regulations

ECB Officials Transition to the ‘Preparation Phase’ for the Digital Euro: An Update on the European Central Bank’s Progress

Coinan PorterOct 18, 20232 min read

The European Central Bank Plans for Digital Euro The European Central Bank (ECB) has announced its intention to enter the “preparation phase” for the digital euro…

Binance Witnesses a Significant Drop in EUR Trading Volume – What Led to This 3-Year Low?

Bitro ConwellOct 18, 20233 min read

EUR Volume on Binance Plummets Due to Regulatory Crackdown In October 2023, the weekly spot volume of EUR-denominated trades on Binance, one of the top cryptocurrency…

EU Implements DAC8: Imminent Enforcement of Novel Tax Reporting Rule for Cryptocurrencies

Wyatt NewsonOct 18, 20233 min read

EU Finance Ministers Approve New Regulations for Cryptocurrency Firms European Union (EU) finance ministers have given their approval to new regulations that require cryptocurrency firms to…

Senator Warren Calls for Action Against Cryptocurrency-Funded Terrorism in Response to Recent Hamas Attacks

Wyatt NewsonOct 18, 20232 min read

Senator Elizabeth Warren Urges Stronger Crypto Regulations to Combat Terrorism Amid growing concerns about the use of cryptocurrency in funding terrorism, Senator Elizabeth Warren and a…

Challenges Faced by Coinbase CLO in Reporting IRS Digital Asset Taxes

Gapster InnesOct 18, 20232 min read

Coinbase Calls for Opposition to Treasury’s Proposed Tax Reporting Regulations Coinbase Chief Legal Officer Paul Grewal has taken to Twitter to urge those concerned about fairness…

Introducing Draft Guidelines on Disclosure of Crypto Assets by the Basel Committee

Noah RyptonOct 18, 20232 min read

The Basel Committee Proposes Standardized Disclosure Templates for Banks’ Crypto Asset Exposure The Basel Committee on Banking Supervision (BCBS), a group of international banking regulators, has…

Lawmakers Urge President Biden for Crypto-Terrorism Action, Despite Minimal Illicit Usage of Cryptocurrency

Benito CormiOct 18, 20233 min read

Elizabeth Warren Calls for Action Against Crypto-Fueled Terrorism Elizabeth Warren, a Democratic senator from Massachusetts, has expressed concern about the potential role of cryptocurrencies in funding…

Pennsylvania Representative Makes Amendments to Energy Bill, Excludes Prohibition on Cryptocurrency Mining

Wyatt NewsonOct 18, 20232 min read

Revised Pennsylvania Bill Drops Proposed Crypto Mining Ban A member of Pennsylvania’s House of Representatives, Greg Vitali, has made changes to an energy conservation bill in…

Fidelity’s Bitcoin ETF Application Resubmitted as Confidence Grows for Approval

Wyatt NewsonOct 18, 20232 min read

Fidelity Investments Files Revised Application for Bitcoin ETF Fidelity Investments, one of the world’s largest asset management firms, has submitted an amended application for its proposed…

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