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Blockchain Association objects to IRS broker rule in letter
21.6.2024
The Washington DC-based blockchain advocacy group argued the IRS' broker rule provisions violate the Paperwork Reduction Act
Donald Trump wants US to rule Bitcoin mining industry
14.6.2024
U.S. Presidential candidate Donald Trump wants the future of Bitcoin to be red, white and blue
UK crypto industry publishes Travel Rule navigation guide
6.6.2024
The Travel Rule requires crypto businesses to collect, verify and share information about digital asset transactions with another crypto company
US appeals court says SEC exceeded authority with fund rule
6.6.2024
The Fifth Circuit found that the regulator overstepped its authority in its new rules affecting hedge funds. Could this ruling be a good sign for crypto?
US President Joe Biden vetoes SAB 121 repeal
1.6.2024
Joe Biden said he vetoed the resolution because "he will not support measures that jeopardize the well-being of consumers and investors."
Binance listing rules update opens doors for smaller projects; RWA tokens find opportunity to become Unicorns
29.5.2024
Most cryptocurrencies around the market get traction due to their utilities, adoption, and popularity, and exchange listing plays a significant role. The Real World Asset (RWA) sector is one of the trending narratives within the crypto market, and it is getting a substantial number of eyeballs....
South Africa’s Regulator Tightens Rules for Crypto Asset Transfers via Latest Directive
28.5.2024
The Financial Intelligence Centre (FIC) has proposed a directive regarding crypto asset transfers. This directive follows the licensing of 75 crypto asset service providers (CASPs) by the Financial Sector Conduct Authority in South Africa. The FIC aims to tighten regulations by requiring CASPs...
Resolution overturning SEC crypto rule is on Biden’s desk — Now what?
24.5.2024
President Joe Biden has ten days, excluding Sundays, to decide whether he wants to follow through on his threat to veto H.J.Res.109
SEC’s Regulatory Overreach Challenged in Court: Motion Filed to Vacate ‘Dealer’ Rule
22.5.2024
Crypto Freedom Alliance of Texas and Blockchain Association filed a motion on May 17 to vacate the U.S. Securities and Exchange Commission (SEC)’s new Dealer Rule. The plaintiffs’ counsel argues that the SEC’s expanded definition of “dealer” exceeds its statutory...
US Senate passes resolution overturning SEC crypto rule on banks
16.5.2024
U.S. President Joe Biden said he intended to veto the joint resolution aimed at overturning an SEC rule requiring banks to keep customers’ digital assets on its balance sheets
SEC custody rule made crypto regulation a ‘political football’ — Rep. Nickel
16.5.2024
The SEC’s proposed crypto custody rule and its “hostility” to the industry isn’t in Joe Biden’s “best interests,” Representative Wiley Nickel told Gary Gensler
House Resolution to Overturn Controversial SEC Rule Likely to Pass in Senate: Sources
15.5.2024
A House proposal to revoke the U.S. Securities and Exchange Commission's Staff Accounting Bulletin 121 is likely to pass through the Senate in a vote on Thursday, multiple people familiar with the situation told CoinDesk
Will Biden Get the Final Say Over a Controversial Crypto Accounting Rule?
9.5.2024
Critics of SAB 121, introduced in March 2022, have called the rule “obscure,” a “diktat” and a “pernicious weed.”
President Biden says he would veto resolution countermanding SEC crypto rule
8.5.2024
After the U.S. House of Representatives postponed proceedings on a resolution overturning an SEC policy affecting crypto, President Joe Biden said he would veto the measure
Grayscale Withdraws Ether Futures ETF Application Before SEC Decision
8.5.2024
Grayscale Investments withdrew its application for an Ether futures exchange-traded fund (ETF) just three weeks before the US SEC was set to rule on several spot ETH ETFs.
The post Grayscale Withdraws Ether Futures ETF Application Before SEC Decision appeared first on Cryptonews
South Africa’s FIC Unveils Draft Directive for Travel Rule Implementation; Crypto Industry Leader Issues Warning
5.5.2024
The South African Financial Intelligence Centre recently issued a draft directive calling crypto-asset service providers to implement the Financial Action Task Force’s (FATF) travel rule. However, key figures in South Africa’s crypto industry say several factors could hinder the implementation...
SEC Initiates Consultations on Rule Change for Bitcoin Trading Options
26.4.2024
The SEC has initiated a new phase of discussions regarding a proposed rule alteration for the trading of options on Bitcoin exchange-traded funds (ETFs) while also inviting public input on the matter.
The post SEC Initiates Consultations on Rule Change for Bitcoin Trading Options appeared first...
Upbit Halts Transactions Over 1 Million KRW Following Changes to VASP – Here’s the Latest
17.4.2024
Upbit has announced the suspension of processing deposits and withdrawals exceeding 1 million Korean won due to the recent suspension of Ten&Ten's Travel Rule Solution service.
The post Upbit Halts Transactions Over 1 Million KRW Following Changes to VASP – Here’s the Latest appeared...
Overwatch 2 Players Are Getting Banned For Swearing, And They’re Not Thrilled
16.4.2024
Blizzard’s customer service is in hot water after a series of exchanges about Overwatch 2’s profanity rules caught the attention of the community and subsequently went viral. Apparently, profanity of any kind is considered against the hero shooter’s code of conduct, and if someone reports...
Why older games rule - and new games drool - in Discoveryland
3.4.2024
Also: interesting stats from a niche success & lots of discovery news