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3232Lawmaker Introduces Defi Bill — Calls Decentralized Finance ‘Essential to Future of Markets’
https://www.digit.info/lawmaker-introduces-defi-bill-calls-decentralized-finance-essential-to-future-of-markets/
Wed, 25 Sep 2024 23:30:36 +0000https://www.digit.info/lawmaker-introduces-defi-bill-calls-decentralized-finance-essential-to-future-of-markets/Read more]]>Congressman Warren Davidson has introduced the Evaluating Defi Opportunities Act to foster data-driven regulations for decentralized finance (defi). He stressed the importance of safeguarding innovation and user privacy while addressing concerns over potential overregulation. This proposed study by key financial regulators seeks to balance defi’s growth with oversight, ensuring the sector’s competitive edge and resilience […]
]]>Ripple Legal Chief Discusses Potential SEC Appeal After Final Ruling in XRP Case
https://www.digit.info/ripple-legal-chief-discusses-potential-sec-appeal-after-final-ruling-in-xrp-case/
Mon, 12 Aug 2024 01:30:14 +0000https://www.digit.info/ripple-legal-chief-discusses-potential-sec-appeal-after-final-ruling-in-xrp-case/Read more]]>Ripple’s chief legal officer has addressed the possibility of an appeal by the U.S. Securities and Exchange Commission (SEC) following the $125 million final judgment in the XRP case. He suggested that if the Biden-Harris administration is committed to resetting its stance on crypto, the securities regulator should not seek to appeal. He noted that […]
]]>Treasury and IRS Announce Digital Asset Tax Reporting Regulations
https://www.digit.info/treasury-and-irs-announce-digital-asset-tax-reporting-regulations/
Sun, 30 Jun 2024 19:21:11 +0000https://www.digit.info/2024/06/30/treasury-and-irs-announce-digital-asset-tax-reporting-regulations/Read more]]>The U.S. Department of the Treasury and the IRS have released final regulations for tax reporting on digital asset sales, as part of the Biden-Harris administration’s implementation of the Infrastructure Investment and Jobs Act. Additionally, the Treasury and the IRS revealed that they anticipate issuing further rules later this year to establish reporting requirements for […]
]]>Biden Administration Unveils Plan to Focus on ‘Prosecutions of Criminal Misuses of Cryptocurrency’
https://www.digit.info/biden-administration-unveils-plan-to-focus-on-prosecutions-of-criminal-misuses-of-cryptocurrency/
Wed, 08 Dec 2021 17:00:55 +0000https://www.digit.info/2021/12/08/biden-administration-unveils-plan-to-focus-on-prosecutions-of-criminal-misuses-of-cryptocurrency/Read more]]>The Biden-Harris administration has unveiled its strategy on “countering corruption.” It includes utilizing the government’s newly established task force, the National Cryptocurrency Enforcement Team, to focus on “complex investigations and prosecutions of criminal misuses of cryptocurrency.” US Crypto Enforcement Strategy for ‘Countering Corruption’ The White House announced Monday, “In line with the president’s direction, the […]