crypto regulation

US Lawmakers’ Proposed Ban on Algorithmic Stablecoins Draws Industry Backlash

A recent legislative bill introduced by US Senators Cynthia Lummis and Kirsten Gillibrand has drawn the crypto industry’s ire due…

2 years ago

New IRS Draft Tax Form For Crypto Defines Unhosted Wallets as Brokers

The IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets…

2 years ago

Elizabeth Warren Demands U.S. CFTC Chair Explain His Chats With SBF

The head of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Behnam, had a lot of contact with Sam Bankman-Friend,…

2 years ago

Former Terraform Labs CEO Do Kwon, Found Liable For Fraud in SEC Case

A jury found Terraform Labs and its former CEO, Do Kwon, liable for fraud on Friday. The decision came a…

2 years ago

U.K. Regulators Launch Sandbox to Integrate Distributed Ledger Technology with Financial System

The Bank of England (BoE) and the UK Financial Conduct Authority (FCA) have announced the launch of the Digital Securities Sandbox (DSS)…

2 years ago

SEC Enforcement Chief Grewal Addresses Crypto Compliance Concerns

During a recent “SEC Speaks” event, Gurbir Grewal, the Director of the Securities and Exchange Commission’s Division of Enforcement, expressed concerns regarding…

2 years ago

Following Fidelity’s Lead, Grayscale Looks to Add Staking For its Proposed Ethereum ETF

Grayscale Investments is looking to add staking to its proposed spot Ethereum exchange-traded fund, according to a preliminary proxy statement filed…

2 years ago

Sam Bankman-Fried Sentenced to 25 years in Prison, Judge Rips Him as Power-Obsessed Scammer

A Manhattan judge ripped Sam Bankman-Fried as a remorseless scammer obsessed with political power as he sentenced the dethroned crypto…

2 years ago

Wealth Management Giant Fidelity Files for Spot Ethereum ETF With Staking

$4.5 trillion asset management firm Fidelity has filed an S-1 form for a Spot Ethereum ETF with staking included. Indeed,…

2 years ago