President Trump has signed legislation granting DeFi platforms immunity from IRS oversight, a move with significant implications for the U.S. cryptocurrency market. This new law effectively shields DeFi […]
New York AG Urges Congressional Action on Crypto Regulation
New York Attorney General Letitia James has issued a call to action for Congress, urging them to strengthen cryptocurrency regulation amidst concerns about the industry’s volatility and lack […]
Block Inc. Fined $40 Million Over Cash App Compliance Failures
Digital payments company Block Inc., formerly known as Square, has agreed to pay a $40 million settlement with the New York Department of Financial Services (NYDFS) due to […]
Trump’s Signature Signals New Dawn for US Cryptocurrency Regulation
In a historic move, President Trump signed legislation removing IRS oversight of decentralized finance (DeFi), paving the way for greater regulatory clarity in the cryptocurrency sector. This signifies […]
Hong Kong Unveils Virtual Asset Regulation Roadmap for Innovation and Stability
The Hong Kong Securities and Futures Commission (SFC) has released a new virtual asset regulation roadmap, outlining a balanced approach to fostering innovation while mitigating systemic risks. Known […]
UK Cryptocurrency Tax Policy Under Fire: Industry Warns of Potential Disruption
The UK government has implemented a new cryptocurrency tax policy aiming to increase transparency and compliance within the industry. This policy, announced by the Treasury in London, comes […]
Trump Upholds DeFi Privacy: Reverses IRS Rule Requiring Data Reporting
President Donald Trump signed a resolution overturning an IRS rule that sought to impose stricter tax reporting requirements on decentralized finance (DeFi) platforms, thereby protecting the privacy and […]
IRS Repeals DeFi Tax Rules: A Paradigm Shift for Decentralized Finance
The US Congress has repealed the previous administration’s regulatory framework targeting decentralized finance (DeFi) platforms. This significant shift marks a turning point in the cryptocurrency landscape, potentially reshaping […]
Trump Signs Landmark Crypto Bill into Law, Revolutionizing U.S. Cryptocurrency Landscape
U.S. President Donald Trump signed a landmark cryptocurrency bill, enacting significant regulatory shifts in the crypto market. This legislation repeals rules governing decentralized finance (DeFi) brokers, paving the […]
Trump Overturns IRS Cryptocurrency Reporting Mandate
President Donald Trump has signed a bill repealing a controversial rule requiring cryptocurrency brokers to report user transaction details to the IRS. The rule, which was finalized during […]
New York AG Calls for Federal Crypto Regulations
In a letter to U.S. Congressional leaders, New York Attorney General Letitia James urges the implementation of comprehensive federal regulations for the cryptocurrency industry. She argues that unregulated […]
NY AG Calls for Strict Crypto Regulations in Pensions – ‘No Intrinsic Value’
New York Attorney General Letitia James has issued a letter to US Congressional leaders urging for robust federal crypto regulations. This call for action comes as James urges […]
Trump Signs Bill Repealing Controversial DeFi Rule, Boosting Crypto Industry
US President Donald Trump has signed legislation repealing the controversial IRS DeFi rule for crypto platforms. The bill, passed by Congress and signed on April 10th, marks a […]
Crypto Market Soars: Will US CPI Data Trigger Reversal?
The cryptocurrency market experienced a dramatic upward surge recently, with a notable increase in both market capitalization and trading volume. According to CoinMarketCap, the overall market cap stands […]
Trump Signs Bill Repealing Controversial IRS DeFi Rule
President Trump has signed legislation repealing the controversial IRS DeFi Broker Rule, introduced by the Biden administration. The bill, known as H.J.Res.25, was passed by Congress in March […]