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SEC could axe proposed Biden-era crypto custody rule, says acting chief


The US Securities and Exchange Commission could change or scrap a rule proposed under the Biden administration that would tighten crypto custody standards for investment advisers, according to the agency’s acting chair, Mark Uyeda.In prepared remarks to an investment industry conference...

House Oversight Probes Biden’s FDIC for Crypto Banking Crackdown


The House Oversight Committee is investigating whether the FDIC’s delayed crypto oversight and banking restrictions were driven by political motives or unlawful regulatory overreach. House Oversight Committee Investigates FDIC’s Crypto Policies The House Committee on Oversight and Government Reform...

Bitcoin Giant Microstrategy Caught in Biden’s Tax Web


This week, The Wall Street Journal highlighted potential tax complications for the publicly traded company Microstrategy, particularly concerning unrealized gains. According to the report, the Corporate Alternative Minimum Tax (CAMT), introduced under the Biden administration, could impose...

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