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US Congress Encouraged to Regulate Crypto Sector Under Bank Secrecy Act

US Congress Encouraged to Regulate Crypto Sector Under Bank Secrecy Act

A Washington DC-based strategic advisory firm, the Financial Integrity Network (FIN), pushed the United States Congress to regulate firms in the cryptocurrency sector under the Bank Secrecy Act (BSA).

Singapore Payment Services Act Now in Effect For Crypto Firms

Singapore Payment Services Act Now in Effect For Crypto Firms

The Monetary Authority of Singapore now requires cryptocurrency providers and exchanges to be licensed under some of the same regulatory elements as traditional financial service providers.

EARN IT Act Introduced in US House of Representatives, Critics View It as Threat—What This Means for Crypto

EARN IT Act Introduced in US House of Representatives, Critics View It as Threat—What This Means for Crypto

Despite being perceived as an “anti-security bill” by many, the EARN IT Act has made its way to the US House of Representatives and currently awaits approval.

SEC Delays Decision on Overstock-Backed Security Token Exchange

SEC Delays Decision on Overstock-Backed Security Token Exchange

The SEC has extended the timeline for its to disapprove or approve operations by the BSTX, a security token exchanged affiliated with Overstock’s blockchain arm tZERO.

CFTC Charges Four Individuals Behind Alleged Bitcoin Fraud Scheme "Global Trading Club"

CFTC Charges Four Individuals Behind Alleged Bitcoin Fraud Scheme "Global Trading Club"

The Commodity Futures Trading Commission has charged four people for allegedly soliciting funds from clients to speculate in Bitcoin price movements.

US SEC Shoots Down Latest Bitcoin ETF, Commissioner Crypto-Mom Dissents on Ruling

US SEC Shoots Down Latest Bitcoin ETF, Commissioner Crypto-Mom Dissents on Ruling

The US Securities and Exchange Commission (SEC) has rejected yet another bid for a bitcoin-based exchange-traded fund (ETF), this time from New York-based Wilshire Phoenix.

United States Congress Will Vote on American COMPETE Act to ‘Beat China’ in Blockchain Technology

United States Congress Will Vote on American COMPETE Act to ‘Beat China’ in Blockchain Technology

United States Congress will vote today on a bill that specifically aims to ensure the US remains competitive with China in the race for blockchain supremacy.

United States Moves Forward With Crypto Regulation

United States Moves Forward With Crypto Regulation

Two new crypto-related bills were discussed among the House Agriculture Committee this week as the United States moves forward with crypto regulation.

US House of Representatives Passes Blockchain Innovation Act On to the Senate

US House of Representatives Passes Blockchain Innovation Act On to the Senate

Two bills introduced by Rep Darren Soto—the Digital Taxonomy Act and the Blockchain Innovation Act—have passed the Lower House and are on their way to the Senate.

US CFTC Holds Meeting on Stablecoins Joined by Paxos, MakerDAO and JPM Coin Executives

US CFTC Holds Meeting on Stablecoins Joined by Paxos, MakerDAO and JPM Coin Executives

The United States Commodity and Futures Trading Commission (CFTC) held a meeting earlier this week to study the potential impact of the stablecoin industry. The derivatives regulator met with stablecoin industry experts to understand its future implications.

New Jersey State Considering New Bill to Set New Requirements for Cryptocurrency Businesses

New Jersey State Considering New Bill to Set New Requirements for Cryptocurrency Businesses

The New Jersey state legislature received a new bill, the Digital Asset and Blockchain Technology Act by Assemblywoman Yvonne Lopez. This new bill would require cryptocurrency and virtual currency to obtain a license to operate, allowing for more consumer-friendly protections.

Coinbase Sued for XRP Token Sales, List of Complaints against the Cryptocurrency Exchange Grows

Coinbase Sued for XRP Token Sales, List of Complaints against the Cryptocurrency Exchange Grows

In a surprising twist of events, US-based crypto exchange Coinbase is also being sued for the sale of XRP tokens.

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