The move provides an opportunity to get ahead of the regulatory curve – a sore point for the exchange in recent weeks.
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.”
Congress should focus on trading, lending and decentralized finance, the securities regulator said.
The departure of Coinbase's VP of capital markets points to a strategy shift within the publicly traded crypto exchange.
Gensler did not comment on the potential approval of a crypto exchange-traded fund.
Teng, who has become a member of the board, brings a wealth of experience from the financial and fintech sectors across multiple countries.
The companies, whose names weren’t disclosed, are not registered with the agency, the Financial Intelligence Unit said.
The state’s securities regulator contends BlockFi is selling an “unregistered security” to its customers.
Federal Reserve Chairman Jerome Powell, Securities and Exchange Commission Chair Gary Gensler and Commodity Futures Trading Commission Acting Chair Rostin Behnam will also participate in Monday's meeting.
The move is a sign of increasing concern that new forms of private money could disrupt Japan's financial system.
World regulators have announced warnings around Binance, drawing attention to the exchange's operations and hinting at future actions.
The Cayman Islands' financial watchdog said that Binance has not registered to operate in the nation and that it was investigating the matter.