A group of leading House Republicans released a discussion draft of a bill to establish a regulatory framework for digital assets in the United States. The discussion draft establishes clear, funct...
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A process that expedites a vote on legislation that establishes the first ever regulatory framework for payment stablecoins was initiated by U.S. Senate Majority Leader John Thune (R-SD). The bill,...
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The Federal Reserve Board has withdrawn its guidance for banks on their crypto-asset and dollar token activities, ensuring the board’s expectations with evolving risks and supporting innovation. ...
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PGI Global’s founder Ramil Palafox ran a multi-million crypto fraud scheme for more than a year, investigators at the Securities and Exchange Commission said recently. The SEC announced it had c...
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The Securities and Exchange Commission’s (SEC) Crypto Task Force will host a roundtable on April 25. The roundtable, Know Your Custodian: Key Considerations for Crypto Custody, is part of a serie...
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A coalition of U.S. senators is asking the U.S. Department of Justice (DOJ) to reverse course on its recent decision to disband the National Cryptocurrency Enforcement Team (NCET). In an April 10 let...
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Caroline Pham, acting chair of the Commodity Futures Trading Commission (CFTC), praised a new policy by the Justice Department policy that ends the practice of regulation by prosecution in the digital...
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A bill that would prevent the Federal Reserve from issuing a central bank digital currency (CBDC) was passed out of the House Financial Services Committee last week. The Anti-CBDC Surveillance Stat...
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The Conference of State Bank Supervisors (CSBS) expressed its concerns about legislation in Congress related to stablecoins. In a letter to the leaders of the House Financial Services Committee, CS...
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U.S. Reps. Tom Emmer (R-MN) and Darren Soto (D-FL) are sponsoring legislation designed to bring regulatory clarity to the digital asset ecosystem. Currently, securities laws do not distinguish betw...
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