President Biden announces picks to fill CFTC vacancies
All CFTC nominations must be confirmed by the U.S. Senate in a simple majority vote. Go to Source Powered by WPeMatico
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Sen. Warren goes after Ethereum network fees in committee hearing
“High, unpredictable fees can make crypto trading really dangerous for people who aren’t rich,” said Senator Warren. Go to Source Powered by WPeMatico
Zip eyes millennials with planned launch of crypto trading in the US next year
Aussie “buy now, pay later” fintech found that BNPL users are 67% more likely to trade crypto than non-users. Go to Source Powered by WPeMatico
US lawmakers propose adding digital assets to ‘wash sale’ rule and raising capital gains tax
If passed, the plan would raise the capital gains tax rate for “certain high income individuals” to 28.8%, while eliminating the “wash sale” loophole for crypto users. Go to Source Powered by WPeMatico
SEC chair doubles down, tells crypto firms ‘come in and talk to us’
“Under our laws, they have to register with the Commission unless they qualify for an exemption,” said Gary Gensler. Go to Source Powered by WPeMatico
US Treasury reportedly in talks for stablecoin regulation
Treasury officials are studying the risks if too many people decide to withdraw their stablecoins all at once. Go to Source Powered by WPeMatico
Regulatory and privacy concerns trail SEC’s threat to Coinbase
The SEC’s notice to Coinbase over its Lend product might indicate incoming federal regulations aimed at crypto lending. Go to Source Powered by WPeMatico
US crypto exchange CrossTower expands to India
CrossTower is betting on the growing crypto market in India despite the uncertainty over the legal status of Bitcoin in the country. Go to Source Powered by WPeMatico
Insiders sold MicroStrategy stock after Bitcoin’s bull run
Notorious Bitcoin bull and MicroStrategy CEO Michael Saylor himself hasn’t dumped any company stock since 2012. Go to Source Powered by WPeMatico
One in four US teens would buy crypto if given money to invest, survey finds
The results of a new survey suggest teens are still more persuaded that the stock market is where they should invest, yet crypto is more popular than alternatives like real estate. Go to Source Powered by WPeMatico
