crypto rules – DIGIT INFO

Crypto founders increasingly look to ‘geofencing’ amid US uncertainty

DIGIT — Tue, 01 Oct 2024 03:42:50 +0000

Variant Fund chief legal officer Jake Chervinsky says geofencing is an extreme measure to ensure compliance with US law.

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Australia’s tax agency won’t clarify its confusing, ‘aggressive’ crypto rules

DIGIT — Fri, 24 Nov 2023 01:09:09 +0000

The Australian Tax Office’s new rules on DeFi are unclear on whether capital gains taxes apply to liquid staking and transferring to layer 2 bridges.

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Coinbase continues push to compel SEC to act on crypto rulemaking petition

DIGIT — Sat, 14 Oct 2023 05:37:24 +0000

Coinbase’s Chief Legal Officer Paul Grewal has once again called for a mandamus to compel the SEC to respond to the firm’s crypto rulemaking petition.

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Global Regulators Consider Launching a Joint Body to Coordinate Crypto Rules

DIGIT — Sun, 15 May 2022 02:30:04 +0000

Global market regulators are likely to launch a joint body within the next year to better coordinate cryptocurrency regulations, said a top executive of the International Organization of Securities Commissions (IOSCO). A Global Body to Coordinate Crypto Rules Top executives at the International Organization of Securities Commissions (IOSCO) discussed cryptocurrency regulation this week. Members of […]

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BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Report Reveals

DIGIT — Mon, 25 Oct 2021 11:30:50 +0000

As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY Mellon launched its digital asset business in Ireland this year to provide custodian services to institutional investors. Banking Giant BNY Mellon Calls for Irish Crypto […]

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US Lawmakers Propose to Subject Cryptocurrencies to Wash Sale Rule

DIGIT — Thu, 16 Sep 2021 23:30:54 +0000

A committee of the U.S. House of Representatives has proposed to subject cryptocurrencies to the “wash sale” rule. Since cryptocurrencies are treated as property by the Internal Revenue Service (IRS), they are currently not subject to the wash sale rule. This proposal attempts to close down a big crypto tax loophole. Crypto Included in New […]

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SEC Chairman Says Satoshi Nakamoto’s Innovation Is Real, Crypto Rules Are Clear

DIGIT — Sun, 08 Aug 2021 16:00:03 +0000

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says that Satoshi Nakamoto’s innovation is real. “It has been and could continue to be a catalyst for change in the fields of finance and money,” he said. Satoshi Nakamoto’s Innovation Is Real SEC Chairman Gary Gensler talked about bitcoin and cryptocurrency regulation […]

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US Treasury’s Proposed Crypto Wallet Rule Is Unconstitutional, Warns Civil Rights Group

DIGIT — Wed, 31 Mar 2021 18:30:44 +0000

The New Civil Liberties Alliance has objected to FinCEN’s proposed crypto wallet rule, calling it “unlawful.” In addition, the group says that the U.S. Treasury’s “planned ‘crackdown’ on cryptocurrency holders’ private wallets is an unconstitutional power grab.” FinCEN’s Proposed Crypto Wallet Rule Is Unlawful, Says NCLA The New Civil Liberties Alliance (NCLA), a nonpartisan, nonprofit […]

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Thailand’s New Rules Help Securities Companies Launch Crypto Exchanges

DIGIT — Fri, 20 Nov 2020 01:15:06 +0000

Thailand has reportedly revised its net capital rules which help securities firms launch cryptocurrency exchanges. The country now has 15 licensed crypto service providers. New Thai Rules and Crypto Exchanges The Thai Securities and Exchange Commission (SEC) has revised its net capital (NC) rules which help securities companies provide crypto services, the Bangkok Post reported […]

The post Thailand’s New Rules Help Securities Companies Launch Crypto Exchanges appeared first on Bitcoin News.

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