Balance of Payments Manual, Seventh Edition (BPM7), cryptocurrencies like Bitcoin (BTC) are now classified as non-produced nonfinancial assets, while certain …
Latest in crypto regulation
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Global Adoption
Australia Plans Crypto Regulations Targeting Custody, Stablecoin Issuance
by Terron Goldby Terron GoldAustralia’s Treasury published high level plans for the regulation of the digital assets sector. It’s less concerned about the issuance of …
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U.S. Regulation
SEC Commissioners Promises New Crypto Rules at First Roundtable
by Terron Goldby Terron GoldThe U.S. Securities and Exchange Commission (SEC) is finally sitting down with the crypto industry to figure out how to …
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The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has removed Tornado Cash, a crypto mixing service, from its Specially …
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U.S. Regulation
President Trump Will Reportedly Speak at the Digital Asset Summit
by Terron Goldby Terron GoldPresident Trump Will Reportedly Speak at the Digital Asset Summit His morning speech will be the first time a sitting …
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U.S. Regulation
U.S. Treasury Met With Three Crypto Firms to Decide Custody of Bitcoin Reserve
by Terron Goldby Terron GoldThe U.S. Treasury Department held meetings this week with top executives from three crypto custody firms to discuss safeguarding the …
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U.S. Regulation
U.S. House & Senate Lawmakers Reintroduce Bitcoin Act Legislation to Accumulate 1 Million BTC
by Terron Goldby Terron GoldSenator Cynthia Lummis reintroduced legislation that would authorize the US government to acquire up to 1 million Bitcoin (BTC), formalizing President …
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Global Adoption
Ripple’s Becomes First Blockchain to Acquire Dubai Regulatory Approval for Cross-Border Payment
by Terron Goldby Terron GoldRipple has achieved a significant regulatory milestone by securing a license from the Dubai Financial Services Authority (DFSA), making it …
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Global Adoption
Japanese Bill Plans to Expand Stablecoin Assets, Other Crypto Changes
by Terron Goldby Terron GoldLast week Japan’s Financial Services Agency disclosed that a new Bill has been submitted to the National Diet to update the Payment …
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U.S. Regulation
Senate Banking Committee to Vote on Bipartisan ‘Genius’ Stablecoin Bill This Week
by Terron Goldby Terron GoldThis week, the U.S. Senate Banking Committee plans to vote on a bipartisan bill aimed at regulating stablecoins and enhancing …
