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United States

US Federal Reserve to publish research paper as it digs deeper into CBDC
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26 May, 2021

US Federal Reserve to publish research paper as it digs deeper into CBDC

In its latest statement, the Fed Reserve has confirmed that it’s publishing a discussion paper in the summer exploring the...
OCC to team with Federal Reserve, FDIC for joint approach to digital currency regulation
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25 May, 2021

OCC to team with Federal Reserve, FDIC for joint approach to digital currency regulation

Three U.S. agencies tasked with regulating digital currency could be about to join forces to form an “interagency sprint team”...
US proposals could require reporting digital currency transactions over $10K to IRS
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24 May, 2021

US proposals could require reporting digital currency transactions over $10K to IRS

New proposals being brought forward by the U.S. Treasury Department could see a new requirement to report digital currency transactions...
New OCC chief calls for review of digital currency rules
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24 May, 2021

New OCC chief calls for review of digital currency rules

Michael Hsu has requested that staff at the OCC review their approach to digital currency, including updating its charter framework...
Figure Securities secures regulatory approval for blockchain securities trading
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22 May, 2021

Figure Securities secures regulatory approval for blockchain securities trading

Figure Securities has been approved as a broker-dealer by the Financial Industry Regulatory Authority, with its blockchain-based trading system given...
FDIC issues request for information on digital assets at US banks
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21 May, 2021

FDIC issues request for information on digital assets at US banks

The body, which protects bank deposits in the U.S. via a compulsory insurance scheme for financial institutions, id looking for...
Tom Emmer seeks ‘safe harbor’ for taxpayers holding forked assets
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20 May, 2021

Tom Emmer seeks ‘safe harbor’ for taxpayers holding forked assets

The Safe Harbor for Taxpayers with Forked Assets Act seeks to protect taxpayers that own forked assets from any penalties...
IRS: We will seize digital assets for taxes owed
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19 May, 2021

IRS: We will seize digital assets for taxes owed

The IRS says it is improving its ability to track users' digital asset holdings and even seize those assets if...
US securities regulator issues warning on BTC futures-exposed mutual funds
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18 May, 2021

US securities regulator issues warning on BTC futures-exposed mutual funds

The regulator said investors should thoroughly weigh up the risks of investing in any mutual funds exposed to the BTC...
Binance under investigation by IRS and DoJ
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14 May, 2021

Binance under investigation by IRS and DoJ

Binance is under investigation by the Inland Revenue Service (IRS) and U.S. Department of Justice (DoJ), according to a report...
BitMEX founders hit with yet another RICO suit; criminal trial set for March 2022
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14 May, 2021

BitMEX founders hit with yet another RICO suit; criminal trial set for March 2022

BitMEX and its trio of founders Arthur Hayes, Benjamin Delo and Samuel Reed are facing yet another RICO lawsuit in...
Kleiman v Wright status call: mediation exhausted
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12 May, 2021

Kleiman v Wright status call: mediation exhausted

The parties reported to Judge Beth Bloom that the second attempt at mediation by the parties was unsuccessful, and both...