Tag: proposed

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Grayscale resolves lawsuit with Fir Tree over proposed changes to Bitcoin Trust

Grayscale resolves lawsuit with Fir Tree over proposed changes to Bitcoin Trust

Grayscale Investments has reached an agreement with New York-based investment firm Fir Tree Capital Management over its Bitcoin Trust.According to a J [...]
U.S. SEC Out-of-Bounds in Dragging DeFi Into Proposed Exchange Rule, Crypto Industry Says

U.S. SEC Out-of-Bounds in Dragging DeFi Into Proposed Exchange Rule, Crypto Industry Says

However, DeFi protocols “intuitively possess none of the defining hallmarks of stock exchanges,” according to the DeFi Education Fund’s letter. “Beyon [...]
UK Gov Has No Plans for a ‘Crypto Tsar’ as Proposed by Lawmakers, Economic Secretary Andrew Griffith Says

UK Gov Has No Plans for a ‘Crypto Tsar’ as Proposed by Lawmakers, Economic Secretary Andrew Griffith Says

“There have been some suggestions by fellow parliamentarians that crypto assets are more akin to gambling I refute that, that is not the government's [...]
US lawmakers aim for crypto regulatory clarity with proposed bill putting the screws to SEC

US lawmakers aim for crypto regulatory clarity with proposed bill putting the screws to SEC

Lawmakers with the United States House Financial Services Committee and House Agriculture Committee have released a draft discussion offering certain [...]
Deal to avoid US debt default nixes proposed 30% crypto mining tax, says Ohio lawmaker

Deal to avoid US debt default nixes proposed 30% crypto mining tax, says Ohio lawmaker

A tentative deal aimed at stopping the United States government from defaulting on its debts would likely eliminate a proposed tax on the energy usage [...]
French lawmakers agree to loosen rules in proposed crypto influencer bill

French lawmakers agree to loosen rules in proposed crypto influencer bill

French lawmakers have agreed to tone down the restrictions on a bill first proposed in March that would have severely restricted locally-registered cr [...]
Crypto, TradFi Broadly Welcome IOSCO’s Proposed Norms for Digital Asset Markets

Crypto, TradFi Broadly Welcome IOSCO’s Proposed Norms for Digital Asset Markets

While Bamra said DeFi norms, once released, “could help increase investor confidence, decrease exposure to risks, and encourage more consistent regula [...]
How the SEC’s Proposed Custody Rule for Crypto Comes Up Short for FAs

How the SEC’s Proposed Custody Rule for Crypto Comes Up Short for FAs

In 2003, the SEC amended the rule to keep up with technological advances in capital markets infrastructure, which have made virtually every aspect of [...]
Rishi Sunak u-turns on proposed ban on Chinese institutes

Rishi Sunak u-turns on proposed ban on Chinese institutes

Rishi Sunak had promised to close 30 Chinese state-sponsored Confucius Institutes in the UK. www.bbc.co.uk [...]
Fiat-backed stablecoins could be used to post bail in New York under proposed bill

Fiat-backed stablecoins could be used to post bail in New York under proposed bill

A New York lawmaker has introduced a new bill that would see dollar-pegged stablecoins accepted as a legal form of payment for bail bonds. The partisa [...]
Crypto Industry Asks UK Gov to Think Globally as a Consultation on Proposed Rules Closes

Crypto Industry Asks UK Gov to Think Globally as a Consultation on Proposed Rules Closes

When constructing a market abuse regime, the U.K. needs to ensure what it sets out is compatible with other jurisdictions that host global crypto comp [...]
‘War on crypto’ — Newly filed letters lambast proposed SEC custody rules

‘War on crypto’ — Newly filed letters lambast proposed SEC custody rules

A proposal by the United States securities regulator to tighten rules around crypto custody has been met with opposition from at least two proponents [...]
3% Tax on BTC and Other Crypto Transfers Part of Kenya’s Proposed Budget: Bloomberg

3% Tax on BTC and Other Crypto Transfers Part of Kenya’s Proposed Budget: Bloomberg

"Digital asset” includes anything of value that is not tangible and cryptocurrencies, token codes, and numbers held in digital form and generated thro [...]
Crypto Tax Advisors Welcome UK Gov’s Proposed Changes to DeFi Lending, Staking Treatment

Crypto Tax Advisors Welcome UK Gov’s Proposed Changes to DeFi Lending, Staking Treatment

David Lesperance, managing director and tax advisor at Lesperance Associates called the HMRC’s proposal an “excellent result,” in a statement. Meanwhi [...]
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