Yesterday the US Federal banking regulators published a statement outlining their expectations for crypto-asset safekeeping by banks. They were keen to …
Latest in U.S. Regulation
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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. …
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The political debate over crypto is heating up in Washington, DC. The U.S. House Democrats have launched an “Anti-Crypto Corruption …
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U.S. Regulation
IRS Formally Removes Anti-DeFi Broker Rule From Tax Code
by Terron Goldby Terron GoldThe IRS announced Thursday it formally removed a controversial rule from the federal tax code that would have obligated decentralized …
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U.S. Regulation
Treasury Department Drops Case Over Ethereum Mixer Tornado Cash
by Terron Goldby Terron GoldThe U.S. Treasury Department and Washington, D.C.-based advocacy group Coin Center have agreed to end an appeal centered on the Ethereum …
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U.S. Regulation
SEC Approves Grayscale Index ETF Conversion, Clears Solana, XRP, Cardano For Spot Trading
by Terron Goldby Terron GoldThe Securities and Exchange Commission (SEC) has approved the proposal to convert the Grayscale Digital Large Cap Fund into an exchange-traded …
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U.S. Regulation
Ripple Seeks US National Bank Charter Just Days After Circle
by Terron Goldby Terron GoldCrypto payments firm Ripple confirmed Wednesday that it has filed an application with the Office of the Comptroller of the …
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U.S. Regulation
Scammer Posed as Trump-Vance Official to Steal $250K in Crypto, DOJ Says
by Terron Goldby Terron GoldA scammer located in Nigeria allegedly impersonated a top Trump-Vance Inaugural Committee official and conned a donor out of $250,000 …
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U.S. Regulation
Ripple, SEC Agree to Mutually Abandon Appeals, Ending 5-Year Legal Battle
by Terron Goldby Terron GoldRipple will drop its cross-appeal in its prolonged legal battle with the U.S. Securities and Exchange Commission, signaling an end to …
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U.S. Regulation
Fed Chair Sees Crypto Going Mainstream, Expects More Bank Engagement
by Terron Goldby Terron GoldFederal Reserve Chair Jerome Powell said this week that the crypto industry is becoming more “mainstream” and expects banks to …
