Industry Pros Weigh In on Rumors of New Crypto Wallet Regulations
From shorter consultations to insider comments, recent rumors about U.S. regulation of private crypto wallets have some compelling context.
Policy & regulation
Bank of Russia Fields Banking Industry Concerns Over Digital Ruble Proposal
Russian banks fear being left out of the central bank’s proposed digital currency system, according to a report.
Russian Prime Minister Pledges to ‘Civilize’ Crypto Market and Prevent Scams
Changes to the law will bring Russia’s crypto users more protections against fraud, said Mikhail Mishustin.
Coinbase CEO: Trump Administration May ‘Rush Out’ Burdensome Crypto Wallet Rules
Coinbase CEO Brian Armstrong publicly voiced concern that the outgoing Trump Administration may ram through onerous new data-collection requirements for crypto exchanges.
Gary Gensler Under Consideration for Deputy Treasury Secretary Role: Report
Former CFTC Chair Gary Gensler, who’s leading Joe Biden’s financial oversight team, may be tapped as Deputy Treasury Secretary.
China’s State-Sanctioned Blockchain Project BSN Adds Polkadot, Oasis, Bityuan to Network
China’s state-sanctioned blockchain infrastructure provider BSN is adding cross-chain protocol Polkadot, decentralized cloud data startup Oasis and China-based project Bityuan to its network.
Coinbase Will Suspend All Margin Trading Tomorrow, Citing CFTC Guidance
Coinbase plans to suspend all margin trading contracts effective tomorrow, and will end the service entirely by next month.
BitMEX Founder’s Charges Highlight Risks for DeFi
The case against BitMEX, an offshore crypto trading platform, has regulatory implications for the burgeoning DeFi market.
In Her Own Words: Here’s What Janet Yellen Has Said About Bitcoin
Janet Yellen wasn’t a fan of bitcoin when she ran the Fed. Her views as Treasury Secretary may shape crypto regulation over the next four years.
IRS Again Warns Crypto Investors They Under-Reported Gains
For the second year in a row, the IRS is telling crypto investors they under-reported crypto gains. But there may false alarms again.
