New BSP rules put crypto tokens under deeper scrutiny in Philippines
The Bangko Sentral ng Pilipinas (BSP) has introduced stricter requirements for virtual asset service providers (VASPs), requiring them to apply…
Category: Legal
Summer of crypto (regs): State of Crypto
Technically speaking, summer hasn’t started yet and won’t for another week. But it’s over 90°F in New York, the House…
Congress Examines 8 Crypto Tax Proposals as $2T Market Faces Compliance Burden
House tax lawmakers reviewed eight digital asset tax proposals seeking clearer rules for crypto payments, mining, staking, donations, and compliance.…
CLARITY Act moves to a fight between cops and coders
On June 10, administration officials hosted law enforcement groups at the White House to resolve the provision most likely to…
Brazil Proposes Rigid Guardrails to Stop Government Abuse of Central Bank Digital Currency
The bill, first introduced last year, aims to prevent the use of an upcoming central bank digital currency ( CBDC)…
SEC targets 20-year-old rule standing between Wall Street and blockchain trading
The Securities and Exchange Commission (SEC) is moving to dismantle a stock-trading rule that has governed Wall Street for two…
South Korea’s Finance Ministry Classifies Tokenized Stocks as Securities, Taxation Could Begin in H2
South Korea’s Ministry of Strategy and Finance has indicated that tokenized stocks are currently classified as securities under existing law,…
Zimbabwe Ends Crypto Legal Gray Zone with First Mandatory Registration Rules
Zimbabwe has taken its first definitive step toward regulating the cryptocurrency industry, introducing rules that require all crypto-related businesses to…
The CLARITY Act has a two-month window. Here is the map
Crypto’s market structure bill cleared committee with votes to spare and a calendar working against it. Eleven months after the…
Sen. Lummis: CLARITY Act Brings Certainty, Protection, and Integrity to Crypto Markets
U.S. Senator Cynthia Lummis (R-WY), a prominent advocate for digital assets, has stated that the CLARITY Act will provide long-sought…