News with the tag "Blockchain Association"

Already losing its legal fight with the crypto industry over a rule that would have expanded the definition of regulated securities dealers to include a wide array of digital assets operations, the U.S. Securities and Exchange Commission has given up its appeal . The SEC has been in reset mode on it...

Hold onto your hats, crypto enthusiasts! A major showdown is brewing in the world of decentralized finance (DeFi) and US regulations. The Blockchain Association, a powerful voice in the crypto industry, is stepping up to challenge a controversial new rule from the Internal Revenue Service (IRS). Thi...

In a major shift in trends over the last four years, the US Securities and Exchange Commission dismissed the appeal of the infamous “dealer rule,” cementing a complete victory for the Blockchain Association (BA), the Crypto Freedom Alliance of Texas (CFAT), and the crypto industry at large. The deal...

The Blockchain Association and 75 members have petitioned Congressional leaders to repeal a recent Internal Revenue Service (IRS) regulation that threatens to drive the U.S. decentralized finance (DeFi) offshore. The Blockchain Association also pointed out in a letter to the leaders of both houses a...

Nearly every big name in the crypto industry has signed onto a letter calling for Congress to eliminate a U.S. tax policy they say could jeopardize decentralized finance (DeFi) technology by shoehorning much of that space into the field of brokers subject to data collecting and reporting. The Intern...

The United States House Committee on Oversight and Government Reform is launching a probe into allegations that US banks were de-banking prominent members of the crypto industry. In a letter addressed to Uniswap Labs CEO Hayden Adams, Andreessen Horowitz partner Marc Andreessen, Coinbase CEO Brian A...

An investigation in the U.S. House of Representatives and a hearing in the Senate will examine whether financial regulators during the administration of former President Joe Biden deliberately cut off crypto industry leaders and others from the banking system in an inappropriate use of authority. “D...

U.S. Securities and Exchange Commission member Caroline Crenshaw is "even more extreme" than Chair Gary Gensler, according to a digital advertising campaign now being launched by Cedar Innovation Foundation — a dark-money group funded by unnamed crypto interests. Commissioner Crenshaw, who is set to...

Crypto advocacy group Blockchain Association has reached out to US President-elect Donald Trump and the newly elected US Congress on ways to create a favorable regulatory environment for the digital asset industry. Related Reading: Strategic Bitcoin Reserve Possible Within Trump’s First 100 Days, Sa...

As President-elect Donald Trump prepares to assume office on January 20, 2025, the cryptocurrency industry is optimistic for a new regulatory era. The Blockchain Association, a nonprofit organization focused on promoting innovation and fostering a supportive policy environment for digital assets, ha...