News with the tag "Crypto Regulation News"

New York Assembly bill proposes a 0.2% excise tax on crypto and NFT transactions to fund substance abuse prevention programs, reflecting broader global trends in crypto taxation.

Senator Elizabeth Warren warns that current cryptocurrency frameworks, including the GENIUS Act and CLARITY Act, could destabilize the U.S. economy and criticizes President Trump's crypto ventures for potential corruption risks.

The article highlights recent U.S. crypto regulatory developments, including Trump's support for crypto in 401(k) accounts, the SEC's clarification on liquid staking, and the nomination of a pro-crypto economist to the Federal Reserve Board.

The National Bank of Ukraine (NBU) supports the legalization of cryptocurrencies but opposes their use as legal tender, emphasizing compliance with European regulations and preventing circumvention of currency restrictions.

Grassroots organizations, backed by crypto entities like Coinbase, are mobilizing millions of voters and influencing crypto legislation in the U.S., while state-level efforts are shaping favorable regulatory environments.

SEC Commissioner Hester Peirce defends crypto privacy rights, criticizing outdated financial surveillance laws like the Bank Secrecy Act, while Tornado Cash developer Roman Storm faces legal challenges.

The Philippine SEC has flagged ten unregistered crypto exchanges for non-compliance and warned the public against engaging with them due to lack of licensing and authorization.

SEC Chair Paul Atkins reaffirms the U.S. commitment to fostering crypto innovation through initiatives like Project Crypto, aiming to modernize regulations and maintain U.S. dominance in crypto markets.

US regulators, including the CFTC and SEC, are accelerating crypto regulatory efforts under President Trump's digital asset agenda, while concerns about conflicts of interest arise regarding Trump-linked crypto ventures.

Former UK finance minister George Osborne warns that the UK is falling behind global competitors in cryptocurrency adoption due to vague and insufficient efforts by current officials, urging bold reforms akin to the 1980s financial deregulation.