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Friday, May 9th, 2025

Home » Digital Currency » Page 3

Digital Currency

SEC Acting Chair Uyeda creates crypto task force

By Dave Kovaleski   |   January 23, 2025   |   Digital Currency

Mark Uyeda, acting chairman of the Securities and Exchange Commission (SEC), recently launched a crypto task force at the entity. The task force will look to develop a comprehensive and clear regul...

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Ripple USD launches on global stock exchanges

By Melina Druga   |   December 18, 2024   |   Digital Currency

San Francisco-based Ripple, a digital asset infrastructure provider to financial institutions, began being available on global exchanges on Monday as Ripple USD (RLUSD). RLUSD is stablecoin, a type...

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Blockchain Association outlines priorities for incoming Trump administration

By Dave Kovaleski   |   November 26, 2024   |   Digital Currency

The Blockchain Association outlines its priorities for the upcoming Trump administration. The association, representing nearly 100 members, recently sent a letter to President-elect Donald Trump an...

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Utah Attorney General leads effort to challenge SEC authority on state crypto laws

By Dave Kovaleski   |   November 21, 2024   |   Digital Currency

Utah Attorney General Sean Reyes is leading a coalition of 18 states to challenge the Securities Exchange Commission’s (SEC) attempt to regulate cryptocurrencies with policies that may contradict st...

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Reps. McHenry, Emmer ask SEC to provide more clarity on digital asset airdrops

By Dave Kovaleski   |   September 20, 2024   |   Digital Currency

Two Republican leaders in the U.S. House of Representatives, Reps. Patrick McHenry (R-NC) and Tom Emmer (R-MN), are asking the Securities and Exchange Commission (SEC) to provide clarity on the regula...

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CFTC partners with ABA and other federal agencies to shed light on “pig butchering” fraud

By Dave Kovaleski   |   September 16, 2024   |   Digital Currency

The Commodity Futures Trading Commission (CFTC) recently formed two partnerships to provide investors with information about cryptocurrency relationship investment scams. Specifically, CFTC’s Off...

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CFTC fines digital asset firm for trading violations

By Dave Kovaleski   |   September 6, 2024   |   Digital Currency

The Commodity Futures Trading Commission (CFTC) settled charges this week against a digital assets firm for trading violations. The charges were filed against Universal Navigation Inc., doing busin...

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State Street to collaborate with Taurus to bolster digital asset capabilities

By Dave Kovaleski   |   August 21, 2024   |   Digital Currency

State Street Corp. entered into a strategic agreement with Taurus SA to strengthen its digital asset capabilities for State Street Bank and Trust Company clients. Taurus is a digital asset infras...

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SEC charges Consensys Software for operating as unregistered broker

By Tracy Rozens   |   July 2, 2024   |   Digital Currency

The Securities and Exchange Commission on June 28 charged Consensys Software Inc., a blockchain software technology company, with failing to register as a broker of crypto asset securities through dig...

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Final regulations released by U.S. Treasury, IRS for digital asset brokers

By Tracy Rozens   |   July 2, 2024   |   Digital Currency

The U.S. Treasury Department and the IRS have released final regulations on the bipartisan Infrastructure Investment and Jobs Act’s (IIJA) reporting requirements for brokers of digital assets. Th...

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Cannabis Banking

  • New York State hits $1B in cannabis retail sales
  • AICPA makes recommendations to IRS on cannabis businesses in advance of marijuana reclassification
  • CTrust launches credit scoring platform for cannabis businesses
  • Senators push for legal cannabis businesses to have SBA access
  • Delaware to consider bill protecting financial businesses serving legal marijuana industry

Digital Currency

  • House Republican leaders draft of bill to establish U.S. digital asset framework
  • Sen. Thune to expedite vote on GENIUS Act stablecoins bill
  • Federal Reserve Board withdraws crypto-asset bank guidance
  • PGI Global founder charged in crypto fraud scheme
  • SEC Crypto Task Force to hold crypto custody roundtable

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  • House Republican leaders draft of bill to establish U.S. digital asset framework
  • Sens. Gallego, McCormick sponsor legislation to boost affordable housing supply
  • Credit Suisse hit with $510M fine for IRS violations
  • Huntington National Bank opens first branch in the Carolinas
  • Tariffs have begun harming small businesses, according to Senate committee report
  • Stephen Luparello named chairman of OCC
  • Legislation reintroduced to revert 1099-K threshold level to $20,000 for gig workers

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