New York Proposes Bill to Allow Stablecoin Payments for Bail Bonds
On May 10, New York Assembly Bill 7024 was introduced as an act to modify the statute. Its goal is to create legislation.
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US House Committees Plan to Oversee Crypto Sector with New Legislation
The US House Financial Services Committee and House Agriculture Committee have announced plans to develop legislation to oversee the cryptocurrency sector. According to.
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Coinbase Execs Respond to SEC’s Wells Notice in Person and on Video
Coinbase executives addressed their company’s regulatory issues in public on April 27, with chief legal officer Paul Grewal speaking at Consensus 2023 and.
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Circle Calls for Direct Holding of USDC Reserve by Federal Reserve
Circle, the USDC stablecoin’s issuer, has advocated for the direct deposit of stablecoin reserves with the US Federal Reserve. On March 28, the.
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Coinbase CEO Says the SEC Risks Putting US Financial System Behind Other Countries
During a Twitter live chat on Thursday, Coinbase CEO Brian Armstrong stated that the recent actions taken by the Securities and Exchange Commission.
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Coinbase Faces Potential SEC Enforcement Action After Receiving Wells Notice
The US Securities and Exchange Commission (SEC) issued a Wells notice to Coinbase, a popular cryptocurrency exchange, indicating that the regulatory body may.
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CFTC Commissioner Says Congress Must Order Crypto Regulators to Cooperate
CFTC Commissioner, Mersinger stated at the DC Blockchain Summit that the agencies were unlikely to reach an agreement on legislation unless Congress mandated.
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Biden Budget Plan Would Close Cryptocurrency Tax Loss Harvesting Loophole
A measure to stop tax loss harvesting on cryptocurrency transactions will be included in U.S. President Joe Biden’s proposed budget, which is scheduled.
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An anti-crypto legislator claims that too much power and money preclude an outright ban
According to the Los Angeles Times, U.S. Congressman Brad Sherman, who chairs a House subcommittee on investor safety and is a major crypto.