U.S. Regulation

What To Expect from the US House’s ‘Crypto Week’

Cryptocurrencies—and, particularly, stablecoins—are expected to take center stage in Washington, D.C., next week during the House of Representatives' self-proclaimed “Crypto Week.”U.S.…

8 months ago

US Democrats Launch ‘Anti-Crypto Corruption Week’

The political debate over crypto is heating up in Washington, DC. The U.S. House Democrats have launched an “Anti-Crypto Corruption…

8 months ago

IRS Formally Removes Anti-DeFi Broker Rule From Tax Code

The IRS announced Thursday it formally removed a controversial rule from the federal tax code that would have obligated decentralized…

8 months ago

Treasury Department Drops Case Over Ethereum Mixer Tornado Cash

The U.S. Treasury Department and Washington, D.C.-based advocacy group Coin Center have agreed to end an appeal centered on the Ethereum…

8 months ago

SEC Approves Grayscale Index ETF Conversion, Clears Solana, XRP, Cardano For Spot Trading

The Securities and Exchange Commission (SEC) has approved the proposal to convert the Grayscale Digital Large Cap Fund into an exchange-traded…

8 months ago

Ripple Seeks US National Bank Charter Just Days After Circle

Crypto payments firm Ripple confirmed Wednesday that it has filed an application with the Office of the Comptroller of the…

8 months ago

Scammer Posed as Trump-Vance Official to Steal $250K in Crypto, DOJ Says

A scammer located in Nigeria allegedly impersonated a top Trump-Vance Inaugural Committee official and conned a donor out of $250,000…

8 months ago

Ripple, SEC Agree to Mutually Abandon Appeals, Ending 5-Year Legal Battle

Ripple will drop its cross-appeal in its prolonged legal battle with the U.S. Securities and Exchange Commission, signaling an end to…

8 months ago

Fed Chair Sees Crypto Going Mainstream, Expects More Bank Engagement

Federal Reserve Chair Jerome Powell said this week that the crypto industry is becoming more “mainstream” and expects banks to…

8 months ago

Mortgage Giants Fannie Mae, Freddie Mac Directed to Consider Crypto as Valid Assets For Home Loan Eligibility

The US Federal Housing Finance Agency (FHFA) has directed mortgage giants Fannie Mae and Freddie Mac to develop and submit…

9 months ago