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Home » Digital Currency » Page 14

Digital Currency

House rules committee to consider bill that provides regulatory clarity on digital assets

By Dave Kovaleski   |   May 14, 2024   |   Digital Currency

The House Committee on Rules will consider a bill that seeks to provide regulatory clarity for digital assets. Specifically, the rules committee will consider the Financial Innovation and Technolog...

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SIFMA, financial firms launch effort to explore feasibility of a shared ledger technology

By Dave Kovaleski   |   May 10, 2024   |   Digital Currency

Financial firms and organizations, including the Securities Industry and Financial Markets Association SIFMA) announced a Regulated Settlement Network (RSN) proof-of-concept (PoC) to explore the feasi...

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Sens. Tillis, Hagerty introduce draft of bill targeted at cryptocurrency institutions

By Dave Kovaleski   |   April 10, 2024   |   Digital Currency

U.S. Sens. Thom Tillis (R-NC) and Bill Hagerty (R-TN) released a discussion draft of a bill that would ensure that cryptocurrency financial institutions follow Bank Secrecy Act anti-money laundering (...

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CFTC files charges against digital asset exchange for multiple violations

By Dave Kovaleski   |   April 2, 2024   |   Digital Currency

The Commodity Futures Trading Commission (CFTC) filed a civil enforcement action against a group of companies that operate a centralized digital asset exchange under the name KuCoin. The CFTC filed...

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House Republicans seek answers from SEC on non-security digital assets

By Dave Kovaleski   |   March 28, 2024   |   Digital Currency

A group of House Republicans are seeking a clarification from the Securities and Exchange Commission (SEC) on its position related to non-security digital assets. The request follows an announceme...

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U.S. Chamber releases report on economic impact of digital trade

By Dave Kovaleski   |   March 21, 2024   |   Digital Currency

A new report from the U.S. Chamber of Commerce shows that digital trade supports more than 3 million jobs and accounted for $2.6 trillion in gross domestic product (GDP) in 2022, which is equivalent t...

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SEC charges 17 in $300M crypto asset Ponzi scheme

By Liz Carey   |   March 18, 2024   |   Digital Currency

On Thursday, the Securities and Exchange Commission (SEC) announced it had charged 17 people for their roles in a $300 million crypto asset Ponzi scheme targeting the Latino community across the Unite...

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Senate bill would halt creation of CBDC by federal government

By Dave Kovaleski   |   February 28, 2024   |   Digital Currency

A group of Senate Republicans introduced legislation this week that seeks to halt any efforts by the federal government to create a central bank digital currency (CBDC). The CBDC Anti-Surveillance ...

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Lawmakers seek answers from Treasury Secretary on spot markets for digital assets

By Dave Kovaleski   |   February 15, 2024   |   Digital Currency

A group of Republican lawmakers are seeking answers from Treasury Secretary Janet Yellen on the Financial Stability Oversight Council (FSOC) efforts related to the spot market for digital assets. ...

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SEC files charges against Florida firm for crypto violations

By Dave Kovaleski   |   February 9, 2024   |   Digital Currency

The Securities and Exchange Commission (SEC) brought charges against a Florida-based firm for violations related to crypto assets. The SEC alleges that TradeStation Crypto, Inc., based in Plantatio...

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