Harris Campaign Advisor Says Kamala Will Support Crypto Industry
The Harris campaign claims it will back the crypto community despite the Democratic Party failing to announce a web3 policy platform. During an Aug. 21...
Tag : regulation
Senator Lummis Introduces BITCOIN Bill to Create ‘Strategic Bitcoin Reserve’
Senator Cynthia Lummis, a Republican from Wyoming, has formally introduced a new bill aimed at creating a national Bitcoin reserve. Released on Wednesday, the bill...
BitMEX Pleads Guilty to Bank Secrecy Act Violations
BitMEX, once among the largest crypto derivatives exchanges, pleaded guilty to violating the U.S. Bank Secrecy Act. On July 10, the U.S. Attorney’s Office of...
CFTC Chair Asserts At Least 70% of Crypto Assets Are Not Securities
The Commodity Futures Trading Commission (CFTC) is seeking to increase its jurisdiction over digital assets. During testimony before the U.S. Senate on Wednesday, Rostin Behnam,...
SEC Drops Investigation into Stablecoin Issuer Paxos
The U.S. Securities and Exchange Commission (SEC) appears to be pulling back on its stablecoin crackdown. On July 11, Paxos announced it received a “termination...
South Korea’s Ruling Party Proposes to Delay Crypto Taxes by Three Years
South Korea’s right-wing People Power Party is pushing to postpone taxes on crypto gains for an additional three years. “Given the declining investor sentiment towards...
Analysts Call For Pro-Crypto Pivot From Democrats After Biden Steps Down
The crypto community is weighing in on what Joe Biden’s exit from the 2024 U.S. presidential race could mean for web3. On July 21, Biden...
Senator Lummis Reportedly Wants U.S. Federal Reserve To Hold Bitcoin
The U.S. political climate concerning cryptocurrency continues to take a bullish turn. On July 24, Fox Business reported that Republican Senator Cynthia Lummis, a long-time...
Trump Speaks at Bitcoin2024, Says He’ll Fire Gary Gensler On Day One
On the final day of Bitcoin2024, Donald Trump claimed he will end Gary Gensler’s rule at the Securities and Exchange Commission (SEC), the notoriously anti-crypto...
SEC Amends Binance Lawsuit, Drops Security Claims for Solana and Other Cryptocurrencies
The U.S. Securities and Exchange Commission (SEC) has amended its lawsuit against Binance, the world’s largest cryptocurrency exchange by trading volume. The SEC is no...