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Browsing: Policy
Coinbase announced that the U.S. Securities and Exchange Commission (SEC) has agreed to drop its enforcement case against the cryptocurrency exchange, pending final approval by the commission’s leadership. The move signals a potential shift in regulatory attitudes toward digital assets
The U.S. Securities and Exchange Commission (SEC) has announced a restructuring of its crypto enforcement efforts, renaming and downsizing the unit previously dedicated to digital assets. The move signals a shift in the agency’s approach under Acting Chairman Mark Uyeda,
The U.S. Securities and Exchange Commission (SEC) has requested a 60-day pause in its ongoing lawsuit against Binance and its founder, Changpeng Zhao, in a move that could signal a shift in regulatory policy on cryptocurrency enforcement. The joint motion,
Federal Reserve Chair Jerome Powell stated on Tuesday that regulatory policies surrounding banking access should be reassessed, following concerns that the crypto industry is being unfairly excluded from financial services. Powell made the remarks during a Senate Banking Committee hearing,
Franklin Templeton’s Franklin Crypto Index ETF is progressing toward potential approval by the U.S. Securities and Exchange Commission (SEC), bringing institutional investors closer to a regulated option for exposure to bitcoin and ether. The investment firm filed Amendment No. 2
In a significant policy shift, the Trump administration is preparing to authorize banks to offer cryptocurrency services, reversing previous regulatory stances. Key agencies, including the Federal Deposit Insurance Corporation (FDIC), are expected to revise guidelines, allowing banks to enter the
A U.S. District Judge in Manhattan has ruled that Coinbase must face a lawsuit alleging it illegally sold unregistered securities. The court rejected Coinbase’s argument that it was not a “statutory seller” because it did not directly transfer ownership of
CryptoWire News Desk: The UAE has announced a Value Added Tax (VAT) exemption on certain cryptocurrency activities, following amendments to Executive Regulations approved by the UAE Cabinet. The new decision, which will take effect on November 15, 2024, retrospectively applies
Qatar has taken a significant step in the development of its digital financial ecosystem by introducing a comprehensive regulatory framework for digital assets. This new framework, known as the Digital Asset Regulations 2024, allows companies to apply for licenses as
In a landmark move, Russia has officially legalized cryptocurrency mining, with President Vladimir Putin signing the new law on August 9, 2024. This decision marks a significant step in recognizing cryptocurrency mining as a legitimate industrial activity within the nation’s
