Global Regulators Consider Launching a Joint Body to Coordinate Crypto Rules

May 15, 2022 Bitcoin.com

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Global market regulators are likely to launch a joint body within the next year to better coordinate cryptocurrency regulations, said a top executive of the International Organization of Securities Commissions (IOSCO). A Global Body to Coordinate Crypto Rules Top executives at the International Organization of Securities Commissions (IOSCO) discussed cryptocurrency regulation this week. Members of […]

‘Surgical removal’ of crypto will only weaken USD dominance, commentators say

BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Report Reveals

October 25, 2021 Bitcoin.com

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As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY Mellon launched its digital asset business in Ireland this year to provide custodian services to institutional investors. Banking Giant BNY Mellon Calls for Irish Crypto […]

‘Surgical removal’ of crypto will only weaken USD dominance, commentators say

US Lawmakers Propose to Subject Cryptocurrencies to Wash Sale Rule

September 16, 2021 Bitcoin.com

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A committee of the U.S. House of Representatives has proposed to subject cryptocurrencies to the “wash sale” rule. Since cryptocurrencies are treated as property by the Internal Revenue Service (IRS), they are currently not subject to the wash sale rule. This proposal attempts to close down a big crypto tax loophole. Crypto Included in New […]

‘Surgical removal’ of crypto will only weaken USD dominance, commentators say

SEC Chairman Says Satoshi Nakamoto’s Innovation Is Real, Crypto Rules Are Clear

August 8, 2021 Bitcoin.com

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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says that Satoshi Nakamoto’s innovation is real. “It has been and could continue to be a catalyst for change in the fields of finance and money,” he said. Satoshi Nakamoto’s Innovation Is Real SEC Chairman Gary Gensler talked about bitcoin and cryptocurrency regulation […]

‘Surgical removal’ of crypto will only weaken USD dominance, commentators say

US Treasury’s Proposed Crypto Wallet Rule Is Unconstitutional, Warns Civil Rights Group

March 31, 2021 Bitcoin.com

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The New Civil Liberties Alliance has objected to FinCEN’s proposed crypto wallet rule, calling it “unlawful.” In addition, the group says that the U.S. Treasury’s “planned ‘crackdown’ on cryptocurrency holders’ private wallets is an unconstitutional power grab.” FinCEN’s Proposed Crypto Wallet Rule Is Unlawful, Says NCLA The New Civil Liberties Alliance (NCLA), a nonpartisan, nonprofit […]

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