U.S. Regulation

Illinois May Become First U.S. State with an Official Bitcoin Reserve

On Jan. 29, the Bitcoin Strategic Bill was referred to the Rules Committee to establish regulations and fast-track its approval process. Illinois State…

2 years ago

Fed Chair Jerome Powell Says US Banks ‘Perfectly Able’ to Serve Crypto Customers

The Federal Reserve signaled Wednesday that servicing the cryptosphere shouldn’t be off-limits for U.S. banks, whether that involves catering to…

2 years ago

South Dakota Seeks to Establish Bitcoin Reserve as More States Join the Trend

South Dakota is expected to begin debating a bill that seeks to add Bitcoin to its financial reserves, a move…

2 years ago

Bitwise Files for Dogecoin ETF Amid Shifting US Regulations

Crypto asset manager Bitwise has applied to launch a Dogecoin exchange-traded fund amid further signs U.S. policymakers are warming to…

2 years ago

SEC Removes Ripple Lawsuit From its Website as Case Moves to Appeals Court

The SEC has removed Ripple-related civil actions from its website as the lawsuit advances to the Court of Appeals for the…

2 years ago

Eric Trump Announces Zero Tax for U.S. Crypto Investors

Eric Trump recently mentioned that there will soon be no capital gains tax for US-based crypto projects like XRP and…

2 years ago

Elon Musk Explores Blockchain For Federal Efficiency Through D.O.G.E

Elon Musk is exploring the use of blockchain technology at the Department of Government Efficiency (D.O.G.E), Bloomberg reported Saturday, citing sources familiar with the matter.…

2 years ago

SEC Scraps SAB 121 Rule, Easing Crypto Custody Accounting For Banks

The US SEC has issued Staff Accounting Bulletin No. 122 (SAB 122), rescinding specific accounting guidance for custodial crypto assets previously addressed…

2 years ago

House Dems Warn of Corruption in Trump’s Crypto Business Moves

The crypto industry is waiting for President Donald Trump to issue an executive order that will steer the federal government…

2 years ago

Texas District Court Rules Against Treasury’s Sanctions on Tornado Cash

A federal court in Texas ruled Tuesday that the U.S. Treasury overstepped its authority by sanctioning decentralized crypto mixer Tornado…

2 years ago