The SEC chief has a point: DeFi is often not as decentralized as its proponents like to claim.
The watchdog isn't banning the exchanges.
The development shows potential for many foreign exchanges to pull or limit services within the country ahead of tougher regulations.
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.”
Linda Lacewell announced a revamp of NYDFS's BitLicense last year.
The infrastructure bill shows it is time for serious crypto activism. That means mapping out campaigns, says a professional campaigner.
There's a silver lining in Congress' efforts to impose a tax on crypto transactions: The U.S. finally accepts crypto is part of the economy.
Bitcoin pulled back as traders digest regulatory developments in the U.S.
The bill as written has the potential to thrust every single transaction by U.S. crypto users into an invasive dragnet.
Senators had hoped to pass the bipartisan bill on Thursday night, but issues remained unresolved around the cryptocurrency regulations.
Regulators worldwide have said the exchange isn't authorized to conduct regulated activities in their countries.