Policy & regulation

House Moves to Consider Unamended Infrastructure Bill

The House will consider the bipartisan infrastructure bill on Sept. 27.

Policy & regulation  ·  24 August 2021

State of Crypto: The Latest on Congress’s Crypto Tax Provision

It's still unclear whether Congress will adopt any amendments.

Policy & regulation  ·  24 August 2021

Crypto Long & Short: When China Spoke, Bitcoin Reacted. America? Not So Much

It could just be the U.S. is not the center of the crypto universe.

Policy & regulation  ·  22 August 2021

Neuberger Berman’s $164M Commodities Fund Can Invest 5% in Bitcoin

The investments manager increased a crypto bet it began chasing just last week.

Policy & regulation  ·  20 August 2021

Crypto Booster Brian Quintenz to Step Down as CFTC Commissioner

Quintenz will leave by Aug. 31.

Policy & regulation  ·  19 August 2021

Coinbase Stockpiles $4.4B in Case of ‘Crypto Winter’: Report

The crypto exchange increased its reserves from $1.1 billion at the end of 2020.

Policy & regulation  ·  18 August 2021
Federal Reserve

Crypto Made the Agenda at Last Month’s Fed Meeting

This appears to be the first time the topic has come up in the seminal monthly FOMC meeting.

Policy & regulation  ·  18 August 2021
Money Laundering

Bitcoin Mixing CEO Harmon Pleads Guilty to US Money-Laundering Charge

Larry Dean Harmon, the CEO of darknet bitcoin mixing service Helix, pled guilty Wednesday in D.C. District Court.

Policy & regulation  ·  18 August 2021

Netherlands’ Central Bank Issues Binance Warning

The Dutch central bank joined the ranks of regulators issuing warnings about the crypto exchange's activities.

Policy & regulation  ·  18 August 2021

Emmer, Soto Reintroduce Legislation to Clarify ‘Money Transmitter’ Designation

The congressmen called proposed guidance from the Financial Action Taskforce "concerning."

Policy & regulation  ·  17 August 2021

State of Crypto: The Crypto Provision in the Infrastructure Bill Now Depends on Non-Crypto Issues

The crypto industry wants to change a tax provision when the House takes up the Senate's infrastructure bill, but other issues may take precedence.

Policy & regulation  ·  17 August 2021

Congressmen McHenry, Thompson Call SEC Chair Gensler’s Remarks on Crypto ‘Concerning’

The two congressmen wrote that rather than potentially regulating innovation and job creation out of the U.S., lawmakers and regulators should “promote an active dialogue between regulators and market participants.”

Policy & regulation  ·  16 August 2021
New York

NYDFS Hiring New Deputy Superintendent for Virtual Currency

The move will bolster the state’s BitLicense regulator following Superintendent Linda Lacewell’s departure.

Policy & regulation  ·  16 August 2021

Biden Administration to Pick Acting Chairman Rostin Behnam to Head CFTC: Report

The regulator is charged with overseeing derivatives market activity, including cryptocurrency derivatives.

Policy & regulation  ·  16 August 2021

IRS, in Boon to Crypto, Will Reportedly Ignore How Bill Defines Broker; Bitcoin Rises

Citing an unnamed official, Bloomberg said Treasury won’t go after crypto firms that don’t meet the tax code’s definitions of a “broker.”

Policy & regulation  ·  13 August 2021