Crypto may force SEC to modernize custody rules
New world, new rules. SEC Commissioner Hester Pierce is in the news again, this time sharing her thoughts on how the regulatory body might be forced to modernize its …
Category: Regulations
Don’t expect crypto regulations from Congress anytime soon
Politics. Things like these takes time. US Congressman Jim Himes has weighed in on just how quick could the US Congress be ready to pass cryptocurrency legislation. And let’s …
Treasury wants crypto transfers over $10,000 to be reported to IRS
New measures? The US Department of the Treasury has announced measures to crack down on tax evasion involving cryptocurrencies as part of President Joe Biden’s proposed tax compliance measures. …
Australian government will not stand in the way of crypto
That’s the way I like it! An Australian federal minister has said that government has no objection to people investing in crypto assets, though she also warned of the …
Binance stock tokens may be illegal
Uh-oh. Germany’s financial watchdog, BaFin, believes that cryptocurrency exchange Binance may have violated European securities rules with the launch of its stock tokens. The financial supervisory authority has said …
Former SEC chairman expects fair amount of regulation on crypto
They’re coming! Former SEC chairman Harvey Pitt expects a fair amount of crypto regulation coming from the US Securities and Exchange Commission (SEC) following the confirmation of the new …
Fed chair says cryptocurrencies are vehicles for speculation
The Federal Reserve chairman believes that cryptocurrencies are really a vehicle for speculation, and no one is using them for payments. He then compared crypto to gold. Jerome Powell …
UK to focus crypto regulations on stablecoins
Solid strategy. The UK will focus first on regulating stablecoins rather then the broader cryptocurrency markets. This has been confirmed by its financial services minister. The treasury minister was …
Fidelity applies to launch Bitcoin ETF
This is big! Fidelity has filed with the SEC to launch a Bitcoin ETF that will track the price of the digital currency as measured by the performance of …