digital assets

Federal Reserve Sets Guidelines for Banks’ Use of Stablecoins
Federal Reserve Sets Guidelines for Banks’ Use of Stablecoins
August 28, 2023  |  Regulation

A new Federal Reserve supervisory letter on the process for state member banks using dollar tokens, such as stablecoins, to facilitate payments has drawn the...

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Treasury and IRS Propose New Reporting Rules for Digital Asset Sales
Treasury and IRS Propose New Reporting Rules for Digital Asset Sales
August 25, 2023  |  Cryptocurrency

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have proposed regulations that aim to “close the tax gap” in the sale and exchange of digital assets. These...

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CBDCs  Likely ‘Some Years Away’ For Australia
CBDCs Likely ‘Some Years Away’ For Australia
August 23, 2023  |  Cryptocurrency

A central bank digital currency (CBDC) may not be in Australia’s near future. That’s according to a report issued Wednesday (Aug. 23) by the Reserve Bank of Australia and Digital...

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States on the AI Beat: New Task Force Aims to Corral Emerging Tech
States on the AI Beat: New Task Force Aims to Corral Emerging Tech
August 17, 2023  |  Regulation

The digital age is reshaping behavioral norms and business opportunities.  The 21st century commercialization of innovations like blockchain-based cryptocurrencies and generative artificial intelligence (AI) have...

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Judge Allows SEC to File Motion for Appeal in Ripple Labs Case
Judge Allows SEC to File Motion for Appeal in Ripple Labs Case
August 17, 2023  |  Legal

A U.S. district judge has granted the Securities and Exchange Commission (SEC) permission to file a motion for leave to file an interlocutory appeal in...

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PayPal to Pause UK Cryptocurrency Sales to Meet Regulatory Changes
PayPal to Pause UK Cryptocurrency Sales to Meet Regulatory Changes
August 16, 2023  |  Cryptocurrency

PayPal will reportedly place a temporary halt on cryptocurrency sales for its U.K. customers starting from October. This decision comes as the company aims to...

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Standard Charter Expects Bitcoin to Reach $120,000 by End of 2024
Standard Charter Expects Bitcoin to Reach $120,000 by End of 2024
July 10, 2023  |  Cryptocurrency

Standard Chartered has raised its bitcoin price predictions after seeing increased miner profitability. The bank now projects the crypto asset to reach a price $50,000...

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Overstock.com Wins Auction for Bed Bath and Beyond Digital and Other Assets
Overstock.com Wins Auction for Bed Bath and Beyond Digital and Other Assets
June 22, 2023  |  Retail

Bankrupt Bed Bath and Beyond Inc. is expected to sell its intellectual property and some of its digital assets to online retailer Overstock.com Inc. for...

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Credit Unions Can Win With Crypto via Education, Says PSCU
Credit Unions Can Win With Crypto via Education, Says PSCU
June 20, 2023  |  Credit Unions

While crypto may have lost its shiny-object appeal, many still believe digital assets hold utility. In the face of ongoing regulatory scrutiny and volatile market swings, the...

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