The U.S. Senate passed a resolution overturning the U.S. Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin (SAB) 121. SAB 121 provides guidance for entities related to the ac...
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On Monday, the Commodity Futures Trading Commission (CFTC) announced it had simultaneously filed and settled charges against Falcon Labs, Ltd., for failing to register with the CFTC as a futures commi...
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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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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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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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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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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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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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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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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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