The U.S. Securities and Exchange Commission must now thoroughly “explain itself” for refusing to grant Coinbase.’s formal request that the agency write …
Rules
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Regulation
Russia Tightens Digital Asset Rules With Stricter Trade Oversight Standards
by shayaanby shayaanRussia’s central bank now mandates the registration of foreign exchange trade contracts involving digital rights, aiming to enhance oversight, integrate cryptocurrencies, and …
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Markets
EU's MiCA Rules Will Likely Boost Euro Denominated Stablecoins, JPMorgan Says
by shayaanby shayaanThe EU’s MiCA regulations, which came into effect on Dec. 30, will likely boost euro denominated stablecoins, JPMorgan (JPM) said in a …
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This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. We got another expected Biden-era cabinet member resignation …
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The Financial Action Task Force Travel Rule, designed to combat money laundering and terrorist financing, is central to a debate on balancing …
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Regulation
New EU travel rules go into effect in 2025, non-compliant tokens and bank cards affected
by shayaanby shayaanThe European Union (EU) is rolling out significant travel regulation changes starting in 2025, with new rules affecting the use of bank …
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Regulation
IRS Postpones Implementation of New Tax Rules for Crypto Asset Holders Interacting With Centralized Exchanges
by shayaanby shayaanThe Internal Revenue Service (IRS) is suspending the implementation of new tax rules that will affect investors who hold crypto assets in …
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China has rolled out new regulations to identify and control risky foreign exchange activities, including those involving cryptocurrencies, the South China Morning …
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Regulation
IRS grants temporary relief on crypto tax reporting rules amid legal challenges
by shayaanby shayaanThe Internal Revenue Service (IRS) issued temporary relief on crypto cost-basis reporting rules, potentially averting increased tax liabilities for digital asset investors. …
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Andreessen Horowitz’s blockchain arm, A16z Crypto, has criticized the US Internal Revenue Service (IRS) and the Treasury Department over their new DeFi …