Bookmarking Crypto Insights
New York hits Block with a $40 million fine and mandates independent oversight after major compliance failures in Cash App’s bitcoin and fiat transaction monitoring. NY Regulator Unleashes Oversight Blitz on Block After Missed Red Flags and AML Gaps New York State’s Department of Financial Services (DFS) announced on April 10 that Block Inc. will … Read more
In its first 2025 market structure hearing, Congress moved to overhaul securities laws, aiming to rein in SEC overreach and unleash a new era of U.S. crypto innovation. Congressional Hearing Sounds Alarm on SEC Overreach and Crypto Exodus U.S. lawmakers gathered in Washington on April 9 as the Subcommittee on Digital Assets, Financial Technology, and … Read more
US Securities and Exchange Commission staff have given guidance on how federal securities laws could apply to crypto, saying companies issuing or dealing with tokens that could be securities should give better details about their business. The SEC’s Division of Corporation Finance said in a staff statement on April 10 that it was giving its … Read more
Bitcoin is poised for a major surge as escalating U.S.-China tensions, rising tariffs, and dwindling trust in U.S. debt send investors searching for alternatives. Samson Mow Expects Bitcoin to Go ‘Much Higher’ Bitcoin advocate Samson Mow, who serves as chief executive officer of the bitcoin infrastructure firm JAN3, commented on social media platform X this … Read more
US President Donald Trump on April 10 signed a joint Congressional resolution overturning a Biden-era rule that requires decentralized finance (DeFi) protocols to report to the country’s tax authority, the Internal Revenue Service. The rule would have required DeFi platforms, such as decentralized exchanges, to file their gross proceeds from crypto sales and include information on those … Read more
A new court filing reveals Ripple and the SEC are racing toward a landmark settlement, signaling a dramatic turn in the XRP case with massive crypto implications. Ripple and SEC Request Court Pause as Settlement Nears in XRP Case Attorneys representing both the U.S. Securities and Exchange Commission (SEC) and Ripple Labs Inc. jointly submitted … Read more
Jim Rickards, economist and author of the best-selling book “Currency Wars,” explained that tariffs are extremely good for the U.S. to the detriment of other countries. In a recent podcast, Rickards stated that contrary to the idea of tariffs being a sales tax for the American people, it primarily affected the dynamics between the importer/distributor … Read more
The multi-billion-dollar asset manager follows in the footsteps of competitors Grayscale and Bitwise and has been endorsed by the Dogecoin Foundation. Dogecoin Foundation Backs 21shares for Dogecoin ETF Swiss-based 21shares, a $7 billion crypto exchange-traded fund (ETF) management firm, filed for a spot dogecoin ETF with the U.S. Securities and Exchange Commission (SEC) on Wednesday. … Read more
The US Securities and Exchange Commission (SEC) has dismissed a lawsuit against Nova Labs, developer of decentralized wireless network Helium, for allegedly issuing unregistered securities, Helium stated in an April 10 blog post. Filed in January 2025, the lawsuit was among the SEC’s final enforcement actions against a cryptocurrency developer under former Chair Gary Gensler, … Read more
North Carolina (NC) representative Neal Jackson introduced the North Carolina Digital Asset Freedom Act on April 10. The bill proposes that qualifying “digital assets” be accepted as a legally recognized form of payment and for taxes. Although the language of the bill does not specifically mention Bitcoin (BTC), there are several provisions laid out that … Read more