President Donald Trump signed a bipartisan bill revoking an Internal Revenue Service (IRS) rule that classified decentralized finance (DeFi) platforms as brokers. This major change in US tax […]
Trump Signs First Crypto Bill, Repealing IRS DeFi Tax Rule
In a groundbreaking move for the US crypto industry, President Donald Trump signed a new law that repeals the controversial IRS regulation targeting decentralized finance (DeFi) platforms. This […]
SEC and Ripple Reach Preliminary Deal: XRP Market Clarity Awaits
The SEC and Ripple have reached a preliminary settlement, pausing all legal proceedings. As part of this agreement, Ripple will pay a reduced fine of $50 million, down […]
SEC Drops Lawsuit Against Helium’s Nova Labs: Boosting Regulatory Clarity and Token Value
The U.S. Securities and Exchange Commission (SEC) has dismissed its lawsuit against Helium’s Nova Labs, clearing the air for the cryptocurrency project and signaling a positive shift in […]
Grayscale and Osprey Settle Lawsuit Over Bitcoin ETF Promotion
Asset managers Grayscale Investments and Osprey Funds have reached an agreement to resolve their two-year legal dispute regarding advertising and promotion of Grayscale’s Bitcoin exchange-traded fund (ETF). The […]
Illinois Senate Enacts Bill to Safeguard Cryptocurrency Investors
The Illinois Senate voted unanimously in favor of a bill aimed at preventing fraudulent practices within the cryptocurrency market. This legislation, officially known as the Digital Assets and […]
SEC Withdraws Lawsuit Against Helium Developer, Impacting Token Values Positively
The U.S. Securities and Exchange Commission (SEC) has dropped its lawsuit against Nova Labs, the company behind the Helium decentralized wireless network. This decision comes amidst leadership changes […]
Ripple and SEC Aim for Negotiation Amidst Legal Battle
Ripple Labs and the U.S. Securities and Exchange Commission (SEC) are taking a step towards resolution in their ongoing legal dispute. Both parties have jointly requested a temporary […]
Trump Repeals DeFi Broker Rule, Sparking Optimism in U.S. Crypto Landscape
President Trump’s repeal of the DeFi broker rule on October 2, 2023, marks a significant shift in U.S. crypto regulation. This move signals a pro-innovation stance and could […]
Trump Overrules IRS Crypto Rule, Boosting DeFi Adoption
President Donald Trump has signed legislation repealing a contentious IRS regulation that impacted decentralized finance (DeFi) platforms. The rule, enacted at the end of President Biden’s administration, sought […]
U.S. SEC Drops Case Against Nova Labs, Bringing Clarity to Helium Network
The U.S. Securities and Exchange Commission (SEC) has dropped its case against Nova Labs, the company behind the Helium network, ending a long-standing legal battle over whether their […]
SEC Drops Lawsuit Against Nova Labs: Relief for Helium Ecosystem
In a significant development that has sent positive ripples through the cryptocurrency community, the U.S. Securities and Exchange Commission (SEC) has dropped its lawsuit against Nova Labs, the […]
New York’s Attorney General Advocates for Robust Crypto Regulation
In a move to bolster investor protection, New York’s Attorney General, Letitia James, has urged Congress to enact stricter regulations for cryptocurrencies. She warns that unchecked digital currencies […]
SEC Drops Lawsuit Against Helium Over Security Allegations
The US Securities and Exchange Commission (SEC) has officially dismissed its lawsuit against Helium, the developer behind the decentralized wireless network, for allegedly offering unregistered securities. The dismissal, […]
Bitpanda Secures Third MiCA License: Regulatory Strategy Raises Questions in the EU
Austria-based cryptocurrency platform, Bitpanda, has secured its third MiCA license, adding to a growing list of approvals from Germany, Malta and Austria’s Financial Market Authority (FMA). This latest […]