Cryptocurrency exchanges operating in Brazil face mounting compliance costs and unanswered regulatory questions ahead of a license application deadline. Exchanges already operating in Brazil must apply for authorization by Friday to continue operating, but the […]
The French Senate adopted a bill to allow tax authorities to automatically exchange crypto transaction data with their foreign counterparts. The bill passed its first reading on Tuesday and was then transmitted to the National […]
The US Commodity Futures Trading Commission (CFTC) announced legal action against Utah officials after the state’s attorney general said he would sue to compel Kalshi and its affiliates to return up to $60 million in […]
European Central Bank Executive Board member Piero Cipollone said the digital euro that is set for a pilot next year has the potential to give the bloc “sovereignty” over a payments infrastructure that currently requires […]
The US Internal Revenue Service (IRS) is preparing to overhaul its voluntary disclosure program, with plans to reduce penalties and accelerate the resolution of tax violations, including those involving cryptocurrencies, according to a Friday report […]
A lobbying group for US banks has weighed in on the Office of the Comptroller of the Currency’s (OCC’s) recently finalized rules on payment stablecoin issuance and custody, arguing that the regulator’s interpretation went against […]
Protect Progress, an affiliate of the cryptocurrency-aligned Fairshake super political action committee (PAC), reported spending $362,000 on ads to support a Democrat in California’s 14th congressional district, just weeks after she won a special election […]
Affiliates of the Fairshake political action committee (PAC), largely funded by Coinbase and Ripple Labs, have increased their initially announced expenditures by more than 50% in what could be a key race for control of […]
Bo Hines, previously a crypto adviser to US President Donald Trump who later joined stablecoin issuer Tether, reportedly kept a stake in a company that profited from the passage of a stablecoin bill when he […]
After US lawmakers failed to pass a comprehensive digital asset market structure bill, financial regulators stepped up efforts to change rules around the oversight and enforcement of crypto companies and offerings. However, the two primary […]