Regulations

A collection of 87 posts

Regulations

New York Proposes Crypto Task Force for In-Depth Market Analysis

In a move that could significantly shape the future of crypto regulation in New York, State Senator James Sanders Jr. has introduced a bill aimed at forming a specialized crypto task force. This group would delve into the intricacies of the crypto landscape within the state, assessing its economic, environmental,

Memecoins

Hester Peirce Says Many Memecoins Don't Belong Under the Purview of the SEC

In an appearance on Bloomberg today, SEC Commissioner Hester Peirce, often referred to as "Crypto Mom" for her advocacy within the industry, shed light on the complex relationship between memecoins and existing regulatory frameworks. As the head of the SEC's Crypto Task Force, Peirce's

Stablecoin

Democrat Rep. Maxine Waters Proposes New Framework for Stablecoin Regulation

Representative Maxine Waters, a prominent Democrat on the House Financial Services Committee, has unveiled a discussion draft aimed at controlling stablecoins. This draft, as reported by Punchbowl, seeks to establish stringent oversight by involving federal entities like the Comptroller of the Currency, the Federal Reserve, and the Federal Deposit Insurance

Bitcoin

North Carolina Introduces Bill to Create Strategic Bitcoin Reserve

North Carolina ventured into the realm of cryptocurrency today with House Bill 92, which proposes to allocate up to 10% of its funds into Bitcoin and other digital assets. This move isn't merely about jumping on a trend; it's a calculated step towards integrating digital currencies

Bitcoin

Maryland Introduces Strategic Bitcoin Reserve Act Legislation

Maryland has stepped into the spotlight by considering Bitcoin as a strategic state reserve asset. This decision marks a significant milestone in the state's financial strategy, reflecting a broader trend across the United States where states are exploring innovative ways to diversify their assets. Maryland State Delegate Caylin

Solana

SEC's Recent Acknowledgment of Grayscale's Solana Filing Signals Positive Regulatory Shift

The U.S. Securities and Exchange Commission (SEC) has acknowledged Grayscale's filing for a Solana (SOL) ETF, marking a significant departure from its previous stance. This acknowledgment is particularly noteworthy as it contradicts the SEC's earlier position under the leadership of Gary Gensler, who had been

Regulations

SEC’s New Crypto Task Force Lays out 10 Ways It Plans to Clarify Regulations

The U.S. Securities and Exchange Commission (SEC) is embarking on a new journey to clarify the previous muddy waters of crypto regulation, as announced by Commissioner Hester M. Peirce in a statement released on February 4, 2025. Drawing a parallel between this regulatory overhaul and a modern road trip,

Crypto

Trump's AI and Crypto Czar David Sacks Promises 'Golden Age' for Digital Assets

David Sacks, serving as President Donald Trump's AI and crypto czar, took center stage at a Capitol Hill press conference to outline the administration's ambitious plans for the future of digital assets in the United States. He was joined by key figures from congressional committees tasked

Stablecoin

Senator Bill Hagerty Proposes Bill to Regulate US Stablecoin Market

Senator Bill Hagerty is poised to introduce a new piece of legislation aimed at providing regulatory clarity for the burgeoning stablecoin market in the United States. Known as the GENIUS Act, which stands for Guiding and Establishing National Innovation for US Stablecoins, this bill seeks to establish a structured regulatory

DeFi

Andre Cronje Breaks Silence on His 2022 Crypto Exit

In a recent post, Andre Cronje, a once pivotal figure in the decentralized finance (DeFi) sector, has opened up about his unexpected departure from the crypto space in 2022. Cronje, known for creating projects like Yearn Finance and Keep3rV1, shared insights into the regulatory pressures that led him to step

Bitcoin

Utah Advances Groundbreaking Legislation to Invest in Cryptocurrency

In a significant move towards embracing cryptocurrencies, the Utah House Economic Development Committee has passed a bill named HB 230, marking a notable step in state-level crypto investment. This legislation, known as the Blockchain and Digital Innovation Amendments, was approved by an overwhelming 8-1 vote on January 28, signaling Utah&

Elon Musk

Elon Musk Considers Using Blockchain for US Government Efficiency Agency

Elon Musk is delving into the potential of blockchain technology to enhance efficiency across federal services. This initiative according to Bloomberg, part of Musk's broader responsibilities within the Trump administration's newly formed Department of Government Efficiency (DOGE), signals a significant shift towards embracing innovative tech solutions

Privacy Coins

Tornado Cash Ruling Sparks Potential Surge in Privacy Coin Market

The recent US court decision to overturn sanctions against Tornado Cash has injected a fresh wave of optimism into the market for privacy-focused cryptocurrencies. This pivotal ruling, could bring in a new era of growth and acceptance for privacy coins like Monero and Zano, which have been under regulatory scrutiny

