Regulations


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Regulators’ Stablecoin Report Met With Bipartisan Pushback

The President’s Working Group suggested Congress enact legislation that would limit stablecoin issuance to insured depository institutions, but this appears to be a nonstarter among the crypto-literate on Capitol Hill.

Rep. Tom Emmer (R-Minn.) (Stephen Maturen/Getty Images)

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US Policymakers Are Still Evaluating Stablecoins

Consumer protections are front and center in questions lawmakers have about stablecoins.

Sen. Sherrod Brown (Anna Moneymaker/Getty Images)

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OCC Wants Banks to Seek Permission Before Offering Crypto Services

The letter comes as the OCC gears up for further digital asset regulation alongside other bank regulators.

Acting Comptroller Michael Hsu (Al Drago/Bloomberg via Getty Images)

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What’s the SEC Saying About Crypto?

Interpreting statements from SEC officials may really be just like reading tea leaves.

(Andrew Harrer/Bloomberg via Getty Images)

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US Regulators Plan to Define Legal Bank Activities Around Crypto in 2022

The interagency sprint team was composed of the OCC, FDIC and Fed.

OCC (Andrew Harrer/Bloomberg via Getty Images)

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US Congressmen Introduce Bill to Modify Crypto Tax Provision in Infrastructure Law

U.S. President Joe Biden signed the infrastructure bill into law on Monday.

Rep. Patrick McHenry (Andrew Harrer/Bloomberg via Getty Images)

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The US Treasury’s Stablecoin Report Would Treat Issuers Like Banks, but Doesn’t Address How

The U.S. government’s stablecoin report is finally out. Bank regulators are having a big day.

U.S. President Joe Biden (left) and Treasury Secretary Janet Yellen (Chip Somodevilla/Getty Images)

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Biden Administration to Congress: Put Stablecoins Under Federal Supervision – Or We Will

If U.S. lawmakers don’t act, regulators have the authority to take their own measures, according to the long-awaited report from the President’s Working Group on Financial Markets.

LEGISLATE, PLEASE: “The current regulatory framework isn’t set up to address some of the new kinds of risks that [stablecoins] could pose,” says Treasury Under Secretary Nellie Liang. (Andrew Harrer/Bloomberg via Getty Images)

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Biden’s ‘Build Back Better’ Act Would Close Crypto Tax Loophole

The provision adds cryptocurrency transactions to constructive sale rules under the tax code.

U.S. President Joe Biden (Chip Somodevilla/Getty Images)

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CFTC Should Be Crypto’s ‘Primary Cop,’ Acting Chairman Says

Rostin Behnam points to enforcement actions the agency has already taken.

Acting CFTC Chair Rostin Behnam (left), Fed Chair Jerome Powell and FDIC Chair Jelena McWilliams (Stefani Reynolds/Bloomberg via Getty Images)