Pro-Ripple lawyer predicts prolonged legal battle, hints at settlement factors
Pro-Ripple lawyer John Deaton said he expects a lengthy legal process in the United States Securities Exchange Commission (SEC) vs. Ripple...
Regulation
IRS extends comments period for new crypto tax rule to mid-November
The United States Internal Revenue Service (IRS) has extended the commentaries period for crypto tax reporting rules proposed in August...
Stablecoin market escaping US regulatory oversight: Chainalysis
The United States government may be losing regulatory oversight of the stablecoin market, according to a new report by blockchain...
SEC has 3% -14% chance of success in Ripple appeal, lawyers predict
The United States Securities and Exchange Commission (SEC) has a very slim chance of winning the appeal against Ripple in...
Crypto-friendly Rep. Tom Emmer pursues nomination for House speaker
Crypto-friendly Republican Representative Tom Emmer is pursuing a nomination to become speaker of the United States House of Representatives, with...
EU data protection regulators urge anonymity for smaller transactions in digital euro
On Oct. 18, the European Data Protection Board (EDPB) and the European Data Protection Supervisor (EDPS) issued a joint opinion...
U.S. Office of the Comptroller will discuss tokenization as opposed to crypto
The Office of the Comptroller of the Currency (OCC), an independent bureau of the Treasury Department that supervises “national” commercial...
Council of Europe adopts DAC8 crypto tax reporting rule
The eighth iteration of the Directive on Administrative Cooperation (DAC8), a cryptocurrency tax reporting rule, was formally adopted by the...
Tether freezes 32 addresses linked to terrorism in Israel and Ukraine
Key takeaways Stablecoin issuer Tether has frozen over 30 crypto addresses linked to terrorism and warfare in Ukraine and Israel....
Australia proposes new licensing regime for crypto exchanges
Exchanges with specific asset levels must obtain an Australian Financial Services License The draft legislation is expected to go out...
California Gov. Newsom greenlights crypto regulation bill for 2025
California Governor Gavin Newsom has approved a cryptocurrency bill that enforces stricter regulations on businesses conducting crypto operations, set to...
Coinbase continues push to compel SEC to act on crypto rulemaking petition
Coinbase has doubled down on its push for a court order compelling the United States Securities and Exchange Commission (SEC)...
G20 adopts IMF-FSB Synthesis Paper on crypto regulation
On Oct. 13, the Group of Twenty (G20) — an intergovernmental forum comprising 19 sovereign countries, the European Union and...
BarnBridge DAO votes to comply with SEC order
The decentralized autonomous organization (DAO) behind the decentralized protocol BarnBridge has conducted its voting on how to react to the...
eNaira no threat to financial stability
The Central Bank of Nigeria (CBN) had to publicly insist that its eNaira project — one of the world’s first...
Sam Bankman-Fried just like Bernie Madoff, Cardano founder says
Cardano founder Charles Hoskinson has likened former FTX CEO Sam “SBF” Bankman-Fried to infamous American fraudster Bernie Madoff and accused...
Binance, OKX to comply with new financial promotions rules in UK
Major global cryptocurrency exchanges like Binance and OKX have announced that they're working to comply with new financial promotion regulations...
House Republicans urge tighter export controls on advanced chips
On Friday, Oct. 6, two senior Republican members of the United States House of Representatives urged the Biden administration to...
Canada clarifies guidelines for stablecoins trading
Canadian securities regulator CSA has clarified terms and conditions for stablecoin trading on exchanges. Crypto platforms and issuers have to...
European regulator publishes second consultation on MiCA
The European Securities and Markets Authority (ESMA), the European Union’s markets regulator, released a second consultative paper on Markets in...
CBDC will improve tax collection: Argentine Central Bank head
Director of the Central Bank of the Argentine Republic (BCRA), Agustín D'Attellis, publicly supported his counterpart, the Minister of Economy...
All but one exec now sentenced
The United States District Court for the Southern District of New York is progressing with the sentencing procedure of key...
