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US officials seize $6.1M in crypto from ransomware actors, adds Chatex to sanctions list
8.11.2021
“This will not be the last time — the U.S. government will continue to aggressively pursue the entire ransomware ecosystem and increase our nation's resilience to cyber threats," said Attorney General Merrick Garland
Fed board member to leave by 2022, leaving Biden to fill 3 seats
8.11.2021
Randal Quarles has been a member of the Federal Reserve Board as well as its Vice Chair for Supervision since 2017
Miami mayor plans to accept first paycheck entirely in Bitcoin
2.11.2021
The mayor said he preferred to use an app like Bitwage or Strike rather than having the local government concert his fiat paycheck into crypto
US Senator Hagerty to CFPB Director: Don’t Stifle Crypto Innovation
29.10.2021
The conversation occurred at a banking committee meeting with Consumer Protections director Rohit Chopra
Biden's pick for CFTC chair wants the agency to be a 'beat cop' with the authority to oversee 60% of digital asset market
27.10.2021
Rostin Behnam said it was "critically important to have a primary cop on on the beat" of an emerging market that included cryptocurrencies and stablecoins
Treasury official acknowledges most crypto transactions are 'legitimate' but still anticipates additional sanctions
21.10.2021
“The vast majority of digital assets are being used for legitimate purposes, but for those that are primarily in the business of furthering criminal enterprises, we plan to use our tools to go after them,” said Wally Adeyemo
SEC Chair Gary Gensler responds to concerns about first Bitcoin-linked ETF
19.10.2021
In the same interview, Proshares CEO Simeon Hyman opined that regulated futures traded in a 40-act ETF will open the opportunity to get BTC exposure to a lot of folks who may have been waiting on the sidelines
US Treasury says it must 'modernize and adapt' to digital currencies
18.10.2021
"Digital assets and payments systems could harm the efficacy of our sanctions” if left unchecked, the Treasury said
US lawmaker proposes safe harbor for digital tokens in new bill
5.10.2021
The “Clarity for Digital Tokens Act of 2021” bill seemingly builds on an initiative from SEC commissioner Hester Peirce, who has called for creating a safe harbor for projects that raise funds to build decentralized networks
CFTC commissioner Dan Berkovitz will become SEC general counsel
28.9.2021
The commissioner has said the CFTC’s enforcement actions in the crypto space have been “aggressive," and hinted that decentralized finance platforms were likely illegal under the Commodity Exchange Act
Sen. Warren goes after Ethereum network fees in committee hearing
14.9.2021
"High, unpredictable fees can make crypto trading really dangerous for people who aren’t rich," said Senator Warren
President Biden announces picks to fill CFTC vacancies
14.9.2021
All CFTC nominations must be confirmed by the U.S. Senate in a simple majority vote
US lawmakers propose adding digital assets to 'wash sale' rule and raising capital gains tax
13.9.2021
If passed, the plan would raise the capital gains tax rate for "certain high income individuals" to 28.8%, while eliminating the "wash sale" loophole for crypto users
US Treasury reportedly in talks for stablecoin regulation
13.9.2021
Treasury officials are studying the risks if too many people decide to withdraw their stablecoins all at once
Not Legal Advice... America: The world’s most creative junkie
1.9.2021
What the United States needs is tens of billions of dollars, and the state is going to take it from the American crypto community
Former US president calls crypto a 'disaster waiting to happen'
31.8.2021
He seemingly dismissed the crypto market's potential in favor of strengthening the U.S. dollar in a recent interview
FBI Helps to Train Nigerian Crypto Crime Investigators
29.8.2021
The United States government through the FBI recently helped to run a training exercise whose goal is to enhance the capacity of Nigerian cryptocurrency crime investigators, the U.S. Mission Nigeria (USMN) has said. The exercise saw over 50 Nigerian investigators and prosecutors participate....
SEC reportedly contracts blockchain analytics firm to monitor DeFi industry
27.8.2021
"The SEC is very keen on understanding what is happening in the world of smart contract-based digital assets," said Victor Fang
'Don't kill crypto' billboard goes up in Alabama in advance of House tackling infrastructure
26.8.2021
"We want members of Congress to know that we'll be watching them and that we won't let them hide from their positions on this," said Evan Greer
Let’s be clear: Blockchain technology is infrastructure
25.8.2021
With continued dialogue between the blockchain industry and the U.S. Congress, there is still hope that regulatory legislation will arrive at a mutually beneficial resolution