
Regulation
US progress bill to repeal controversial digital asset tax rule
The IRS regulation intends to include decentralized exchanges and requires brokers to disclose gross proceeds from digital asset sales.
SEC dumps more lawsuits but not everyone done with the whip
The SEC has given charges against 'crypto' crooks, such as Coinbase, Gemini, and Consensys, but other U.S. law enforcement agencies...
This week in crypto: Behind SEC’s new hands-off approach
The U.S. SEC's move to drop crypto lawsuits opened the door for industry growth but also created an environment thriving...
Congress talks stablecoins as Ardoino fears for Tether’s life
Tether CEO Paolo Ardoino fears that his firm could soon lose its dominance in the stablecoins market as Congress considers...
Saudi Arabia’s Web3 alliance; Dubai warns against memecoins
In other news, Dubai's VARA warned consumers about the dangers of investing in memecoins, stating they are "highly speculative and...
Japan may change digital asset classification to ‘investments’
Japan's FCA proposed to place digital or "crypto" assets under the Financial Instruments and Exchange Act, similar to company shares.
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