Adding on to the outright criticism of the U.S. Securities and Exchange Commission’s (SEC) overreach around crypto asset regulation, top Republican lawmakers are demanding that
Tag: Rule
California Targets Crypto ATM Scams With New $1,000 Daily Withdrawal Rule
According to a recent report, California legislators are pushing a bill to tighten regulations around cryptocurrency ATMs. The new proposal imposes a $1,000 daily withdrawal
US Lawmakers Demand SEC Chair to Halt Rule Making
In a recent letter to Gary Gensler, Chairman of the United States Securities and Exchange Commission (SEC), a group of US senators took a daring
EU Parliament Approves DAC8 Crypto Tax Rule
On Wednesday, the European Parliament took a significant step forward in regulating cryptocurrency. Meeting in Strasbourg, France, lawmakers voted in favor of the eighth iteration
UK Crypto Firms Now Mandated to Follow Travel Rule
Crypto assets firms located in the United Kingdom are now required to comply with the Financial Action Task Force’s Travel Rule as part of the
SEC Enhances Oversight with Broker-Dealer Rule Amendments
The Securities and Exchange Commission (SEC) is taking a bold step forward, adopting rule amendments targeting broker-dealers. Gary Gensler, SEC Chair, stated,  “Some broker-dealers rely
Binance’s CEO Bans Employee Futures Trading on 90-Day Rule
​​Binance CEO Changpeng Zhao aka CZ, has set the bar high for transparency in the crypto world. Significantly, CZ has ushered in a robust policy that
Can Judge Deny To Rule On XRP Secondary Sales? XRP Lawyer Clarifies
XRP Lawsuit News: The XRP’s secondary sales issue in the long running U.S. Securities and Exchange Commission (SEC) Vs Ripple lawsuit remains crucial for the
Japan’s Tax Agency Softens Rule on Crypto Taxation for Firms
The Japanese National Tax Agency is softening its stance on the taxation of crypto assets from corporations dealing with the nascent asset class in the
U.S. SEC’s New Rule To Affect Coinbase, Crypto Exchanges?
Wallstreet’s leading financial regulator, the Securities and Exchange Commission (SEC) has recommended stricter rules for businesses that secure assets for fund managers. This move might
