Browsing: Crypto Regulation

Cryptocurrency as a payment method in iGaming is growing in popularity, but not necessarily in the way you are thinking.  We are not seeing steady growth across the board; rather, the demand for cryptocurrency depends on which market you are in, which generation you are targeting, and, of course, local regulations.

The US Senate yesterday failed to proceed with consideration of the CLARITY Act, marking another blow for the prospect of a legislative framework for digital assets at the federal level. Senators voted 49 to 50, with the motion coming up short of the three-fifths majority needed to invoke cloture (to overcome an objection to) the motion to…

In the fast-paced, interconnected world of today, nothing stays the same for long. Technologies continually evolve and mature to anticipate the forthcoming needs of society. That is particularly true of the World Wide Web, and its next iteration is already here. Known as Web31, it is reconfiguring ownership, data sharing, participation, and self-expression to look…

DeepInsight Summary: The CLARITY bill failed in the Senate with a vote of 49 to 50, far short of the 60-vote threshold. This is not the end for crypto: the CFTC and SEC will continue pushing to implement regulations, but a comprehensive legislative framework that is difficult to overturn is unlikely in the near term.…

European Union lawmakers are backing digital asset tax bills, while in the United States, industry groups are actively opposing the incoming tax law. Meanwhile, the German government is seeking a 25% tax on digital asset gains, and Bulgaria passed legislation that aligns the country with EU reporting rules, just as two leading blockchain trade associations…