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. …
Latest in crypto regulation
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U.S. Regulation
SEC Scraps SAB 121 Rule, Easing Crypto Custody Accounting For Banks
by Terron Goldby Terron GoldThe US SEC has issued Staff Accounting Bulletin No. 122 (SAB 122), rescinding specific accounting guidance for custodial crypto assets previously addressed …
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U.S. Regulation
SEC Forms New Crypto Task Force Spearheaded by Hester Peirce
by Terron Goldby Terron GoldGary Gensler only officially stepped down as chairman of the U.S. Securities and Exchange Commission (SEC) yesterday, but the federal …
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U.S. Regulation
Coinbase Win Legal fight Against SEC Over Crypto Regulations
by Terron Goldby Terron GoldYesterday, the U.S. Securities and Exchange Commission (SEC) took a legal blow in its legal battle with Coinbase. According to …
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U.S. Regulation
SEC Appeals Ripple Ruling, Seeks Reversal on XRP Classification
by Terron Goldby Terron GoldThe U.S. Securities and Exchange Commission has formally filed an appeal in its legal battle with Ripple Labs, challenging a …
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U.S. Regulation
Rep. Tom Emmer Named Vice Chair of Digital Assets Subcommittee, Pledges US-Led Innovation
by Terron Goldby Terron GoldPro-crypto congressman Rep. Tom Emmer (R-MN) has been appointed vice chairman of the House Subcommittee on Digital Assets, Financial Technology, …
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U.S. Regulation
President-elect Trump Plans to Issue a Crypto Executive Order, Starting With a Presidential Crypto Council
by Terron Goldby Terron GoldPresident-elect Donald Trump is poised to issue a crypto-related executive order within the opening hours of his second term, sources …
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U.S. Regulation
Coinbase Gains Major Court Win in SEC Legal Battle Over Securities Law
by Terron Goldby Terron GoldA US judge has temporarily halted proceedings in the legal case between Coinbase and the SEC, allowing the crypto exchange …
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Global Adoption
Tether’s USDT Faces Possible Delisting in Europe Ahead of MiCA Implementation
by Terron Goldby Terron GoldTether’s flagship stablecoin, USDT, is under increased scrutiny in the European Union as the region’s landmark Markets in Crypto-Assets (MiCA) …
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U.S. Regulation
US IRS Finalizes Controversial Tax Rule Requiring ‘DeFi Brokers’ to Collect User Trading Information
by Terron Goldby Terron GoldThe U.S. Internal Revenue Service has finalized rules requiring certain brokers in decentralized finance to report on gross proceeds in …