Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The new United States stablecoin bill, known as the “Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act,” is a big move for safeguarding blockchain innovation in the US. Sponsored by…
Mark Uyeda, acting chair of the United States Securities and Exchange Commission, has hinted that the regulator could consider a regulatory ‘sandbox’ for crypto firms looking to offer trading of tokenized securities. Uyeda made the comments in an opening speech at the SEC’s Crypto Task Force’s second roundtable that focused on crypto trading. According to…
North Carolina lawmakers have proposed a bill that would allow citizens to use crypto assets to carry out economic transactions, including tax payments. In a bill filing sponsored by State Representative Neal Jackson, House Bill 920 aims to allow the use of crypto assets for tax payments as well as other economic transactions. If enacted…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The Trump administration introduced new tariffs and expanded existing ones, which resulted in increasing trade tensions among major partners like China, the European Union, and Mexico. Global financial markets are significantly impacted…
Ripple Labs and the U.S. Securities and Exchange Commission have jointly asked the Second Circuit Court of Appeals to pause their ongoing legal dispute, suggesting a full settlement may soon be reached. The request, filed on Apr. 10 and publicly shared by attorney James Filan on X, shows that both sides have reached an “agreement-in-principle”…
Japan’s FSA has released a discussion paper on crypto regulations that seeks to categorize digital assets into two distinct categories. According to a recent report by Coinpost, the country’s Financial Services Agency has asked for public feedback regarding a discussion paper titled “Verification of the state of the system related to crypto assets.” The financial…
The Federal Reserve Chair Jerome Powell has been named one of the unluckiest Fed chairs as he has to deal with a terrible mess created by Donald Trump’s tariffs policy. Since Powell ignored Trump’s urges to cut interest rates, Trump decided to fire him via the Supreme Court. Let’s dive deeper into the nature of…
President Donald Trump has officially signed into law a resolution repealing the IRS DeFi Broker Rule established by the Biden administration. According to an Apr. 10 press release statement from Rep. Mike Carey (R-Ohio), who introduced the bill alongside Sen. Ted Cruz (R-Texas), the president’s signing of the bill marks a major legislative win for…
The U.S. Securities and Exchange Commission has officially approved options trading on spot Ethereum exchange-traded funds. According to filings published on Apr. 9, the SEC approved options tied to several spot Ethereum (ETH) ETFs, including BlackRock’s iShares Ethereum Trust, Bitwise Ethereum ETF, Grayscale’s Ethereum Trust, and Ethereum Mini Trust. Options are financial instruments that allow…
The U.S. Senate has confirmed Paul Atkins as the new chairman of the Securities and Exchange Commission in a 52-44 vote held on Wednesday, Apr. 9. Following the confirmation, Atkins has been cleared to lead a regulatory agency currently undergoing major policy changes, according to Reuters. Atkins, a seasoned SEC veteran and outspoken advocate for…
