Regulations

A collection of 164 posts

Bitcoin Mining

Senator Ted Cruz Introduced FLARE Act to Transform Flared Gas into Bitcoin Mining Power

On April 1, 2025, Senator Ted Cruz introduced a new piece of legislation aimed at repurposing flared natural gas from oil drilling operations into a resource for mining Bitcoin and other digital assets. Known as the Facilitating Lower Atmospheric Released Emissions Act, or FLARE Act, this bill seeks to tackle

Crypto

Japan Set to Recognize Crypto Assets as Financial Products in Major Legal Shift

In a significant step toward integrating digital currencies into its financial framework, Japan is preparing to grant crypto assets legal status as financial products. According to a report from the Nikkei business daily published on Sunday, the country’s Financial Services Agency (FSA) is planning to amend the Financial Instruments

Regulations

FDIC Lifts Crypto Restrictions for Banks A Step Toward Financial Innovation

On March 28, 2025, the Federal Deposit Insurance Corporation announced a significant policy shift that could reshape the relationship between traditional banking and the crypto sector. The FDIC has officially reversed its 2022 rule, which previously required banks to obtain prior approval before engaging in crypto related activities. This decision,

Regulations

Senate Approves Repeal of IRS Crypto Tax Rule as Trump Prepares to Sign Historic Legislation

The U.S. Senate voted late Wednesday to repeal a contentious tax rule imposed by the Internal Revenue Service, marking a pivotal moment for decentralized finance regulation. The decision, passed with a decisive 70-28 vote, now heads to President Donald Trump’s desk, where it is widely anticipated to be

Bitcoin

Kentucky Embraces Cryptocurrency with New Self-Custody Law

In a significant step toward supporting cryptocurrency adoption, Kentucky Governor Andy Beshear signed House Bill 701 into law on March 24, 2025, bolstering protections for individuals who choose to self-custody their Bitcoin and Ethereum. This legislation, which sailed through the state’s House with a unanimous 91-0 vote on February

Ethereum

US Treasury Removes Sanctions on Ethereum Mixer Tornado Cash in Policy Shift

The United States Treasury Department has officially lifted sanctions on Tornado Cash, an Ethereum based coin mixing service, undoing a decision made in 2022. This change, announced today, marks a significant shift in the government’s approach to regulating privacy-focused cryptocurrency tools. The Treasury’s Office of Foreign Assets Control,

Bitcoin

SEC Confirms Bitcoin and Proof of Work Mining Are Not Securities Under US Law, Offering Clarity for Miners

In a significant development for the crypto industry, the U.S. Securities and Exchange Commission has clarified that Bitcoin and its Proof of Work mining activities do not qualify as securities under current U.S. law. Announced on March 20, 2025, this decision brings long-awaited regulatory certainty to Bitcoin miners

Bitcoin

North Carolina Lawmakers Propose 10% Investment into Bitcoin ETFs for State Funds

North Carolina lawmakers have put forward a new bill (SB327) that could see the state allocate up to 10% of its public funds into Bitcoin exchange-traded products, marking a notable step in the growing trend of cryptocurrency adoption by U.S. states. Introduced on Monday by Representative Destin Hall, alongside

Crypto

Argentina Unveils Robust Crypto Oversight Framework to Boost Transparency

Argentina is stepping into the spotlight of global cryptocurrency with a freshly minted regulatory framework designed to tighten oversight of virtual asset service providers (VASPs). Known as Resolution No. 1058, this initiative from the country’s Comisión Nacional de Valores (CNV) introduces a comprehensive set of rules aimed at ensuring

Strategic Bitcoin Reserve

Lawmaker Pushes to Lock In Trump’s Strategic Bitcoin Reserve with New Legislation

A bold move is underway in Washington as U.S. Representative Byron Donalds, a Republican from Florida, prepares to unveil legislation aimed at securing President Donald Trump’s Bitcoin reserve and national stockpile for the long haul. Sources close to the matter reveal that this bill is designed to enshrine

Regulations

Congress Overturns IRS Crypto Rules, Boosting Digital Asset Innovation

In a significant victory for the cryptocurrency industry, Congress has taken decisive action to dismantle controversial IRS regulations that many feared were choking the growth of digital assets in the United States. On March 11, 2025, the U.S. House of Representatives passed H.J. Res. 25, a resolution aimed

Bitcoin

Senator Lummis Reintroduces BITCOIN Act Proposing Major Bitcoin Purchase for Strategic Reserve

Earlier today, Senator Cynthia Lummis says she reintroduced the BITCOIN Act during a conference hosted by the Bitcoin Policy Institute. The event, attended by notable figures like Michael Saylor and Vivek Ramaswamy, provided a platform for Lummis to outline her vision for a U.S. strategic Bitcoin reserve. This move

Bitcoin

El Salvador Expands Crypto Regulation Reach with New Paraguay Agreement

El Salvador has taken another significant step in its mission to shape the global crypto landscape by signing a regulatory agreement with Paraguay. This move, formalized last Friday, marks the second such partnership El Salvador has secured in the past three months, following a similar deal with Argentina in December.

