July 26, 2022
Today in Crypto: U.S. Treasury Probes the Exchange Kraken Over...
Some U.S. senators are trying to make it simpler for U.S. citizens to track taxes when buying or selling crypto with a new bill. The bill, called the Virtual Currency...
July 26, 2022
CFTC’s Chair: Crypto and DeFi Have Outgrown Sandbox
Commodity Futures Trading Commission Chairman Rostin Benham believes that “digital assets and decentralized financial technologies have outgrown their sandboxes.” This is an interesting comment, given that they haven’t really had...
July 26, 2022
Some Central Bankers Signal Support for Private Sector Digital Currencies...
Conventional wisdom holds that, as digital currencies continue to evolve and as bitcoin and its brethren joust with the traditional banking system, central banks would embrace central bank digital currencies...
July 26, 2022
Why a Senate Bill’s $50 Tax Exemption Won’t Boost Crypto...
A pair of U.S. senators have introduced a bipartisan bill to exempt low-value cryptocurrency transactions from capital gains tax reporting requirements. Legislation introduced on Tuesday (July 26) by Sen. Pat...
July 25, 2022
Today in Crypto: Bitcoin Dips 3.5% Ahead of Expected Fed...
Despite the Chicago Board of Options Exchange’s volatility index showing a lack of investor anxiety ahead of the Federal Reserve rate increase, bitcoin was down 3.5% in the 24 hours...
July 25, 2022
CFTC Introduces Office of Technology Innovation as Crypto Regulation Develops
The Commodity Futures Trading Commission (CFTC), which is one of the top U.S. crypto regulators, is bolstering its regulatory power with the new Office of Technology Innovation, according to remarks...
July 25, 2022
Mark Cuban Says Bitcoin, Crypto Will Soon Face SEC “Nightmare”
Tightened SEC regulation of the cryptocurrency industry represents a potential “nightmare” for the struggling sector, whose prices already have been battered by surging interest rates and recession fears, billionaire Mark Cuban...
July 25, 2022
Will Rising Interest Rates Damage Stablecoins?
By and large, stablecoins get used the most for crypto trading — and at least until recently, they’ve also been seen as a good way to park your funds in...
July 25, 2022
PYMNTS Intelligence: How CUs Are Working to Meet Different Generations’...
It was once assumed that bank customers would bring their children on board to become lifelong customers themselves, but a new study indicates that this assumption is no longer valid. Less...
