After all the drama of the past week, the industry is right where it was eight days ago.
The infrastructure bill's crypto tax provision helped hold up the overall bill last week.
The Senate could still adopt an amendment to the crypto provision through unanimous consent, but it would require every senator to agree.
The exchange violated securities law, according to the SEC.
A handful of lawmakers have expressed support for the Wyden/Toomey/Lummis amendment to the crypto provision.
Regulators worldwide have said the exchange isn't authorized to conduct regulated activities in their countries.
The SEC chairman's comments this week are causing issuers to readjust their expectations for the approval of a spot bitcoin ETF.
A tale of crypto rivalry, multimillion-dollar contracts, and bureaucratic definitions of “small business.”
The city's finance department will work with Medici Land Governance on a proof of concept blockchain for land records.
Rosfinmonitoring will pay $200,000 for a tool to identify crypto users and see if they are involved in criminal activities.
In testimony before the Senate Banking Committee, Michael Hsu said some past crypto initiatives had not been done “in coordination with all stakeholders.”
Miller served as legal counsel to SEC Chairman Gary Gensler, when Gensler was at the CFTC.
Congress's infrastructure bill may not be great for the U.S. crypto sector, but that there's a tax provision at all shows lawmakers recognize the industry's permanence.
The crypto provision in the U.S. infrastructure bill was one of a handful of issues that nearly delayed the entire package.
Gensler did not comment on the potential approval of a crypto exchange-traded fund.