The Securities Industry and Financial Markets Association (SIFMA) provided feedback to the Financial Crimes Enforcement Network (FinCEN) and Office of Foreign Assets Control (OFAC) on its recent propo...
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U.S. Rep. David Kustoff (R-TN) introduced legislation that seeks to update the Internal Revenue Code to make digital assets treated the same as comparable financial instruments. The bill, H.R. 9176...
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U.S. Rep. Rudy Yakym (R-IN) introduced legislation to streamline federal tax reporting requirements on digital assets. His bill, the Less Tax Paperwork for Digital Asset Owners Act (H.R. 9178), wou...
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CME Group announced that its new Bitcoin Volatility Index futures are now available for trading. The first trades executed as blocks between DV Chain and Monarq Asset Management. "The early supp...
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A group of leading U.S. banks are launching a digital payments initiative that seeks to modernize money movement across emerging chain networks. The initiative will deliver on-chain clearing and se...
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A majority of Americans, 61 percent, believe that Congress should be cautious when considering the Clarity Act, legislation creating rules for digital assets such as stablecoin, so as not to undermine...
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Derivatives marketplace CME Group announced it had launched expanded trading hours for cryptocurrency futures and options on May 29. CME said the 24/7 trading was a milestone in providing global m...
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The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) recently designated four Iranian digital asset exchanges as part of Economic Fury and the Trump administration’s effor...
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SoFi Technologies has issued a new bank-issued U.S. dollar stablecoin called SoFiUSD, The stablecoin is now available for SoFi members to buy, sell, hold, and convert directly within the SoFi app. ...
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The board of the Federal Deposit Insurance Corporation (FDIC) approved a notice of proposed rulemaking related to the Bank Secrecy Act (BSA). Specifically, the proposed rule would implement Bank Se...
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