Crypto and Laws
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White House releases update on crypto investments
The White House has released a new document that will be presented to president Joe Biden. The paper is a roadmap with several ways the current...
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New York introduces bill to legalize crypto payments for state purposes
Legislators in New York introduced a bill in the local senate on Jan. 26 that could allow state agencies to recognize cryptocurrency as a legal...
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SEC is investigating investment advisers over crypto custody
According to a story by Reuters that cites three unidentified individuals, the United States Securities and Exchange Commission (SEC) is...
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Federal Reserve denies membership to crypto adjacent bank Custodia
The Federal Reserve Board on Jan. 27 denied an application by Custodia Bank Inc. to become a member of the Federal Reserve System. The...
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White House report says it would a ‘grave mistake’ to deepen ties between crypto, broader financial system
A new White House report provides additional insight into the mind of the executive branch of the US federal government when it comes to...
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SEC re-declines Bitcoin ETF from ARK, 21Shares
The U.S. Securities and Exchange Commission (SEC) has rejected a Bitcoin spot ETF from ARK and 21 Shares, as indicated in a Jan. 26 filing....
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Elizabeth Warren urges stricter regulation, says solution to crypto fraud begins with the SEC
U.S. senator Elizabeth Warren urged banking and environmental regulators to fight crypto fraud along with the Securities and Exchange Commission...
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Ireland’s central bank leader calls for ban on crypto ads targeted at youth
The governor of Ireland’s central bank has called for legislators to ban crypto ads aimed at youth, according to a Reuters report dated...
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UK mulls crypto legislation in first parliamentary debate on crypto in 2023
Uk lawmakers held a parliamentary debate on cryptocurrency and regulation on Jan. 25, but while lawmakers were quick to point out gaps in current...
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Circle blames SEC for failed plan to go public
Stablecoin issuer Circle blamed the U.S. Securities and Exchange Commission (SEC) for its failed public-listing plan, Financial Times reported...
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Grayscale, SEC will voice oral arguments over GBTC ETF conversion in March
Grayscale and the U.S. Securities and Exchange Commission will soon have their oral arguments heard in court regarding the conversion of Grayscale...
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SEC’s Hester Peirce says crypto industry should not wait for regulators to solve problems
SEC Commissioner Hester Peirce called for the crypto industry to attempt to solve issues that plagued it during 2022 without waiting for...
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NYDFS advises crypto account segregation
The New York Department of Financial Services (NYDFS) recommended on Jan. 23 that custodians should segregate customer and corporate crypto...
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Digital Euro will be free to use, but privacy is up to legislators
The Digital Euro will be free to use and accessible to all, but it would be the lawmakers who will decide what personal information the bank will...
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Australia Finance Minister wants crypto regulated as a financial product
According to a report from The Sydney Morning Herald, Australia Minister of Financial Services, Stephen Jones, has stated that there are valid...