Recently confirmed U.S. Securities and Exchange Commission chair Gary Gensler punted to congress on providing more regulatory oversight to the crypto space, but also said the commission would act within …
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Turkey May Set Up A Central Bank Custodian After Alleged Fraud On Two Major Exchanges
Following the arrests of several employees at Turkey-based crypto exchanges Thodex and Vebitcoin last week, government officials are reportedly planning to establish a central bank authority that could custody digital …
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Biden’s Proposed Capital Gains Tax Rise Will Hit Only Richest 0.3%
Following major sell-offs in cryptocurrency markets amid reports of United States President Joe Biden’s capital gains tax rise proposal last week, the Biden administration defended nearly doubling tax levies for only the …
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China is studying crypto as an investment tool
Li Bo, recently appointed deputy governor of the People’s Bank of China, or PBoC, reportedly spoke on the benefits of crypto as an investment tool while highlighting regulatory uncertainty in …
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Galaxy Digital to becomes latest firm to file for a Bitcoin ETF
Galaxy Digital filed for a bitcoin exchange-traded fund (ETF) on Monday, according to a new S-1 with the Securities and Exchange Commission (SEC). The Galaxy Bitcoin ETF filing names NYSE Arca as …
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Ethereum (ETH) Could Still Be Classified as Security, According to SEC
During a recent conference with Magistrate Judge Sarah Netburn, Dugan Bliss, senior trial counsel at the U.S. Securities and Exchange Commission, said that the agency hasn’t taken an official position on the …
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India Mandates New Disclosure Rules For Crypto Companies
India is introducing new cryptocurrency disclosure rules. Effective today, any company that deals in cryptocurrencies will have to disclose their entire crypto holdings to the government as part of their …
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SEC filed a lawsuit against LBRY, accusing crypto startup of selling unregistered securities
The U.S. Securities and Exchange Commission has filed a lawsuit against New Hampshire-based crypto startup LBRY Inc., accusing the company of selling unregistered securities in the form of its token. …
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Federal Judge’s Decision May Hurt Cryptocurrency Users’ Privacy Rights
A federal judge has implied that an individual may not have the right to force the Internal Revenue Service, or IRS, to expunge financial records it obtains from crypto exchanges. …
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Decentralized technology can help protect democracy around the world
Recent political developments in the United States demonstrate the critical challenges that centralized technology platforms pose to democracy — in stark contrast to the powerful role social media played in …
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