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New Treasury Rule: U.S. Companies Show Little Urgency in Revealing Ownership Details

New Treasury Rule: U.S. Companies Show Little Urgency in Revealing Ownership Details

Nathan CobenJan 9, 20244 min read

Treasury Secretary Yellen Announces Over 100,000 Small Businesses Register with Beneficial Ownership Database Treasury Secretary Janet Yellen revealed that more than 100,000 small businesses have registered…

New Regulations in Effect at Hong Kong’s HashKey Exchange to Comply with Travel Rule

New Regulations in Effect at Hong Kong’s HashKey Exchange to Comply with Travel Rule

Gapster InnesJan 6, 20242 min read

Hong Kong Exchange Implements Travel Rule Compliance Hong Kong’s HashKey exchange has recently adopted new rules in order to align with the Travel Rule, a set…

Crypto Enthusiasts Respond to IRS’s Contentious Rule on Reporting $10K Transactions

Crypto Enthusiasts Respond to IRS’s Contentious Rule on Reporting $10K Transactions

Gapster InnesJan 4, 20242 min read

IRS Tightens Grip on Crypto Enthusiasts The Internal Revenue Service (IRS) in the US is implementing new regulations that require detailed reporting on crypto transactions exceeding…

Unanswered Inquiries Surrounding IRS Reporting Rule for Sizeable Crypto Payments

Unanswered Inquiries Surrounding IRS Reporting Rule for Sizeable Crypto Payments

Theon BarrettJan 3, 20243 min read

Questions Remain Over New IRS Rule on Crypto Reporting There are lingering questions about how the new rule requiring large crypto payments to be reported to…

New Rule at HashKey Exchange: Binance Exclusively for Substantial Deposits

New Rule at HashKey Exchange: Binance Exclusively for Substantial Deposits

Gapster InnesDec 21, 20232 min read

HashKey Exchange Implements New Deposit Policy to Align with Regulatory Guidelines Hong Kong-based HashKey Exchange has announced a significant change in its deposit policy, effective December…

UAE Authority Implements FATF’s Travel Rule with Updated Anti-Money Laundering Measures

UAE Authority Implements FATF’s Travel Rule with Updated Anti-Money Laundering Measures

Wyatt NewsonDec 21, 20233 min read

The UAE Updates Anti-Money Laundering Measures for Digital Assets The Financial Services Regulatory Authority (FSRA) in the United Arab Emirates has announced updates to its Anti-Money…

CEO of Better Market Cites Cryptocurrency Market Abuses as Motivation for FDIC Rule Amendment

CEO of Better Market Cites Cryptocurrency Market Abuses as Motivation for FDIC Rule Amendment

Wyatt NewsonDec 21, 20233 min read

Better Market CEO Criticizes Crypto Market Abuses The CEO of Better Market, a financial firm, has criticized the frequent market abuses and false advertising strategies employed…

Benefits of In-Kind Model Highlighted as Finance Professor Criticizes SEC’s Proposed Cash-Only Rule for Spot Bitcoin ETFs

Benefits of In-Kind Model Highlighted as Finance Professor Criticizes SEC’s Proposed Cash-Only Rule for Spot Bitcoin ETFs

Benito CormiDec 15, 20233 min read

A Professor Urges SEC to Embrace In-Kind Creation for Spot Bitcoin ETFs A finance professor at Georgetown University, James Angel, has written a letter to the…

CFTC Introduces Customer Protection Rule in Response to FTX Collapse

CFTC Introduces Customer Protection Rule in Response to FTX Collapse

Wyatt NewsonDec 14, 20233 min read

The CFTC Proposes a Rule to Enhance Customer Protections The Commodity Futures Trading Commission (CFTC) has voted on a proposal to introduce a new rule aimed…

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