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Proposed Broker Rule Threatens to Eliminate US-Based DeFi, Warns Blockchain Association

Daisy HodleyNov 15, 20232 min read

Blockchain Association Criticizes New Proposed Crypto Regulations The Blockchain Association, a pro-crypto lobbying group, is concerned that the new proposed crypto regulations from the U.S. Department…

Cryptocurrency Sector Protests Treasury’s Proposed Tax Reporting Rule

Theon BarrettNov 13, 20232 min read

The Crypto Industry Pushes Back Against Proposed Regulation The crypto industry is vigorously resisting a proposed regulation that would require broader reporting of certain cryptocurrency transactions,…

Gemini’s Compliance Measures Raise Concerns of Overregulation in Travel Rule Enforcement

Coinan PorterNov 8, 20232 min read

Crypto Exchange Gemini Implements Measures to Comply with UK Travel Rule Gemini, a crypto exchange, recently announced that it will be making changes to comply with…

Extension of IRS Comments Period for New Crypto Tax Rule to Mid-November

Coinan PorterOct 25, 20232 min read

The IRS Extends Comment Period for Crypto Tax Reporting Rules The United States Internal Revenue Service (IRS) has extended the comment period for proposed crypto tax…

New $1,000 Daily Withdrawal Rule in California Aims to Combat Crypto ATM Scams

Gapster InnesOct 23, 20233 min read

California Legislators Propose Stricter Regulations for Crypto ATMs California lawmakers are introducing a bill to increase regulations on cryptocurrency ATMs in an effort to protect consumers.…

Proposed FinCEN Rule Identifies Crypto Mixers as Centers for Money Laundering

Coinan PorterOct 19, 20233 min read

The United States Treasury Department Targets Cryptocurrency Mixing for Money Laundering Concerns The United States Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has proposed designating cryptocurrency…

Understanding the Application of the Pareto Principle in Cryptocurrencies: Exploring the 80/20 Rule

Coinan PorterOct 19, 20233 min read

The Pareto Principle and Blockchain Technology The Pareto principle, also known as the 80/20 rule, states that 80% of outcomes are caused by 20% of inputs.…

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…

EU Council Approves DAC8 Crypto Tax Reporting Rule

Coinan PorterOct 18, 20232 min read

The EU Adopts DAC8: A New Cryptocurrency Tax Reporting Rule The Council of the European Union has officially adopted the eighth iteration of the Directive on…

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