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One reason the SEC has been able to attempt to apply antiquated thinking to the regulation of the new internet is that, so far, Congress has not passed nuanced legislation that defines regulatory ...
Here’s a look at the pros and cons of crypto rules and where crypto regulations currently stand. How crypto works. Before crypto regulations, there were cryptocurrencies, which are digital ...
The legal status of cryptocurrencies varies substantially from one jurisdiction to another, and is still undefined or changing in many of them. [1] Whereas, in the majority of countries the usage of cryptocurrency isn't in itself illegal, its status and usability as a means of payment (or a commodity) varies, with differing regulatory implications.
<i>Yesterday, Congress addressed in two full hearings why it’s time to start taking a closer look at why and how digital assets, including cryptocurrencies, are impacting U.S. marketplaces.</i ...
The legislation has bipartisan support with both Democrats and Republicans sponsoring the bill. The proposed legislation excludes certain stablecoins from both CFTC and SEC regulation, "except for fraud and certain activities by registered firms." [2] The bill was passed in the lower house of Congress in May 2024 and moves on to the Senate. [3]
The SEC said Tuesday it hopes to stake out the space to regulate some cryptocurrencies and crypto markets, but needs help from Congress first. SEC asks Congress to help agency stake out regulatory ...
A former CFTC chairman argues it's time for Congress to allow the agency to take the lead in crypto regulation. Crypto should be regulated by CFTC, not other agencies: Ex-official [Video] Skip to ...
While today's vote marks a significant step forward for crypto, the sector will have to maintain that momentum past the election into the next Congress if it has any hope of enacting the legislation.