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Regulations

Coinbase CEO Says Being Anti-Crypto is Bad Political Strategy, Here’s Why

by Isaac Wright
Coinbase CEO Says Being Anti-Crypto is Bad Political Strategy, Here’s Why

Brian Armstrong, the co-founder and CEO of the largest American cryptocurrency exchange, Coinbase, believes being anti-crypto could have ugly political effects in the upcoming United States elections in 2024. In …

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Revolut to Suspend Crypto Services for UK Business Clients: Report

by Isaac Wright
Revolut to Suspend Crypto Services for UK Business Clients: Report

Financial technology company Revolut is reportedly planning to halt cryptocurrency purchases for its business clients in the United Kingdom. As stated by Revolut, the suspension will enable the company to …

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Legal Conflicts, SEC Resolution, and Judiciary’s Role

by Isaac Wright
Legal Conflicts, SEC Resolution, and Judiciary’s Role

With a mere fortnight left in the year, Stuart Alderoty, the Chief Legal Officer of Ripple, has provided perspectives on what lies ahead for the cryptocurrency landscape in 2024. The …

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Fair Value Accounting For Crypto To Begin In 2024, Confirms FASB

by Isaac Wright
Fair Value Accounting For Crypto To Begin In 2024, Confirms FASB

The Financial Accounting Services Board (FASB) announced on Wednesday that it has officially adopted fair value accounting for crypto assets starting next year. The change is expected to make Bitcoin …

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Elizabeth Warren’s Bank-Endorsed Ban Crypto Bill an Attack on Tech and Privacy 

by Isaac Wright
Elizabeth Warren’s Bank-Endorsed Ban Crypto Bill an Attack on Tech and Privacy 

A recent move was the introduction of the Digital Asset Anti-Money Laundering Act, another bill aiming to curtail the use of cryptocurrencies in America. On Dec. 11. the bill gained …

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Animoca Brands, Chainalysis in Focus

by Isaac Wright
Animoca Brands, Chainalysis in Focus

C1 Fund – established by a team of former Coinbase legal professionals and investors – has engaged in discussions with numerous local venture firms, explicitly proposing the purchase of private …

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Colorado blames Biden, drugmakers for delaying Canadian imports

by Akin Smith
Colorado blames Biden, drugmakers for delaying Canadian imports

By Phil Galewitz, KFF Health News Colorado officials say their plan to import cheaper medicines from Canada has been stymied by opposition from drugmakers and inaction by the Biden administration, …

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US Treasury Sanctions 3rd Crypto Mixer Used by the Lazarus Group

by Isaac Wright
US Treasury Sanctions 3rd Crypto Mixer Used by the Lazarus Group

The Office of Foreign Assets Control (OFAC) of the United States Department of the Treasury has placed sanctions on cryptocurrency mixing service Sinbad, alleging that the mixer served as a …

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Coinbase Reports Threefold Surge in Law Enforcement Requests, Totalling 13,079 in 2023

by Isaac Wright
Coinbase Reports Threefold Surge in Law Enforcement Requests, Totalling 13,079 in 2023

The largest US-based crypto exchange experienced a threefold increase in law enforcement requests in the current year compared to 2020, as revealed in its latest transparency report. The total number …

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Brazilian Lawmakers Approve 15% Tax for Cryptocurrencies on Offshore Exchanges

by Isaac Wright
Brazilian Lawmakers Approve 15% Tax for Cryptocurrencies on Offshore Exchanges

The Brazil Senate has approved new rules that will mandate locals to pay up to 15% tax on income generated from cryptocurrencies on offshore exchanges. According to a live recording …

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