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The Washington DC-based blockchain advocacy group argued the IRS’ broker rule provisions violate the Paperwork Reduction Act. Source link
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Moments ago, the Senate passed legislation H.J.Res. 109 that would overturn the SEC’s Staff Accounting Bulletin (SAB) No. 121, preventing highly regulated financial firms from custodying Bitcoin and other cryptocurrencies. The legislation passed with…
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BlackRock, the world’s largest asset manager, is leading the campaign for regulatory approval of the spot Bitcoin ETF. The firm is taking advantage of a marked shift in sentiment and a sense that…
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The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), has gotten serious about stopping the use of cryptocurrency for money laundering and other crimes. It has implemented much tougher requirements for companies…
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Blockchain Association’s chief legal officer says “it would be absurd” for a United States court to rule that digital assets on private blockchains are securities, following a federal judge’s decision to allow a…