The U.S. House of Representatives voted Wednesday to approve a resolution rejecting Securities and Exchange Commission (SEC) cryptocurrency accounting guidance that …
Latest in crypto regulation
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U.S. Regulation
Robinhood Crypto Says SEC Has ‘Weak’ Case in Response to Wells Notice
by Terron Goldby Terron GoldRobinhood Crypto, the digital assets arm of the popular stock trading app, said Monday that it had received a Wells …
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Global Adoption
Nigeria Poised to Outlaw P2P Crypto Trading Over National Security Concerns
by Terron Goldby Terron GoldNigeria’s National Security Adviser (NSA) is set to label crypto trading as a national security threat, signaling an impending crackdown …
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U.S. Regulation
Feds Are Investigating Jack Dorsey’s Block Over it’s Bitcoin Business
by Terron Goldby Terron GoldAmid an apparently growing crackdown on the crypto industry from American regulators, U.S. prosecutors are reportedly investigating Block, the Jack …
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U.S. Regulation
New Legislation Aims to Simplify Tax Rules for Staking Rewards
by Terron Goldby Terron GoldWiley Nickel and Drew Ferguson made a notable attempt to simplify the taxation of digital assets by introducing the Providing Tax Clarity …
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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, …
