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The SEC announced this week the formation of a crypto task force led by Republican Commissioner Hester Peirce. In a post on social media platform X on Thursday, Peirce hailed the decision: "Bye ...
KuCoin, one of the world's largest cryptocurrency exchanges, pleaded guilty on Monday to operating an unlicensed money transmitting business, and agreed to more than $297 million in fines and ...
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.
One slight disappointment for the industry so far this week is that Trump — who in 2024 pledged to make the United States the "crypto capital of the planet" — ended his first day in office ...
President-elect Donald Trump is planning to use his executive powers to reduce the regulatory burden faced by cryptocurrency companies and promote digital asset adoption in his first few days in ...
Although the FBI was successful in cracking through the anonymous Tor network and discovering the origin of the illegal Bitcoin markets Silkroad I and II and similar illegal markets, the methods the FBI used may not be legal or available, in every case, under the U.S. Constitution's prohibition against unreasonable searches and seizures.
With the pro-crypto administration and vision under the new President of the United States, Donald Trump, the U.S. Congress is expected to prioritize cryptocurrency legislation in 2025, with a focus on the Stablecoin Act and the Financial Innovation and Technology for the 21st Century (FIT21) Act. This legislative push is anticipated to be the ...
Crypto regulations vary across the U.S. from state to state and even between federal agencies, which all have different ways of defining crypto that come with their own tax implications and laws.