The U.S. Securities and Exchange Commission (SEC) has recently introduced new guidelines aimed at easing the transition for institutional investors into the realm of digital assets. This subtle yet potentially monumental shift, articulated in an updated FAQ released on May 15, 2023, reflects a growing recognition within regulatory frameworks about the significance of cryptocurrencies and
Regulation
In a bold move that could reshape the cryptocurrency investment terrain, the Cboe BZX Exchange has submitted a proposal to the Securities and Exchange Commission (SEC) to list the Canary Staked TRX ETF. This proposed exchange-traded fund is set to be a pioneer—marking the debut of a U.S.-based spot Tron ETF that offers staking rewards.
The impending departure of Summer Mersinger from the Commodity Futures Trading Commission (CFTC) to take the helm at the Blockchain Association on June 2 represents a seismic shift in the landscape of digital asset regulation. With Mersinger stepping in as CEO, the organization not only gains a seasoned regulator but one who embodies the delicate
In the intricate landscape of American taxation, a rising conflict looms in the horizon—specifically regarding the Corporate Alternative Minimum Tax (CAMT) and its implications for the cryptocurrency market. Recently, Senators Cynthia Lummis and Bernie Moreno raised significant concerns about how this regulation penalizes U.S. companies for unrealized gains on digital assets, all stemming from a
In a momentous address that has sent ripples through the financial and technology sectors, Securities and Exchange Commission (SEC) Chairman Paul Atkins has unveiled a transformative three-part strategy aimed at modernizing U.S. crypto asset policy. This shift is not just a mere adjustment but rather a clarion call for the evolution of regulation to keep
The recent debates over the integrity of U.S. President Donald Trump’s forays into cryptocurrency have ignited a firestorm of scrutiny and controversy. With whispers of conflict of interest gaining momentum, lawmakers are finding it increasingly difficult to push forward major stablecoin legislation. The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, aimed at
The cryptocurrency industry is experiencing seismic shifts, and stablecoins are at the forefront of this revolution. Ripple CEO Brad Garlinghouse recently urged U.S. lawmakers to expedite regulatory frameworks for stablecoins, signaling a clarion call for vigilance over American financial sovereignty. In a detailed commentary posted on social media, Garlinghouse warned that the absence of coherent
The recent filing by the US Securities and Exchange Commission (SEC) to settle its long-standing case against Ripple and its leading figures, CEO Brad Garlinghouse and Executive Chairman Chris Larsen, is more than just a financial transaction; it’s a pivotal moment in the ongoing evolution of cryptocurrency regulation. With a proposed payment of $50 million
On May 7, 2023, the Office of the Comptroller of the Currency (OCC) made a transformative announcement that gives federally chartered banks and savings associations a clearer path to engage in cryptocurrency services. Through Interpretive Letter 1184, the OCC has outlined that banks can not only offer custody but also execution services for crypto assets,
The landscape of digital assets is as dynamic as it is volatile, creating a battleground where innovation meets regulatory reluctance. In recent months, crypto’s resurgence has captured the attention of investors and policy-makers alike, notably during the early days under the Trump Administration. However, this momentum is precarious and may hinge on the legislative actions
