The Federal Deposit Insurance Corporation (FDIC), which oversees banks in the U.S., has issued 790 pages of new documents regarding …
Latest in crypto regulation
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Global Adoption
Gwacheon City in South Korea Introduces System to Seize Crypto From Tax Dodgers
by Terron Goldby Terron GoldThe Gwacheon City in South Korea will roll out a virtual asset electronic seizure system next month to track and …
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U.S. Regulation
Senator Bill Hagerty Proposes Legislation For Stablecoin Framework
by Terron Goldby Terron GoldSenator Bill Hagerty will introduce legislation Tuesday to create a comprehensive regulatory framework for stablecoins, marking the latest Republican push …
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U.S. Regulation
SEC Commissioner Hester Peirce Lays Out 10 Priorities for New Crypto Task Force
by Terron Goldby Terron GoldThe U.S. Securities and Exchange Commission’s (SEC) newly-created Crypto Task Force is working to create long-awaited regulatory clarity for the …
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U.S. Regulation
Fed Chair Jerome Powell Says US Banks ‘Perfectly Able’ to Serve Crypto Customers
by Terron Goldby Terron GoldThe Federal Reserve signaled Wednesday that servicing the cryptosphere shouldn’t be off-limits for U.S. banks, whether that involves catering to …
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Gary Gensler, the former chair of the US Securities and Exchange Commission (SEC), has rejoined the Massachusetts Institute of Technology …
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U.S. Regulation
SEC Removes Ripple Lawsuit From its Website as Case Moves to Appeals Court
by Terron Goldby Terron GoldThe SEC has removed Ripple-related civil actions from its website as the lawsuit advances to the Court of Appeals for the …
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U.S. Regulation
Eric Trump Announces Zero Tax for U.S. Crypto Investors
by Terron Goldby Terron GoldEric Trump recently mentioned that there will soon be no capital gains tax for US-based crypto projects like XRP and …
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U.S. Regulation
Elon Musk Explores Blockchain For Federal Efficiency Through D.O.G.E
by Terron Goldby Terron GoldElon 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. …
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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 …