Kamala Harris may continue the Biden administration’s crypto crackdown
Harris is preparing to unveil plans about her economic policy in a mid-August speech. Go to Source
Cryptocurrency regulation
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US to establish Bitcoin tax-free zone for digital economy growth
The USABTC policy group proposes a groundbreaking tax-free Digital Economic Zone (DEZ) for Bitcoin to boost the US economy while securing the dollar’s global dominance. Go to Source
Crypto leaders, Harris campaign officials set for roundtable
The upcoming roundtable hosted by Ro Khanna represents a crucial opportunity for the cryptocurrency industry to influence the policy direction of the next administration. Go to Source
Sen Lummis bill gains swift support with 2,200 letters sent
A proposed decentralized network of secure Bitcoin vaults with robust cybersecurity measures aims to minimize digital asset storage risks like theft and hacking. Go to Source
South Korean crypto exchanges face unexpected supervisory fees
Introducing supervisory fees marks a crucial step toward increased regulation and oversight. Go to Source
Ripple backs Deaton with $1M donation in senate race against Warren: Law Decoded
Ripple’s significant donation to Deaton highlights the growing influence of blockchain in politics amid SEC scrutiny. Go to Source
BitConnect promoter banned for 5 years by Sydney District Court
John Bigatton has been convicted for unlicensed financial advice, impacting the credibility of Australia’s financial sector. Go to Source
Nigeria’s SEC advised to regulate Bitcoin, Ether as commodities
By treating Bitcoin and Ether as commodities, Nigerian regulators can establish a more tailored regulatory framework that reflects the unique characteristics of these digital assets. Go to Source
Binance tax evasion verdict set for October
Binance’s lawyer urged the judge to dismiss all charges, just as the charges against the detained executive were previously dropped, arguing that the case lacks substance. Go to Source
Cyprus calls for collective crackdown against crypto terror financing
The alert serves as a reminder of the critical role financial professionals play as gatekeepers in the fight against financial crime. Go to Source
