FDIC’s acting chairman stated that the work on crypto-related guidance for U.S. banks is underway.
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Stealth rulemaking: Is proposed SEC rule with no mention of crypto a threat to DeFi?
A 600-page document proposes changes to the definition of an exchange that could extend to include DeFi protocols.
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PoS validator turns down IRS tax refund offer, pushes for clear policy on staking taxation
The Tezos validator who took the IRS to court argues that staking rewards should be treated as created property rather than income.
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Law Decoded: Russia flounders, America competes, IMF keeps fuming, Jan. 24–31
Uncertainty about crypto regulation can engender internal disagreement even within seemingly monolithic governments.
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Averted a year ago, controversial transaction monitoring rule is back on Treasury’s radar
The Treasury will consider imposing KYC regulations on transactions involving self-custodied wallets.
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U.S. Congressman wants to scrub bill provision that crypto advocates say is a potential disaster
Representative Ted Budd stated that the provision would let the Treasury unilaterally prohibit certain financial transactions without public input.
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