Regulation
US Senate Repeals SEC Rule Limiting Bitcoin Holdings by Financial Firms
The US Senate has overturned an SEC rule restricting financial firms from holding Bitcoin, pending President Biden's decision.
The US Senate has overturned an SEC rule restricting financial firms from holding Bitcoin, pending President Biden's decision.
Senators Lummis and Wyden criticize the DOJ's application of money-transmitter laws to Bitcoin mixers, arguing it threatens software developers and digital rights.
The U.S. House of Representatives is scheduled to vote on the FIT21 bill, which aims to create a regulatory framework for 'digital assets.'
U.S. Treasury Secretary Janet Yellen calls for expanded regulatory oversight of the nonbank mortgage sector during a Financial Stability Oversight Council meeting.
The DOJ appoints Forensic Risk Alliance to monitor Binance, intensifying regulatory scrutiny.
New Zealand has dropped its proposed internet content regulations after strong public backlash, continuing with 'voluntary codes.'
Taiwan proposes tougher AML laws for virtual asset service providers, with penalties including two-year jail terms and fines up to $1.5 million for non-compliance.
Canada's FINTRAC fined Binance $4.3 million for failing to register and report large transactions.
The US Senate has overturned an SEC rule restricting financial firms from holding Bitcoin, pending President Biden's decision.
Senators Lummis and Wyden criticize the DOJ's application of money-transmitter laws to Bitcoin mixers, arguing it threatens software developers and digital rights.
The U.S. House of Representatives is scheduled to vote on the FIT21 bill, which aims to create a regulatory framework for 'digital assets.'
U.S. Treasury Secretary Janet Yellen calls for expanded regulatory oversight of the nonbank mortgage sector during a Financial Stability Oversight Council meeting.
The DOJ appoints Forensic Risk Alliance to monitor Binance, intensifying regulatory scrutiny.
New Zealand has dropped its proposed internet content regulations after strong public backlash, continuing with 'voluntary codes.'
Taiwan proposes tougher AML laws for virtual asset service providers, with penalties including two-year jail terms and fines up to $1.5 million for non-compliance.
Canada's FINTRAC fined Binance $4.3 million for failing to register and report large transactions.
Governments are implementing tax hikes and subsidy cuts on electric vehicles to offset lost fuel revenues.
Joe Biden plans to veto H.J. Res. 109, claiming that allowing financial firms to custody Bitcoin could jeopardize SEC oversight.
House Democrats, led by Rep. Sean Casten, propose a bill to increase regulation on Bitcoin mixing services to 'combat money laundering.'
The ATO escalates its crackdown on Bitcoin tax evasion by demanding data on 1.2 million accounts.
California is set to increase its gas tax to nearly 60 cents per gallon on July 1, exacerbating the financial burden on motorists already paying $1.70 more per gallon than the national average.
HUD's new energy efficiency mandates could increase new home construction costs by up to $31,000.
