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Montana governor signs pro-cryptocurrency mining bill into law

May 4, 2023 by DIGIT

The legislation included revisions to laws aimed at prohibiting discriminatory electrical rates for mining firms, and not allowing taxation for crypto used as a method of payment. Go to Source Powered by WPeMatico

Categories Bitcoin Mining, Law, mining, montana, Regulation

FTX bankruptcy judge approves sale of LedgerX

May 4, 2023 by DIGIT

The judge said he read all the papers and declarations related to the FTX debtors’ motion for the sale of LedgerX and was “satisfied” with the proceedings. Go to Source Powered by WPeMatico

Categories Bankruptcy, ftx, Law, LedgerX, Regulation

North Carolina House passes bill banning CBDC payments to the state

May 4, 2023 by DIGIT

The latest version of the legislation included limiting the Federal Reserve from using the U.S. state as a potential testing ground for its own CBDC pilot. Go to Source Powered by WPeMatico

Categories CBDC, Law, North Carolina, Payments, Regulation

Robinhood returns to court to defend position in case brought by US state regulator

May 3, 2023 by DIGIT

The Massachusetts Securities Division filed a complaint against Robinhood in December 2020 alleging the platform was in violation of the state’s fiduciary duty standards. Go to Source Powered by WPeMatico

Categories Law, Regulation, Robinhood, trading, United States

Will compromise on anonymous crypto appease US regulators, spur adoption?

May 3, 2023 by DIGIT

Asking exchanges to identify users might seem like a minor inconvenience, but could it drive DeFi firms overseas, and would crypto users even care? Go to Source Powered by WPeMatico

Categories Decentralization, decentralized exchange, Government, Law, Privacy

SEC crackdown on crypto staking in the US could boost decentralization

May 2, 2023 by DIGIT

Recent regulatory actions have crypto staking providers in the United States on edge. Go to Source Powered by WPeMatico

Categories Coinbase, Government, Kraken, Law, SEC, United States, US Government

Poloniex will pay $7.6M settlement to US authorities for ‘apparent violations’ of sanctions

May 1, 2023 by DIGIT

OFAC said Poloniex allowed users in Crimea, Cuba, Iran, Sudan, and Syria to conduct digital asset trades, deposits, and withdrawals between January 2014 and November 2019. Go to Source Powered by WPeMatico

Categories Law, Poloniex, Regulation, Sanctions, United States

What the Gensler hearing means for US crypto regulation and policy

May 1, 2023 by DIGIT

Gensler was reluctant to go into details and faced symbolical pressure rather than genuine attempts to interrogate, leaving the crypto industry without any new clarity. Go to Source Powered by WPeMatico

Categories Congress, Government, Law, SEC, United States, US Government, USA

Liechtenstein adapts blockchain laws to developing crypto landscape

May 1, 2023 by DIGIT

Future regulation is intended to ensure uniform regulation for all European countries and covered participants. Go to Source Powered by WPeMatico

Categories Euro, Europe, European Union, Government, Law, Liechtenstein, MiCA

Tax law researchers propose IRS framework for deducting crypto losses

April 28, 2023 by DIGIT

A recently published study appears to advocate for the isolation of crypto assets from other tax deductions, where losses are concerned. Go to Source Powered by WPeMatico

Categories Cryptocurrencies, IRS, Law, Research, Taxes, United States
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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • tetherTether(USDT)$1.000.03%
  • binancecoinBNB(BNB)$883.89-0.24%
  • rippleXRP(XRP)$1.953.26%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$129.582.93%
  • tronTRON(TRX)$0.2991640.70%
  • staked-etherLido Staked Ether(STETH)$2,981.511.42%
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  • bitcoinBitcoin(BTC)$89,494.001.27%
  • ethereumEthereum(ETH)$2,982.891.43%
  • tetherTether(USDT)$1.000.03%
  • binancecoinBNB(BNB)$883.89-0.24%
  • rippleXRP(XRP)$1.953.26%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$129.582.93%
  • tronTRON(TRX)$0.2991640.70%
  • staked-etherLido Staked Ether(STETH)$2,981.511.42%
  • dogecoinDogecoin(DOGE)$0.1267562.76%