U.S. Policymaking

Newly Released FASB Guidelines Enable Firms to Implement Fair-Value Accounting for Cryptocurrencies

Theon BarrettDec 13, 20233 min read

The Financial Accounting Standards Board (FASB) Introduces New Standards for Crypto Asset Disclosure The Financial Accounting Standards Board (FASB) has released new standards aimed at improving…

Top Crypto Fraud Schemes of the Year Revealed by IRS

Theon BarrettDec 12, 20232 min read

The IRS Reveals Top Crypto-Related Cases of 2023 The Criminal Investigation division of the U.S. Internal Revenue Service (IRS) has published a list of its top…

Coinbase Alleges SEC of Persistent Obstruction in New Cryptocurrency Regulations Petition

Theon BarrettNov 23, 20232 min read

Coinbase Urges Court to Compel SEC Action on New Crypto Rules Coinbase has submitted a letter to the U.S. Court of Appeals for the Third Circuit,…

United States Criticizes Binance Following ‘Historic’ Agreement, Alleges Crypto Exchange Only ‘Falsely Complied’ with Regulations

Theon BarrettNov 22, 20233 min read

Binance Faces $4.3 Billion In Fines The U.S. authorities announced on Tuesday that Binance must pay $4.3 billion in penalties and forfeiture after pleading guilty to…

TRM Labs reports decrease in fentanyl sales after US enforcement actions

Theon BarrettNov 15, 20232 min read

Decline in Crypto Income for Darknet Fentanyl Vendors A recent press release from blockchain analytics firm TRM Labs revealed that darknet drug dealers selling fentanyl have…

Challenges Faced by SEC in Recruiting Cryptocurrency Specialists Due to Strong HODLing Preference

Theon BarrettNov 6, 20232 min read

The SEC Struggles to Hire Crypto Experts The Securities and Exchange Commission’s Office of Inspector General, responsible for overseeing the financial regulator, has revealed that the…

Misrepresentation of Crypto-Backed Terrorism Funding Scale, as Per Elliptic

Theon BarrettOct 25, 20233 min read

Blockchain Forensics Firm Elliptic Challenges Claims of Crypto Fundraising by Hamas According to blockchain forensics firm Elliptic, recent figures suggesting that Hamas is raising significant funds…

Chainalysis: North America Takes the Lead in Cryptocurrency Adoption Worldwide

Theon BarrettOct 23, 20233 min read

The U.S. and Canada Lead Global Crypto Activity A recent report from Chainalysis reveals that the United States is driving the majority of crypto activity worldwide,…

QCP’s Analysis Reveals CoinTelegraph’s ‘Tweet Hoax’ Highlights Spot ETF as Dominant Force in Crypto Market

Theon BarrettOct 21, 20233 min read

The Impact of False Information on Bitcoin ETF Anticipation A recent tweet from CoinTelegraph falsely claiming that US regulators had approved a spot exchange-traded fund (ETF)…

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