Blockchain Technology
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Regulations -
2 days ago
The following is a guest post by Mark Gofaizen, Senior Partner at Gofaizen & Sherle.
As the MiCA regulation that will reshape the crypto industry approaches, crypto companies need to ensure compliance for a smooth transition.
Crypto-asset market...
Blockchain Technology
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Regulations -
4 days ago
The US SEC filed an amended complaint in its case against Justin Sun and other defendants on April 18, arguing that Justin Sun’s alleged visits to the US should grant it the jurisdiction required to pursue legal action.
The regulator alleged th...
Blockchain Technology
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Regulations -
4 days ago
A recent legislative bill introduced by US Senators Cynthia Lummis and Kirsten Gillibrand has drawn the crypto industry’s ire due to a proposed ban on algorithmic stablecoins.
Former Blockchain Association member Jake Chervinsky called the Lumm...
Blockchain Technology
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Regulations -
5 days ago
US Senator Elizabeth Warren said any new crypto regulation, including the newly proposed regulatory framework for the stablecoin market, must include the full suite of anti-money laundering authorities that the Treasury Department requested in Novemb...
Blockchain Technology
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Regulations -
1 week ago
The Arkansas Senate has greenlit a resolution introducing legislation to impose fees on crypto miners for excessive energy consumption, Arkansas Times reported on April 15.
The proposed legislation introduces a tiered fee structure to the emerging in...
Blockchain Technology
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Regulations -
1 week ago
The provincial government of Buenos Aires has formally accused Worldcoin of violating consumer laws through “abusive clauses” in its user agreement.
According to the notice, Worldcoin’s unfair agreement allegedly allows it to interr...
Blockchain Technology
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Regulations -
1 week ago
US Senators Elizabeth Warren and Charles Grassley have formally requested a detailed accounting of all interactions between Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam and disgraced crypto mogul Sam Bankman-Fried (SBF).
The formal...
Blockchain Technology
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Regulations -
1 week ago
UK Economic Secretary to the Treasury Bim Afolami said the country is working on legislation for crypto regulations permitting several activities.
Speaking at the Innovate Finance Global Summit (IFGS) 2024 on April 15, Afolami emphasized the regulato...
Blockchain Technology
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Regulations -
1 week ago
Recent discussions between House leaders and Senate Majority Leader Chuck Schumer may lead to action on stablecoin legislation during this summer’s session or in the year-end lame-duck session, according to investment bank TD Cowen.
House Finan...
Blockchain Technology
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Regulations -
1 week ago
To reveal or not to reveal? That is starting to become the question when it comes to data on the blockchain.
Transparency and immutability might disable the control of data by large power structures, yet on an individual level there remains a desir...
Blockchain Technology
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Regulations -
1 week ago
IRS criminal investigation chief Guy Ficco told CNBC on April 12 that taxpayers are increasingly committing tax crimes involving crypto.
Ficco said the IRS has seen an increase in “pure crypto tax crimes” that fall under Title 26 of the U...
Blockchain Technology
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Regulations -
1 week ago
The European Securities and Markets Authority (ESMA) warned that crypto markets are highly concentrated on April 10.
ESMA said concentration is a concern because a single asset or exchange failure could broadly impact the crypto ecosystem.
According...
Blockchain Technology
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Regulations -
1 week ago
The US SEC has issued a Wells notice to Uniswap Labs, the entity behind the Ethereum-based decentralized exchange, Uniswap.
The notice signals the SEC’s plan to bring a lawsuit against the company for issues related to securities laws.
Hayden A...
Blockchain Technology
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Regulations -
1 week ago
In a pointed critique during a Senate hearing on April 9, Senator Tim Scott accused the current US administration of making digital assets the “scapegoat” in efforts to combat terrorism financing, ignoring more significant, more tradition...
Blockchain Technology
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Regulations -
2 weeks ago
US Treasury Deputy Secretary Adewale Adeyemo said Russia was increasingly using alternative payment mechanisms like Tether’s USDT stablecoin to bypass economic sanctions, according to his written testimony on April 9 to the Senate Banking, Hous...