Tag: Concerns

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FinCEN withdraws proposed crypto mixing rule over ‘legitimate activity’ concerns

The bureau under the US Treasury said it was withdrawing two proposed rules on unhosted wallets and crypto mixers ”as part of the Trump...

South Korea moves to block Polymarket over gambling concerns

The Korea Media and Communications Commission said Polymarket’s structure and operations amount to illegal gambling despite its noncustodial design and smart contracts.

Goldman Sachs CEO backs Clarity Act despite banking industry’s concerns over stablecoin rules

Solomon's endorsement contrasts with growing opposition from other major banking executives, including JPMorgan Chase CEO Jamie Dimon, who have argued that the legislation could...

Circle’s (CRCL) OCC approval fails to ease core concerns, Mizuho says

Circle Internet Group's (CRCL) final approval from the Office of the Comptroller of the Currency to establish First National Digital Currency Bank is a...

U.S. Representatives Urge Senate To Vote On CLARITY Act In July, Address Ethics Concerns

Rep. French Hill wants a deadline.  One year after the House passed the Digital Asset Market CLARITY Act, the Arkansas Republican who...

With MSTR concerns assuaged, look to traditional signals around BTC

In bitcoin BTC$62,129.74’s 4-year cycles, there has always been a distinct driver of selling pressure. In 2018, we saw the promise of crypto running...

AI Deepfake Election Ad Raises Transparency Concerns

The election season is ramping up in the United States, meaning that airwaves and social media are flooded with campaign ads.Candidates, in addition to...

Crypto tax bills a work-in-progress as U.S. House lawmakers pose concerns

A package of several crypto tax bills may not be ready yet for prime time, as a U.S. House Ways and Means Committee hearing...

Bitcoin Rebounds to 64K After Brutal Selloff as Fed Rate Cut Bets Fade and Saylor Strategy Concerns Ease

Bitcoin rebounded on Monday, offering traders a partial reprieve after a sharp liquidation-driven slide that had pushed the world’s largest cryptocurrency into one of...

Strategy’s Bitcoin Sale Raises Solvency Concerns As Bitcoin Crashes

Key takeaways:Strategy faces tighter short-term liquidity, but its conservative 11% net leverage protects it from forced BTC liquidations.A Bitcoin rally above $70,000 remains unlikely...

SEC’s Hester Peirce Defends Crypto Privacy Tools Amid Surveillance Concerns

US Securities and Exchange Commission (SEC) Commissioner Hester Peirce said financial privacy is becoming increasingly undervalued in US regulation, warning against treating privacy-preserving technologies...

Tom Emmer brushes off law enforcement concerns over Clarity Act

Latest developments: Emmer joined CoinDesk's The Policy Protocol and said the Senate’s bipartisan movement on the Clarity Act shows crypto legislation still has momentum...