Binance CEO: crypto industry will probably move to non-dollar stablecoins
The Binance CEO claimed that algorithmic USD stablecoins may become more popular as well, although they “have risks.” Go to Source Powered by WPeMatico
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Digital Asset Provider Raises $65M in Series B Led by Credit Suisse
The company said the funds will be used to expand Taurus’ new offices in Europe, the UAE, and later in the Americas and Southeast Asia. Go to Source Powered by WPeMatico
Banks under pressure from U.S. authorities to cut ties with crypto firms
Banks are allegedly being discouraged from offering services to the crypto industry by United States authorities. Go to Source Powered by WPeMatico
Crypto and securities: New interpretation of US Howey test gaining ground
Lewis Cohen headed a team researching Howey-related case law to propose an application that differentiates between primary and secondary transactions. Go to Source Powered by WPeMatico
Crypto Council for Innovation GC to testify at US Senate ‘crypto crash’ hearing
Linda Jeng will appear as a witness alongside law professor Yesha Yadav and Duke Financial Economics Center policy director Lee Reiners. Go to Source Powered by WPeMatico
Crypto and psychedelics: Clarifying regulations could help industries grow
It’s a long road to federal legalization, but opposition to psychedelics is waning at the state level and Capitol Hill. Go to Source Powered by WPeMatico
Tax strategies allow crypto investors to offset losses
Reporting cryptocurrency when filing taxes can help investors offset their losses. Go to Source Powered by WPeMatico
CFTC head looks to new Congress for action on crypto regulation
“I will continue to engage and provide technical assistance to draft legislation, as requested,” said Rostin Behnam. Go to Source Powered by WPeMatico
US Congress to hold ‘crypto crash’ hearing on Feb. 14
The ‘Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets’ hearing will come two months after senators met to discuss the collapse of FTX. Go to Source Powered by WPeMatico
Euro stablecoin launched in Finland, claims to be first approved in the EU
USDC issuer Circle Inc. previously released a euro-backed stablecoin that is regulated in the United States. Go to Source Powered by WPeMatico