The Illinois Senate has approved a groundbreaking bill aiming to regulate crypto businesses and curb fraud in the state. Dubbed the “Digital Assets and Consumer Protection Act” (SB […]
Japan Introduces New Framework for Regulating Crypto Assets
The Financial Services Agency (FSA) of Japan has released a discussion paper outlining a new framework for regulating cryptocurrencies. This framework categorizes digital assets into two distinct groups […]
Block Inc. Fined $40 Million for Cash App Compliance Failures
Digital payments company Block, led by Twitter co-founder Jack Dorsey, has been fined $40 million by the New York State Department of Financial Services (NYDFS) for allegedly violating […]
Trump Repeals DeFi Reporting Rule with Congressional Action
President Donald Trump signed a joint congressional resolution on April 10th, effectively overturning an IRS reporting rule that required decentralized finance (DeFi) platforms to disclose their cryptocurrency sales […]
New York AG Calls for Federal Crypto Regulation to Protect Investors and Market Stability
New York Attorney General Letitia James urged Congress to enact federal cryptocurrency laws, emphasizing the need for a unified regulatory framework to safeguard market stability amidst concerns about […]
Block Inc. Pays $40 Million to Resolve NYDFS Compliance Violations
Block Inc., led by Jack Dorsey, has agreed to pay a $40 million settlement to the New York Department of Financial Services (NYDFS) for failing to comply with […]
House Hearing Examines Digital Asset Regulation Reform
The US House of Representatives held a hearing on September 28, 2023, to explore potential policy changes that could significantly impact the cryptocurrency market. The aim is to […]
Moscow Introduces Crypto Mining Tax Calculator for Russian Miners
To improve compliance and reporting accuracy for Russian miners, Moscow has launched a new tax calculator specifically designed for them. This tool aims to align mining activities with […]
Bitcoin Market Swings Amidst Regulatory Turmoil in Singapore
Bitcoin prices experienced sharp fluctuations today after regulatory changes announced at a financial summit in Singapore. These new measures, aiming to increase transparency but generating immediate market reactions, […]
Bitcoin Volatility: Regulatory Concerns Fuel Price Fluctuations
Recent price fluctuations in Bitcoin market are fueled by intensified global regulatory actions aimed at the cryptocurrency industry. These actions, which involve tighter restrictions on exchanges and transactions […]
U.S. Crypto Regulation Sparks Industry Concerns: New Rules Aim for Increased Oversight
The U.S. government has proposed new regulations regarding cryptocurrencies, aiming to increase oversight and transparency to address concerns about illicit activities like money laundering. These measures have drawn […]
SEC Announces Cryptocurrency Regulation Roundtable Agenda
The U.S. Securities and Exchange Commission (SEC) has unveiled the agenda and list of panelists for its upcoming roundtable discussion on cryptocurrency regulation. Dubbed ‘Dilemmas: Tailoring Regulatory Measures […]
Bitcoin Price Surge Amidst Regulatory Shifts
Recent announcements from global regulatory bodies regarding cryptocurrency regulations have led to a notable increase in Bitcoin prices, signaling potential shifts in the cryptocurrency market’s landscape. These new […]
Hong Kong Unveils New Virtual Asset Policy by 2025
Hong Kong is set to launch a comprehensive regulatory framework governing virtual assets by the end of 2025, aiming for enhanced financial security and transparency. This significant policy […]
Congress Weighs Stablecoin Regulation: Bills Shape Digital Currency Landscape
The US Congress is actively debating competing bills to regulate stablecoins, a move with significant implications for the digital currency landscape and financial stability.