The Treasury Department is influencing the infrastructure bill to gain jurisdiction over the DeFi industry, says the advocate Jake Chervinsky, the General Counsel for FinTech company Compound Labs, has spoken up against the United States […]
Government watchdog Empower Oversight has requested internal documents from the U.S. Securities and Exchange Commission (SEC) on cryptocurrency that potentially show conflicts of interest at the commission involving former high-level officials. This affects the commission’s […]
The law is unnecessarily rushed and does not equip insurance companies to adapt to its requirements, Fitch argues Fitch Ratings, one of the big three American credit rating agencies, has issued a report criticising El […]
With bitcoin mining being a regulated activity in Iran, the head of the country’s securities and exchange regulator believes the central bank has to turn its attention to cryptocurrencies. The regulator is ready to consider […]
U.S. Congressman Patrick McHenry has slammed the U.S. Securities and Exchange Commission (SEC) for asking for jurisdiction over all crypto exchanges, including non-securities ones. He called it “a blatant power grab that will hurt American […]
The Iranian National Tax Administration (INTA) has put forward a proposal to tax digital asset exchanges operating in the country. The authority calls for the legalization of their activities, fearing restrictions could negatively affect tax […]
U.S. Representative Anna Eshoo has asked House Speaker Nancy Pelosi to amend the crypto provision in the $1.2 trillion infrastructure bill that the Senate passed this week. She urged the House to adopt the bipartisan […]
Australian exchange Independent Reserve is one of the first virtual asset service providers to receive in-principle approval in Singapore The Monetary Authority of Singapore (MAS) yesterday granted an in-principle approval letter for a Major Payment […]
Global cryptocurrency derivatives exchange Bitmex has settled charges with the U.S. Commodity Futures Trading Commission (CFTC) and the Financial Crimes Enforcement Network (FinCEN). The exchange has agreed to pay as much as $100 million to […]
The platform was charged with operating as an exchange in the US without registering as such Crypto asset exchange Poloniex has agreed to settle with the US Securities and Exchange Commission (SEC) for more than […]
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