Regulations

AI and Crypto Czar David Sacks Discusses Digital Asset Regulations and US National Stockpile

In an appearance on Fox Business News this morning, David Sacks, President Trump's AI and Crypto Czar, provided insights into the newly established Digital Assets Working Group, its objectives, and the prospective development of a US national stockpile for digital assets. This conversation sheds light on the administration&

Crypto

Trump Reverses SAB 121 Allowing Banks to Custody Crypto Assets

In a significant move for the crypto industry, President Donald Trump has officially eliminated Staff Accounting Bulletin 121 (SAB 121), a guideline previously enforced by the U.S. Securities and Exchange Commission (SEC). This action marks a pivotal shift in U.S. policy, directly impacting how banks can interact with

Crypto

Trump Signs Historic Crypto Executive Order Bolstering US Digital Finance Leadership

BREAKING: In an unprecedented move for the United States, President Donald Trump has signed an executive order that promises to reshape the regulatory environment surrounding cryptocurrencies. This directive comes at a time when cryptocurrencies and digital assets are increasingly becoming a focal point in global finance, signaling a strong push

Bitcoin

CZ Binance Says "Crypto Moving at Crypto Speed" As US Strategic Bitcoin Reserve Comes to Fruition

Changpeng Zhao, commonly known as CZ, the CEO of Binance exchange, has weighed in on the establishment of a US Strategic Bitcoin Reserve. His comments signal a significant step towards the mainstream adoption of Bitcoin as a strategic asset by one of the world's leading economies. The concept

Dogecoin

Bitwise Launches Dogecoin ETF As Trump's Crypto Policies Take Effect

Bitwise Asset Management is actively preparing to file for a Dogecoin ETF, marking a significant step in the evolving landscape of cryptocurrency investments as the United States navigates under a new administration led by President Donald Trump. The news of this potential ETF has stirred excitement within the crypto community,

Exchange

Crypto.com Relaunches US Exchange Under New Trump Crypto-Friendly Administration

Crypto.com has made a significant move by relaunching its "institutional-grade venue" in the United States, just one day following the inauguration of Donald Trump, who is often referred to as the first pro-crypto president. This strategic timing seems to echo the new administration's favorable stance

Crypto

SEC Launches New Task Force to Clarify Crypto Regulations

In a significant move towards shaping the future of cryptocurrency regulation, the U.S. Securities and Exchange Commission (SEC) under the new Trump administration has announced the formation of a new Crypto Task Force. This initiative, spearheaded by Acting Chairman Mark T. Uyeda, aims to provide clarity and structure to

Bitcoin

Coinbase CEO Brian Armstrong Predicts Bitcoin Will Surge to Millions of Dollars

In a recent appearance on CNBC, Coinbase CEO Brian Armstrong shared his bullish outlook on Bitcoin, suggesting that the cryptocurrency could see its value soar into the "multiple millions" in the coming years. Armstrong's optimism is grounded in several pivotal developments he sees on the horizon

Payments

Bank of America CEO Signals Crypto Adoption if Regulatory Green Light Given

In a candid discussion at the World Economic Forum in Davos, Switzerland, Bank of America CEO Brian Moynihan revealed a potential shift in the banking sector's stance on cryptocurrencies. Speaking to CNBC's Andrew Ross Sorkin, Moynihan expressed that the U.S. banking industry is poised to

Strategic Bitcoin Reserve

Massachusetts Senator Proposes Bill to Create State Bitcoin Reserve

In a significant move for the crypto space in the United States, Massachusetts State Senator Peter Durant has introduced legislation aimed at establishing a strategic Bitcoin reserve for the state. This development mirrors actions taken by other states like Texas, Pennsylvania, and Oklahoma, which are also considering similar legislative measures

Bitcoin

California Lawmaker to Draft Bitcoin Legislation

In an exciting bit of news, California State Representative Phillip Chen is collaborating with the nonprofit Proof of Workforce to draft legislation that supports Bitcoin. This action marks a notable step toward integrating crypto into state policy, reflecting a broader national trend under the incoming administration of President-elect Donald Trump,

Bitcoin Mining

Arkansas Legislature Considers Banning Bitcoin Mining Near Military Bases

The state of Arkansas is on the brink of passing legislation that could reshape the landscape for Bitcoin and crypto mining operations, particularly those near military installations. Senate Bill 60, introduced by Senator Ricky Hill and House Speaker Brian Evans, seeks to amend the Arkansas Data Centers Act of 2023