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US govt delays enforcement of crypto broker reporting requirements: Report
29.6.2022
The reporting requirements, aimed at reducing the size of the tax gap, were scheduled to take effect in January 2023, with crypto firms sending reports to the IRS starting in 2024
Elusive Bitcoin ETF: Hester Perice criticizes lack of legal clarity for crypto
17.6.2022
SEC Commissioner and “Crypto Mom” Hester Peirce criticized the SEC on its regulatory guidance, but noted that change is possible if investors and regulators work together
Biden's pick for Fed vice chair for supervision calls for congressional action on stablecoins
19.5.2022
Fed nominee Michael Barr said that the government agency potentially releasing a central bank digital currency was an issue that required “a lot more thought and study."
SEC chair uses crypto enforcement in justification for FY2023 budget
18.5.2022
"We’re not trying to grow really significantly, but resources to grow at least six percent to grow our enforcement arm in this space," said Gary Gensler
CFTC commissioner appoints senior policy adviser experienced in digital asset regulation
13.5.2022
Keaghan Ames worked at Credit Suisse for more than two years as vice president and head of U.S. regulatory policy, which included advising executives on digital assets regulation
US Senate confirms Jerome Powell for another four years as Fed chair
12.5.2022
In a 80–19 vote in the Senate, U.S. lawmakers confirmed Jerome Powell as the next chair of the Federal Reserve System, where he will also serve as a board member until 2028
Stablecoins' recent de-pegging is not a 'real threat to financial stability,' says Janet Yellen
12.5.2022
Terra's UST dropped as low as $0.29 and Tether's USDT stablecoin briefly de-pegged from the dollar to hit $0.96 on Wednesday
Go green or die? Bitcoin miners aim for carbon neutrality by mining near data centers
10.5.2022
Bitcoin mining companies must prove carbon neutrality as new regulations come to play, but are carbon offsets enough?
Has New York State gone astray in its pursuit of crypto fraud?
2.5.2022
A new Senate bill strives to keep the “spirit of blockchain” while combating crime, but critics call it ill-conceived, redundant and unworkable
Acting OCC comptroller calls for standards on stablecoins
27.4.2022
According to Michael Hsu, representatives from the crypto industry as well as within the U.S. government could work toward setting standards on stablecoins
US Senate confirms Lael Brainard as Fed vice chair
26.4.2022
In a 52-43 vote on the Senate floor on Tuesday, U.S. lawmakers confirmed Lael Brainard to be vice chair of the Federal Reserve System for four years
US lawmakers sound alarm to EPA over environment concerns of crypto mining
21.4.2022
In addition to air and water pollution as a result of energy production, the lawmakers pointed to electronic waste from mining rigs, and noise pollution in surrounding communities
US Treasury Dept lists crypto mining firm in latest sanctions against Russia
20.4.2022
"The United States is committed to ensuring that no asset, no matter how complex, becomes a mechanism for the Putin regime to offset the impact of sanctions,” said Treasury
Crypto-focused PAC has used $9M to support Democratic candidates since January
18.4.2022
The Protect Our Future PAC used more than $9 million toward mainly digital, television, and radio ad buys for U.S. House of Representatives candidates' campaigns
Regulations set the table for more talent, capital and building in crypto industry
16.4.2022
Regulatory involvement in crypto is an indication of the industry’s maturity and longevity, encouraging bright ideas, minds and money to enter the space
Treasury Secretary hints at regulatory framework to address potential risks in digital asset markets
7.4.2022
"Digital asset exchanges and other digital native intermediaries — they should be subject to appropriate forms of oversight,” said Janet Yellen
Toomey drafts bill to exempt stablecoins from securities regulations
7.4.2022
The Stablecoin TRUST Act proposed the digital assets be identified as “payment stablecoins” which are exempt from many securities regulations
Yellen alleges crypto has not been used for significant Russian sanctions evasion so far
6.4.2022
The U.S. Treasury secretary emphasized the department’s crypto monitoring efforts at a House Financial Services Committee hearing Wednesday
President Biden is preparing to announce picks for SEC commissioners: Report
6.4.2022
Only one seat currently remains vacant out of the panel of five SEC commissioners, but Allison Lee is expected to depart when her term expires in June
US lawmakers introduce companion bill to 'mitigate risks' from El Salvador’s Bitcoin Law
5.4.2022
"The United States must have a plan in place to protect our financial systems from the risks of [El Salvador's] decision," said Representative Norma Torres