Illinois to Tax Crypto Trades 0.2%—Even on Losing Trades
On September 29, the Illinois Department of Revenue officially released a draft outlining details of its Digital Asset Tax Act…
Category: Legal
Hong Kong regulators expand financial reporting oversight to licensed crypto firms
Hong Kong regulators have expanded their cooperation on financial reporting and audits to cover licensed crypto firms under a new…
SEC and CFTC Push Forward on Crypto Rules: What Bitcoin, XRP and Altcoin Holders Must Know
The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are moving to independently advance rules for…
The UK’s crypto licensing window opens Wednesday. The hard part starts now
The Financial Conduct Authority opens its new crypto authorisation gateway at 7 a.m. UK time on Sept. 30. Firms have…
MiCA focus shifts from rulemaking to supervision, ESMA chair says
The European Securities and Markets Authority (ESMA) will focus its coordination of national crypto supervision in 2027 on operational resilience,…
Tether is a ‘lifeline’ for Iranian regime, Senate Dems say in new report
U.S. dollar-pegged stablecoin Tether is a go-to tool for the Iranian government to bypass sanctions, a new report from a…
SEC and CFTC Set to Write New Crypto Rules, Says Ran Neuner
The SEC and CFTC are preparing to write new rules for the cryptocurrency market, which could lead to faster regulatory…
Crypto PAC spends $11M to oppose Sherrod Brown in Ohio
A political action committee (PAC) aligned with and largely funded by the cryptocurrency industry reported spending more than $11 million…
CryptoUK Reveals Upcoming Webinar on Stablecoin Regulation
CryptoUK has announced an upcoming webinar focused on significant changes to stablecoin regulations in the UK. This event aims to…
JUST IN: Belarus Approves First Crypto Banks as New Digital Asset Rules Take Effect
Belarus has registered its first crypto banks under a new digital asset framework. The move brings the country closer to…