crypto accounting guidelines outlined by the national securities regulator, arguing they places crypto customers at greater risk of loss. The guidelines came from the United States Securities and Exchange […]
The Economic and Commerce Development Department of Puerto Rico (DDEC) has issued a document in which it defines the rules that blockchain projects must follow to receive tax benefits that the state offers companies. The […]
Yaya Fanusie, a cryptocurrency researcher and former CIA analyst, believes the United States government’s relatively slow start on central bank digital currency (CBDC) development may result in it losing its grip on the global financial […]
Marcus Sotiriou, a market analyst at UK-listed digital asset firm GlobalBlock, says the SEC is just starting in its crackdown on crypto. The analyst said this in a note to clients on Monday following regulatory […]
U.S. Treasury Secretary Janet Yellen says “it is critical to put in place a strong regulatory framework” for crypto on the sidelines of the G20 meeting for finance ministers and central bank governors. “We haven’t […]
While FTX customers across the world patiently await Sam Bankman-Fried’s (SBF) legal conclusion in hopes of getting back their investments, users of FTX Japan have started withdrawing all of their funds. On Nov. 7, 2022, […]
Kristin Smith, CEO of crypto industry group Blockchain Association is optimistic of crypto regulation this year. She notes that crypto enforcement actions and settlements have been “behind closed doors” affairs. Crypto regulation should be about […]
U.S. Congressman Tom Emmer has introduced the Central Bank Digital Currency (CBDC) Anti-Surveillance State Act “to halt efforts of unelected bureaucrats” from “stripping Americans of their right to financial privacy.” The bill also prohibits the […]
Blockchain Association’s chief legal officer says “it would be absurd” for a United States court to rule that digital assets on private blockchains are securities, following a federal judge’s decision to allow a lawsuit against […]
Stefan Rust, CEO of Truflation, says the SEC’s ruling about BUSD being a security has no sense legally. The former Bitcoin.com CEO believes there’s a political angle to the action, pointing to Binance’s freezing out […]
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