Biden expected to issue executive order on crypto and CBDCs next week: Report
Both President Barack Obama and the previous administration issued executive orders related to digital assets.
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US State Wants to Lead in Crypto Acceptance — Colorado to Accept Crypto for Tax Payments This Summer
The U.S. state of Colorado is preparing to accept cryptocurrency for tax payments, said Governor Jared Polis. “We expect to accept crypto by this summer,” he said, adding that after…
Banning Crypto Is Like Banning Internet in Russia, Finance Minister Says Amid Differences With Central Bank
It’s impossible to ban cryptocurrencies in Russia, the country’s minister of finance has stated in his first comments on his department’s latest disagreements with the Russian monetary authority. The two…
FBI is launching team to address crypto exploitation: US Deputy Attorney General
“The currency might be virtual, but the message to companies is concrete: if you report to us, we can follow the money and not only help you, but hopefully prevent…
SEC chair hints at no spot Bitcoin ETFs yet, but cites ‘careful consideration’ for future
Gary Gensler reiterated his stance of being technology-neutral, but that he would give “careful consideration” to the concerns Representatives Tom Emmer and Darren Soto raised.
Binance stopped ‘all activities focused on Israel’ following regulatory request: Report
"Following the intervention of the capital market, Binance has at this stage stopped marketing to Israelis and all activities focused on Israel until we examine the issue of licensing,” said…
Russia’s Economy Ministry Calls for Introducing ‘Acceptable’ Electricity Rates for Miners
The Ministry of Economic Development of Russia has suggested that crypto mining should be allowed in energy-rich regions and miners provided with access to inexpensive electricity. The department has joined…
The Republic of the Marshall Islands Allows Registration of DAOs as Legal Entities
The Republic of the Marshall Islands has announced it will allow decentralized autonomous organizations (DAOs) to become legal entities. At the time of writing, only one DAO has successfully incorporated…
UAE reportedly plans to issue federal crypto license for VASPs
The crypto license legislation might be the first nationwide crypto-focused regulation. However, various free zones in the country had introduced crypto regulations as early as 2018.
Coinbase and 17 Other Crypto Firms Launch ‘Travel Rule Universal Solution Technology’
On Wednesday, the publicly-listed cryptocurrency firm Coinbase announced the launch of a collaborative effort called TRUST, which stands for “Travel Rule Universal Solution Technology.” The plan is described as an…
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