regulation

The U.S. Department of the Treasury has long taken a negative view of crypto mixing services, which it names CVCs (Convertible Virtual Currency Mixing Services). Although there are perfectly legitimate uses of such services…

In a year marked by regulatory scrutiny and enforcement actions against the crypto industry, the US Securities and Exchange Commission (SEC) shows no signs of slowing down.  The SEC’s Division of Examinations recently unveiled its 2024…

California Governor Gavin Newsom has approved a cryptocurrency bill that enforces stricter regulations on businesses conducting crypto operations set to begin in 18 months. In a statement published on October 13, Newsom declared that the…

During his congressional testimony on Wednesday, Gary Gensler, the U.S. Securities and Exchange Commission (SEC) chairman, persisted in his criticism of the cryptocurrency industry. Despite partisan divisions and ongoing…

US-based cryptocurrency exchange giant Coinbase continues to push forward with its efforts to seek regulatory clarity for the crypto industry, claiming that the current enforcement approach by regulators stifles innovation…

Brian Armstrong, the CEO of crypto exchange Coinbase, expressed his stance on artificial intelligence (AI) regulation in a recent post on the social media platform X (formerly Twitter). On Sept. 23, Armstrong explained that he believes that…

Due to the ever-changing nature of cryptocurrency technology, it has always been subject to regulatory amendments around the globe. The G20, a group of 20 developed economies, has opted for a unified approach to design a comprehensive…

The leaders of the G20 nations have thrown their weight behind the Financial Stability Board’s (FSB) recommendations regarding the regulation of crypto. In a landmark move, the G2O intergovernmental forum, on Sept. 9, voiced its support…

© Reuters. FILE PHOTO: A sign marks the Novartis Institutes for BioMedical Research facility in Cambridge, Massachusetts, U.S., June 16, 2021. REUTERS/Brian Snyder/File Photo By Patrick Wingrove (Reuters) - Swiss drugmaker Novartis…

United States President Joe Biden’s proposed cryptocurrency tax regulations are causing concern among many. These regulations would require brokers (individuals facilitating buying and selling) to report digital currency transactions to…