The US Should do The Opposite of China on Crypto: a16z Partner
Speaking at CNBC’s Delivering Alpha conference on Sept. 29, a16z partner Katie Haun said the U.S. should look towards China for what not to do. She was referring to Beijing’s…
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SEC Chair Reiterates Support for Bitcoin Futures ETFs, But Concerned About Investors’ Protection
The United States Securities and Exchange Commission (SEC) Chairman, Gary Gensler, has once again renewed his support for the approval of Bitcoin Exchange-traded Funds (ETFs) in the country. Gensler told the…
Crypto is impossible to destroy, says Tesla CEO Elon Musk
The decentralized nature of cryptocurrencies may be a challenge for the Chinese government, Elon Musk suggested.
The CFTC Fines Kraken $1.25M for Offering Unregulated Margin Trading
According to a CFTC statement on Sept. 28, Kraken allowed U.S. customers to access products that were supposed to be prohibited for them. The order requires Kraken to pay a…
CFTC hits Kraken with $1.25M in fines over alleged illegal offering
“Margined, leveraged or financed digital asset trading offered to retail U.S. customers must occur on properly registered and regulated exchanges in accordance with all applicable laws and regulations,” said Vincent…
CFTC commissioner Dan Berkovitz will become SEC general counsel
The commissioner has said the CFTC’s enforcement actions in the crypto space have been “aggressive," and hinted that decentralized finance platforms were likely illegal under the Commodity Exchange Act.
Miami Working on Allowing Tax Payments in Bitcoin, Promised Mayor Suarez
A few months after hinting that Miami residents could soon be able to pay their taxes with bitcoin, the city’s mayor – Francis Suarez – said the process has begun…
Bacon Protocol launches decentralized mortgage platform
The platform gives crypto holders direct access to the mortgage investment market, which is currently controlled by banks and governments.
Crypto tax ‘a top enforcement priority,’ reminds IRS Commissioner
The IRS’ commissioner says crypto gains are taxable in the cannabis industry as the IRS treats cryptocurrencies as property.
Coinbase Will Let You Get Your Paycheck in Crypto With a Couple of Clicks
Coinbase, the leading cryptocurrency exchange in the United States, announced a few hours ago that american citizens will be able to automatically receive their paycheck in crypto. The new “Get…
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