One of the most crucial U.S. regulations for crypto markets couldn’t secure enough support to clear the Senate’s final 60-vote hurdle. www.coindesk.com
Crypto
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Kazakhstan will establish a National Cryptocurrency Analytics Center to monitor transactions involving digital assets, National Bank Chairman Timur Suleimenov said at a …
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Coinbase, Circle and Galaxy lead a broad crypto stock selloff after the U.S. Senate failed to advance a long-awaited market structure bill. …
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Regulation
IRS issues ‘roughly 10,000 letters per month’ for crypto audit – Trump allegedly exempt
by shayaanby shayaanThe U.S. federal government’s Internal Revenue Service (IRS) has come up with a crypto tax audit system. According to Clinton Donnelly, an …
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Stand With Crypto is actively mobilizing public support ahead of the crucial cloture vote for the CLARITY Act scheduled for tomorrow. This …
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Markets
SEC's Atkins backs Clarity Act but says agency will keep pushing crypto rules without it
by shayaanby shayaanThe SEC chair said crypto issuance, transfer agent modernization and custody will form the backbone of the agency’s regulatory push. www.coindesk.com
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Mining
Oman Cracks Down on Unlicensed Crypto Mining, Warns Equipment Suppliers
by shayaanby shayaanOman has moved to stop the sale of cryptocurrency mining equipment to unlicensed operators, with the Ministry of Commerce, Industry and Investment …
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The CLARITY Act and the EU’s MiCA framework solve the same problem in opposite ways. The CLARITY Act sorts crypto by asking …
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The Clarity Act could give banks, brokers and asset managers a clearer rulebook, but financial firms have already moved far enough into …
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Regulation
17 State Attorneys General Put the Clarity Act in Their Crosshairs After Senators Release New Version of Crypto Bill
by shayaanby shayaanA group of bipartisan state attorneys general is wading into the Clarity Act debate as the Senate prepares for an upcoming procedural …