Regulations

Cayman Islands Introduces Crypto Regulations with New Licensing Rules for Trading and Custody Providers

The Cayman Islands has introduced significant updates to its cryptocurrency regulatory framework, setting a clear path for businesses involved in virtual asset services. As of April 1, 2025, any entity providing virtual asset custody or operating a crypto trading platform within or from this British Overseas Territory will need to

Crypto

Trump Unveils Bold Vision at White House Crypto Summit

On March 7, 2025, the White House became the stage for a historic moment in the world of digital finance as President Donald Trump hosted the first-ever Crypto Summit. The public session offered a glimpse into Trump’s ambitious plans to position the United States as a global leader in

Coinbase

Coinbase Explores Tokenizing Its Stock $COIN Amid Shifting Crypto Regulations

Coinbase, the largest U.S. crypto exchange, is reportedly exploring the tokenization of its stock, $COIN. This move signals a potential bridge between traditional finance and decentralized finance, capturing the attention of investors and crypto enthusiasts as regulatory tides are evolving under the Trump administration. The concept of tokenizing $COIN

DeFi

White House Backs Repeal of IRS DeFi Broker Rule to Support Crypto Innovation

Today David Sacks, appointed as the White House’s AI and crypto czar under President Donald Trump, announced the administration’s support for a Congressional Review Act resolution aimed at overturning a controversial IRS rule affecting decentralized finance platforms. This resolution, introduced by Senator Ted Cruz and Representative Mike Carey,

Regulations

House Representatives Launch Congressional Crypto Caucus to Advance Pro-Crypto Legislation

The recent unveiling of the Congressional Crypto Caucus by a bipartisan group of House Republicans and Democrats headed up by Tom Emmer and Ritchi Torres, marks a pivotal moment for cryptocurrency policy in the United States. This initiative as reported by FOX Business Eleanor Terret, driven by lawmakers eager to

Memecoins

SEC Clarifies Stance on Memecoins in Statement Saying They Are Not a Security

The U.S. Securities and Exchange Commission’s released a statement that could reshape how the crypto community views memecoins. These digital assets, born from internet culture and fueled by online enthusiasm, have long existed in a gray area of regulatory oversight. Today’s announcement brings a measure of clarity,

Stablecoin

How Senator Lummis Aims to Shape U.S. Cryptocurrency Regulation

On February 27, 2025, Senator Cynthia Lummis of Wyoming shared her thoughts following a recent Senate hearing on digital assets. As the newly appointed chair of the Senate Subcommittee on Digital Assets, a role she assumed in January 2025 under Senate Banking Committee Chair Tim Scott, Lummis is steering the

Memecoins

Democrats Introduce Bill to Ban Memecoin Profits for Presidents and Top Officials

House Democrats are taking aim at President Donald Trump’s memecoin. Leading the charge is California Representative Sam Liccardo, who announced plans to introduce the Modern Emoluments and Malfeasance Enforcement Act, or MEME Act. The legislation seeks to curb what Liccardo and his supporters describe as a troubling trend of

Stablecoin

Bank of America Eyes USD Pegged Stablecoin Launch Amid Potential Regulatory Shifts

Bank of America has a bold plan to launch a USD pegged crypto stablecoin, a move announced by CEO Brian Moynihan during a recent interview at the Economic Club of Washington, D.C. Moynihan, a seasoned leader who has steered Bank of America since 2010, emphasized that the bank is

Regulations

Senator Cynthia Lummis to Lead Digital Asset Hearing to Shape Crypto Future

U.S. Senator Cynthia Lummis of Wyoming is set to chair the inaugural hearing of the Senate Banking Subcommittee on Digital Assets, marking a pivotal moment for blockchain and crypto regulation in the United States. Lummis shared her excitement about this historic first step toward crafting bipartisan legislation that will

Coinbase

Coinbase Urges Congress to Revamp Crypto Laws with Six Key Priorities

Coinbase, a major player in the crypto exchange space, is calling on Congress to step up and tackle the messy state of crypto regulation in the United States. The company has laid out six critical priorities aimed at straightening out the legal tangle, safeguarding consumers, and keeping blockchain innovation from

Memecoins

Hester Pierce Weighs in On Memecoins, Says SEC Won’t Bail Out Investors

Hester Peirce, known in the cryptocurrency world as "Crypto Mom" for her supportive stance on digital assets, has issued a stern warning to traders dabbling in memecoins. During her recent appearance on the Bankless podcast, the SEC Commissioner clarified that the government might not be there to rescue