Showing articles in crypto regulation

Global Elections and Their Impact on the Crypto Landscape

As elections unfold globally, the crypto industry is observing significant shifts in regulatory focus. What does this mean for financial advisors and the future of digital assets?

Policy

Texas Court Declares Tornado Cash Immune to Sanctions

A Texas judge ruled the U.S. Treasury's sanctions against Tornado Cash are unlawful, marking a significant victory for the crypto mixing service.

Finance

Paul Atkins Urges Immediate Reform at SEC Crypto Roundtable

In a pivotal address, SEC Chair Paul Atkins emphasized the urgent need for regulatory reform in the cryptocurrency market, highlighting the stifling effects of current regulations on innovation.

Policy

Unicoin's CEO Dismisses SEC's Settlement Offer in Ongoing Investigation

Unicoin's CEO, Alex Konanykhin, critiques the SEC's efforts to settle a major investigation, claiming substantial financial harm to investors.

Altcoins

Jason Allegrante of Fireblocks Describes MiCA as a Potential Opportunity

The Chief Legal Compliance Officer at Fireblocks, Jason Allegrante, shares insights on the EU's MiCA regulation, discussing compliance challenges and opportunities in the crypto landscape.

News

Weekly Crypto Update from Africa: Kenya's Proposed Bill, Nigeria's Binance Delay, and Bitcoin Conference in Cameroon

This week in African cryptocurrency highlights: Kenya's proposed virtual assets legislation, Nigeria's postponement of the Binance lawsuit, and the upcoming Bitcoin Africa Conference in Cameroon.

Policy

Paul Atkins' Crypto Connections Raise Concerns Ahead of SEC Confirmation

Paul Atkins' financial ties to the cryptocurrency industry have drawn criticism from Senator Elizabeth Warren ahead of his confirmation hearing for the SEC.

Policy

Australia Unveils Plan for Comprehensive Crypto Regulation to Embed Digital Assets into the Economy

The Australian government outlines a strategy for integrating digital assets, focusing on tokenization and regulatory frameworks for crypto exchanges.

Policy

U.S. House Votes to Revoke IRS DeFi Broker Regulation

Legislators in the United States have successfully voted to dismantle an IRS regulation imposing reporting requirements on DeFi platforms, a move that has been met with both support and opposition.

Policy

Paraguay Awaits Legislative Approval for Crypto Integration

Juan Carlos Reyes, leading crypto regulator in El Salvador, emphasizes Paraguay's readiness for cryptocurrency regulation.

Policy

SEC Abandons Coinbase Lawsuit, Changing Course on Crypto Regulation

The U.S. Securities and Exchange Commission has dropped its case against Coinbase, marking a significant shift in crypto regulation for the agency.

Policy

Pakistan Establishes Council for Crypto Oversight

The newly proposed council aims to advise on crypto legislation and policy development in Pakistan.

Politics

Democratic Commissioner at U.S. CFTC to Depart with New Chair Confirmation

As the crypto landscape evolves, Christy Goldsmith Romero's exit from the CFTC signifies a shift in regulatory dynamics.

Finance

The Future of Cryptocurrency Regulation in the U.S.

The SEC aims to alter its approach to enforcement in crypto regulations, shifting focus but not entirely abandoning it.

Finance

European Regulator Proposes New Framework for Employee Competence in Cryptocurrency Firms

The European Securities and Markets Authority has announced guidelines to ensure employees in crypto-related businesses possess adequate competence.

Politics

Trump's Selections for Key Crypto Regulatory Positions Nearly Finalized

Details on Trump's latest nominations for essential crypto regulatory positions show a focus on experienced candidates.

Policy

Trump Chooses Former CFTC Commissioner Brian Quintenz to Lead the CFTC

Brian Quintenz, known for his advocacy in crypto, is appointed by Trump to head the CFTC, supported by industry leaders.

Politics

Trump Considers Brian Quintenz for CFTC Leadership Role

Former CFTC Commissioner Brian Quintenz is reportedly under consideration by President Trump to head the agency once again, suggesting a pro-crypto regulatory shift.