News with the tag "Rule"

Bitcoin Magazine The Current State Of The IRS Broker Rule Between the holidays and New Years, the IRS used the last passing days of the Biden administration to finalize its long feared Broker Rule : a regulation requiring all cryptocurrency exchanges – custodial and non-custodial, fiat to crypto and...

The U.S. Senate has voted to repeal a Biden-era rule that sought to impose stringent reporting requirements on decentralized exchanges. The decision, made on March 4 with a 70-27 vote, effectively nullifies a regulatory framework that would have mandated DeFi protocols to report crypto transactions ...

The FDIC’s release of 175 documents marks a major shift toward transparency, signaling new opportunities for banks to engage in crypto as regulators reassess outdated policies. Regulators vs. Crypto: FDIC Signals New Approach With Massive Document Dump The Federal Deposit Insurance Corporation (FDIC...

In a significant shift for U.S. banking and cryptocurrency regulation, President Donald Trump has officially repealed Staff Accounting Bulletin 121 (SAB 121), a controversial rule imposed by the Securities and Exchange Commission (SEC). What Was the Rule? SAB 121 required banks to classify crypto as...

Binance updates crypto rules for Polish users, requiring more sender and recipient details on transactions to align with the EU’s MiCA regulatory framework.

Russia has introduced new regulations to enhance oversight of cross-border cryptocurrency transactions , requiring citizens and businesses to provide detailed documentation for such activities. The Central Bank of Russia announced that as of January 11, 2025 , residents must register foreign trade c...

Bybit will cease withdrawal and custody services for French users by Jan. 8, 2025, amid increased regulatory pressures.

Non-compliant stablecoins listed on Canadian-registered crypto platforms will be required to be delisted by Dec. 31, 2024.

The Travel Rule Universal Solution Technology (TRUST), backed by Coinbase, focused on developing an anti-money laundering system for crypto transactions, is launching TRUSThub to expand its reach. TRUST includes some of the largest virtual asset service providers (VASPs) including Baanx, Coinpass, F...

For centuries, self-custody has symbolized financial autonomy, enabling individuals to secure their wealth—from gold to cash—without intermediaries. Bitcoin extends this principle into the digital realm, offering a censorship-resistant, decentralized way to hold assets. Yet, upcoming European regula...