The US Office of the Comptroller of the Currency (USOCC) is poised to release its final implementation rule for the $GENIUS Act …
Rule
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The sponsors said the measure was intended to combat tax evasion, citing a parliamentary inquiry into the taxation of wealthy individuals, which …
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Regulation
Illinois backs delay to crypto tax rule after months of industry pushback
by shayaanby shayaanThe court had not been confirmed to have entered the order as of Oct. 4. The move marks a shift in the …
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Markets
U.S. scraps proposed $10,000 reporting rule for for crypto sent to private wallets
by shayaanby shayaanFinCEN withdrew two proposals that had hung over self-custody and crypto mixers for years without ever taking effect. www.coindesk.com
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Finance
Bitcoin think tank questions MSCI’s ‘invisible committee’ over Strategy, Metaplanet rule
by shayaanby shayaanUnder the broader proposal, MSCI would first assess whether a company has substantial operating assets before applying five additional financial tests. Its …
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Finance
Brazil’s $252 billion crypto market gets $10,000 self-custody reporting rule
by shayaanby shayaanThe threshold operates automatically. Institutions do not need to determine that a transaction is suspicious before filing a report, meaning legitimate transfers …
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Markets
Bitcoin, Nasdaq futures decline as Trump won’t rule out more Iran strikes
by shayaanby shayaanTrump on Sunday didn’t rule out additional strikes on Iran before the midterm elections, even as he said the war could end …
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Regulation
Why Trump backed a crypto ethics rule that stopped at the family business
by shayaanby shayaanWashington came surprisingly close this week to writing a dollar amount into one of its thorniest crypto ethics rule debates. Under the …
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Crypto wallet manufacturers now have just 24 hours to alert European regulators when a vulnerability in one of their products is actively …
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The U.S. Securities and Exchange Commission has approved a Nasdaq Texas rule change that adds a formal definition of digital commodity to …