News with the tag "Cryptocurrency Law"

Kraken, a major cryptocurrency exchange, has reached a turning point as the Department of Justice drops an inquiry against it, potentially restoring stakeholder confidence and setting a precedent for future cases.

The U.S. House of Representatives has passed three significant legislative bills aimed at regulating digital assets, including the GENIUS Act for stablecoins, the CLARITY Act for digital asset markets, and the Anti-CBDC Act to prohibit the issuance of a U.S. central bank digital currency.

The White House, under President Donald Trump, is proposing a policy to eliminate capital gains tax on Bitcoin and other cryptocurrencies in the USA, aiming to foster a more favorable environment for the crypto sector and financial tech innovation.

The U.S. has approved the GENIUS and CLARITY regulations to provide frameworks for cryptocurrency regulation, including stablecoin requirements and oversight, with bipartisan support.

Bitcoin prices have surged beyond $120,000 amid legislative developments in the U.S. Congress, including the approval of the GENIUS bill related to stablecoins and the shelving of the STABLE bill. Analysts also highlight potential price targets for altcoins like ONDO and LINK.

Hungary's new cryptocurrency regulations impose severe restrictions and criminalize certain crypto activities, creating legal ambiguity and diverging from the EU's MiCA framework, which aims to integrate crypto with consumer protection and market integrity.

Donald Trump has taken supportive steps towards cryptocurrencies, influencing global crypto regulation, while the Bank of England's Governor Andrew Bailey expresses caution, potentially hindering stablecoin adoption in the UK.

Grayscale is challenging the SEC's decision to halt the conversion of its Digital Large Cap Fund (GDLC) into an ETF, arguing that the SEC lacks the authority under Section 19b of the Securities Exchange Act.

The U.S. House of Representatives is preparing to vote on key crypto legislation, including the 'Digital Asset Market Clarity Act of 2025' and the 'GENIUS Act', aimed at providing regulatory clarity and oversight for the crypto sector.

Binance has launched Sharia Earn, a Sharia-compliant crypto service, certified by Amanie Advisors, to cater to the needs of Muslim users globally.