Regulation US judges demand explanation from SEC after refusing to set clear crypto rules A three-judge panel of the U.S. Court of Appeals for the Third Circuit asked the SEC to explain why it…
Regulation US regulator proposes rules to hold crypto wallets responsible for hacking The Consumer Financial Protection Bureau (CFPB) on January 10 extended Electronic Funds Transfer Act (EFTA) protections to crypto wallets, creating…
Regulation China tightens crackdown on virtual currencies with new foreign exchange rules According to a report in the South China Morning Post, China has introduced new regulations to identify and control high-risk…
Regulation IRS grants temporary relief to virtual currency tax reporting rules amid legal challenge The Internal Revenue Service (IRS) has temporarily relaxed cost-based reporting rules for cryptocurrencies, potentially avoiding increased tax liability for digital…
Regulation Treasury and IRS finalize DeFi broker rules, require KYC from protocols The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have released the final version of their Broker…
