cryptocurrency regulation us

Legislators in Wyoming Set to Legalize Crypto Custody at Banks
January 22nd, 2019

With the new legislation, Wyoming may become the first state in the U.S. where banks are allowed to provide custodial services for digital assets.

Thanks US Shutdown: Why Bakkt and Others Will Likely be Delayed
January 15th, 2019

The ongoing government shutdown achieved a new milestone on Friday by hitting the record for the longest shutdown in US history. While all the spheres are negatively affected, this has laso put key developments in the crypto space on hold.

SEC Puts Top Priority on Cryptocurrency ‘Examination’ in 2019
January 12th, 2019

The regulatory watchdog has recently published a report which talks about the examination and compliance inspection of the emerging cryptocurrency market.

New York Establishes the ‘Pioneer’ US Cryptocurrency Task Force
January 3rd, 2019

New York always leads in the financial world. Recently, the state created a task force to determine the perfect balance to regulate cryptocurrencies expected to take over the global financial space.

US Lawmakers Proposing a Bill to Challenge SEC’s Definition of Crypto as Securities
December 21st, 2018

Two U.S. congressmen Warren Davidson and Darren Soto, are introducing a bill that would exclude digital currencies from securities classification and substantially improve the tax treatment for cryptocurrencies.

US Congressmen Seek to Prevent Crypto Price Manipulation
December 8th, 2018

Congressman Darren Soto and Ted Budd have introduced the bills that direct the CFTC and other financial regulators to make recommendations for how to improve the crypto regulatory environment for both consumers and businesses.

US Lawmakers Urge IRS Develop Clear Rules on Cryptocurrency-related Profits Taxation
September 21st, 2018

U.S. lawmakers have called on the Internal Revenue Service to clarify a guidance for taxpayers earning gains on cryptocurrencies.

New Laws in California: Cryptos May Soon be Accepted as Campaign Donations
August 17th, 2018

If adopted, the proposed amendment will enable candidates for public office in California to receive donations in bitcoin and other digital currencies.

CFPB Launches Fintech Regulatory Sandbox To Foster Blockchain Innovation
July 20th, 2018

The new fintech regulatory sandbox will look into activities of individual microlending while developing new alternatives for the traditional credit scores. 

CFTC Warns The Congress For Hasty Crypto Rules During Congressional Hearing
July 19th, 2018

The latest Congressional Hearing had academic, engineering and entrepreneurial experts discussing how digital currencies should be dealt amid the existing need of innovation and education in this space.