Regulations
U.S. Lawmakers to Reintroduce Crypto Tax Reform Bill: Report
The Keep Innovation in America Act was first introduced in March 2021.
Thailand Offers $1B Tax Break for Firms Issuing Investment Tokens: Reuters
The country will waive corporation and sales taxes for those firms.
Voyager Bankruptcy Judge Expresses Skepticism Over U.S. SEC Objection to Binance US Deal
New York Judge Michael Wiles indicated that he couldn't hold up Voyager's bankruptcy restructuring to wait for the regulator to explain its arguments.
SEC Accuses Utah-Based Green United of Running $18M Crypto Mining Scam
Green United allegedly sold investors crypto mining equipment that didn’t mine what the company claimed it mined.
U.S. Banking Watchdog: You Can’t Trust Crypto Firms Until They Get Federal Oversight
The chief of the Office of the Comptroller of the Currency equated the FTX collapse with a well-known 1990s bank failure in arguing for consolidated industry regulators.
White House Is 'Aware of' Silvergate Situation, Spokeswoman Says
Press secretary Karine Jean-Pierre said the administration is watching Silvergate's situation and likened it to other crypto companies that have had issues recently.
SEC Files Emergency Action Against BKCoin for Running $100M ‘Ponzi-Like’ Scheme
BKCoin co-founder Kevin Kang is accused of misappropriating client funds to bankroll vacations, purchase tickets to sporting events and pay rent on his New York City apartment.
FTX Bankruptcy Examiner Denial Appealed by U.S. Government
An independent investigation could cost as much as $100 million, the federal court in Delaware has previously been warned.
Australian Crypto Regulations Likely to Be Delayed Until Mid-2024: Report
The government is consulting with the industry now.
BIS Says 'Hub-and-Spoke' Cross-Border Transfers Offer Benefits to Retail CBDC
The system is designed to offer users the best foreign-exchange rates and faster transactions while allowing central banks to keep almost total control of their currencies.
