The U.S. Treasury Department is progressing toward addressing the anonymity of unhosted crypto wallets as part of Joe Biden’s wider strategy to tackle illicit finance involving digital assets. Following two rules proposed by the Financial […]
Blockchain advocacy group Coin Center filed a lawsuit on Friday against the U.S. Treasury Department and the IRS for allegedly drafting an unlawful amendment to the controversial infrastructure bill. The lawsuit against the Treasury Department […]
A recent disclosure filed with the U.S. House of Representatives on Wednesday revealed that Rep. Madison Cawthorn (R-NC) failed to report between $290,000 and $950,000 in crypto trades within the 45-day federal law. Cawthorn reported […]
The Commodity Futures Trading Commission (CFTC) is pushing to become the primary regulator for the crypto industry, according to Commissioner Summer Mersinger who recently spoke at the Reuters Commodities Trading USA conference in Houston. Mersinger […]
Federal Reserve Vice Chairwoman Lael Brainard testified before a House committee on Thursday on the benefits and risks of a CBDC, or central bank digital currency. Last month, the U.S. Senate confirmed Brainard to be […]
On Thursday, the Commodity Futures Trading Commission (CFTC) announced that it filed a civil enforcement action against an Oregon and Illinois resident, as well as a Florida company for fraudulently soliciting at least $44 million […]
A new ruling from the Shanghai High People’s Court in China added a new twist to its view on cryptocurrency after declaring Bitcoin as a virtual asset protected by Chinese law. The Court also deemed […]
In its latest move towards becoming a true digital state, Colorado is pushing a bill that aims to explore how security tokens can be used for fundraising. The Colorado Senate Bill 25 has recently passed […]
Utah’s Governor Spencer Cox has approved a bill to create a Blockchain and Digital Innovation Task Force, which will enable Utah to recommend policy actions to the government. This comes nearly three years after talks […]
The Central African Republic is under scrutiny from financial analysts, entrepreneurs, and the International Monetary Fund (IMF), drawing unfavorable comparisons with El Salvador’s bitcoin project. Academics and businessmen have questioned the Central African Republic’s government’s […]
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