Regulation

Crypto firms urge Congress to rein in DOJ’s interpretation of money transmission laws

A coalition of 34 crypto industry organizations has sent a joint letter to congressional leaders urging them to address the Department of Justice’s...

South Korea blocks 17 overseas crypto exchange apps in registration crackdown

South Korea’s Financial Intelligence Unit (FIU) has blocked access to 17 overseas crypto exchange apps on Google Play for operating without proper registration,...

SEC to host 4 additional crypto roundtables to tackle topics including trading, custody, DeFi

The US Securities and Exchange Commission (SEC) has unveiled plans to host four more crypto-focused roundtables in Washington, D.C., as part of its...

SEC ends probe into Immutable, signaling regulatory shift in blockchain gaming

The US Securities and Exchange Commission has formally closed its investigation into Australian web3 gaming firm Immutable, the company announced on March 25.Immutable,...

Congress moves to overturn IRS broker rule targeting DeFi platforms, potential Trump signing on March 28

The US Senate is preparing to hold a final vote on March 27 to nullify the Internal Revenue Service’s (IRS) broker reporting rule...

Asia Web3 Alliance seeks US-Japan collaboration to tackle regulatory challenges

Asia Web3 Alliance Japan has formally submitted a proposal to the US Securities and Exchange Commission’s (SEC) Crypto Task Force, urging the creation...

FDIC ends use of reputational risk criteria, Crypto Czar calls it ‘a big win’

The Senate Banking Committee announced on March 25 that the Federal Deposit Insurance Corporation (FDIC) will eliminate reputational risk as a component of...

Senator Warren challenges SEC nominee Paul Atkins over FTX ties and deregulation risks

Senator Elizabeth Warren has demanded answers from SEC chair nominee Paul Atkins over his history of light-touch regulation, ties to the failed crypto...

Hayes flips bullish on Bitcoin, predicts $110,000 rally amid Fed’s policy shift

BitMEX co-founder Arthur Hayes said Bitcoin (BTC) is more likely to climb to $110,000 before experiencing a significant correction, pivoting from his previous...
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