News with the tag "Crypto Regulation News"

The US House GOP has announced the week of July 14 as “Crypto Week” to push three key crypto bills. Lawmakers will consider the CLARITY Act, the Anti-CBDC Surveillance State Act, and the Senate’s GENIUS Act, to be brought to a vote. NEW: Chairman @RepFrenchHill , @HouseAgGOP Chairman @CongressmanGT ...

New York Attorney General Letitia James has raised serious concerns over the recently passed GENIUS Act, warning Congress that the bill, in its current form, could leave investors and the U.S. financial system vulnerable. In a letter sent Monday to congressional leaders, James urged lawmakers to slo...

The Department of Government Efficiency (DOGE) is now targeting the SEC’s rules on Special Purpose Acquisition Companies (SPACs) and confidential data reporting by private investment advisers. Per Reuters, the SEC adopted those rules during the Biden administration to enhance investor protection and...

Connecticut Governor Ned Lamont has officially signed into law a comprehensive “Bitcoin Reserve Ban” that prohibits the state from accepting, holding, or investing in digital asset. The legislation, known as H.B. 7082, passed unanimously through both the state House of Representatives and Senate wit...

Malaysia’s Securities Commission (SC) has proposed sweeping changes to its digital asset exchange (DAX) regulatory framework. This follows a sharp rise in digital asset trading, which hit a record RM13.9 billion ($2.9 billion) in 2024, more than double the volume recorded in 2023. According to the c...

The United States Supreme Court has declined to hear a case challenging the Internal Revenue Service’s ability to access cryptocurrency user data, leaving in place a lower court ruling that allows the agency to collect records from Coinbase. In an order released Monday, the justices denied a petitio...