Tag: Rules

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Crypto Industry Unites Behind Bill To Fix Tax Rules For Miners And Stakers

The three largest U.S. crypto trade associations sent a joint letter to the House Ways and Means Committee on June 21, calling...

Bank of England Publishes Stablecoin Rules, Targets 2027 Launch

The Bank of England (BoE) published a policy statement and draft rules for systemic stablecoins on Monday, outlining how regulated British pound-backed stablecoins would...

Federal Reserve Moves To Close Stablecoin Loopholes With New Customer ID Rules

The Federal Reserve proposed Thursday that payment stablecoin issuers maintain written customer identification programs, a move that signals Washington’s determination to bring...

U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act rule

These standards, according to the rule proposal, "must include reasonable procedures for: (1) verifying the identity of any person seeking to open an account...

Senators Urge Treasury Ensure State Authority in GENIUS Rules

A bipartisan group of US senators led by Republican Senator Cynthia Lummis has urged the Treasury to ensure that state authorities are given the...

Gensler Files Brief Arguing Sports Prediction Markets Fall Outside CFTC Swap Rules

Former CFTC and SEC chair Gary Gensler filed an amicus brief with the Sixth Circuit arguing that sports-event prediction markets are not swaps under...

Hungary to Reverse Crypto Trading Rules That Carried Prison Terms

Hungary is set to decriminalize crypto trading, reversing restrictions that imposed potential jail terms for certain crypto-to-fiat and crypto-to-crypto transactions, according to Tisza government...

CFTC Proposes Prediction Market Rules Favoring Sports Contracts

The US Commodity Futures Trading Commission (CFTC) has proposed new rules for prediction markets, signaling that sports event contracts are generally not contrary to...

Anchorage Requests Treasury Clarification on GENIUS Act AML Rules

Anchorage Digital, a federally chartered crypto bank and stablecoin infrastructure provider, has submitted a public comment letter supporting the US Treasury Department’s proposed Anti-Money...

White House Holds CLARITY Act Meeting Today as DeFi Rules Face Scrutiny

The White House is stepping into one of the most sensitive fights in US crypto policy.Administration officials are expected to meet law-enforcement groups today...

MiCA Architect Says EU Should Prioritize Tokenization Over DeFi Rules

The European Union should focus on a broader digital asset framework covering real-world assets and tokenization instead of regulating decentralized finance through a second...

US Senators Urge Regulators to Clarify Crypto Capital Rules

A group of Senate Republicans has urged US financial regulators to clarify the capital standards for companies engaged in crypto activities.Senator Cynthia Lummis said...