Wiley Nickel and Drew Ferguson made a notable attempt to simplify the taxation of digital assets by introducing the Providing Tax Clarity …
Latest in crypto regulation
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U.S. Regulation
Consensys Sues SEC Over Ethereum Classification, Calls For Regulatory Clarity
by Terron Goldby Terron GoldConsensys, the technology firm behind major Web3 projects like MetaMask and Infura, has filed a lawsuit against the U.S. Securities …
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U.S. Regulation
SEC Lawyers Resign After ‘Gross Abuse’ of Power in Debt Box Crypto Case
by Terron Goldby Terron GoldTwo lawyers for the U.S. Securities and Exchange Commission (SEC) were forced to resign after a federal judge sanctioned the …
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U.S. Regulation
US Lawmakers’ Proposed Ban on Algorithmic Stablecoins Draws Industry Backlash
by Terron Goldby Terron GoldA recent legislative bill introduced by US Senators Cynthia Lummis and Kirsten Gillibrand has drawn the crypto industry’s ire due …
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U.S. Regulation
New IRS Draft Tax Form For Crypto Defines Unhosted Wallets as Brokers
by Terron Goldby Terron GoldThe IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets …
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U.S. Regulation
Elizabeth Warren Demands U.S. CFTC Chair Explain His Chats With SBF
by Terron Goldby Terron GoldThe head of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Behnam, had a lot of contact with Sam Bankman-Friend, …
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U.S. Regulation
Former Terraform Labs CEO Do Kwon, Found Liable For Fraud in SEC Case
by Terron Goldby Terron GoldA jury found Terraform Labs and its former CEO, Do Kwon, liable for fraud on Friday.The decision came a few …
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Global Adoption
U.K. Regulators Launch Sandbox to Integrate Distributed Ledger Technology with Financial System
by Terron Goldby Terron GoldThe Bank of England (BoE) and the UK Financial Conduct Authority (FCA) have announced the launch of the Digital Securities Sandbox (DSS) …
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U.S. Regulation
SEC Enforcement Chief Grewal Addresses Crypto Compliance Concerns
by Terron Goldby Terron GoldDuring a recent “SEC Speaks” event, Gurbir Grewal, the Director of the Securities and Exchange Commission’s Division of Enforcement, expressed concerns regarding …
