Brian Armstrong: CLARITY Act’s Clear Rules Protect Consumers and Guard Against Government Overreach
Coinbase CEO Brian Armstrong is ramping up his push for the CLARITY Act, arguing that the digital asset market structure…
Category: Legal
Hong Kong SFC Warns Against Diamond Coin and Diamond Fund as Suspicious Investment Products
Hong Kong’s Securities and Futures Commission (SFC) has issued a public warning against two digital token-related investment products: Diamond Coin…
SEC proposes a path for crypto projects to raise $75 million and later end the token’s securities contract
US regulators have already found a home for true Bitcoin perpetuals inside the CFTC’s exchange framework. The SEC is now…
Blockchain Association and CCI sue Illinois over Digital Asset Tax Act – Details
In a recent crypto market update, the Blockchain Association and the Crypto Council for Innovation (CCI) have legally challenged Illinois’s…
Illinois’ 0.2% Crypto Tax Sparks a Full-Blown Courtroom War
The Blockchain Association and Crypto Council for Innovation filed the complaint on Aug. 21 in Sangamon County Circuit Court against…
CLARITY gets a September Senate floor date as CFTC signals a limited regulatory fallback
The U.S. Senate has put the Digital Asset Market Clarity Act on course for a 60-vote procedural test on Sept.…
Cambodia Dismantles Crypto Laundering Network Linked to Sinaloa Cartel
Cambodian authorities, working with the U.S. Drug Enforcement Administration (DEA), have uncovered and dismantled a cryptocurrency money-laundering network used by…
Coinbase CEO Warns US Risks Falling Behind G20 in Crypto Regulation
Coinbase Chief Executive Officer Brian Armstrong urged the US Senate to move quickly on crypto legislation, warning that the US…
South Korean lawmakers seek expanded FIU powers over unregistered crypto firms
A group of South Korean lawmakers has introduced a bill to amend an existing financial law and expand the Financial…
The hard truth is that the Clarity Act is an anti-crypto bill
Now that congressional action on the Digital Asset Market Clarity Act has been punted until mid-September, there has never been…