Browsing: regulation

The cryptocurrency regulation game is cracking on Capitol Hill. For years, the rise of an unregulated cryptocurrency exchange has resulted in little comprehensive regulation. Despite Americans’ concerns, the inability to pass necessary crypto regulation without corporate influence subverts voters’ political power in Ohio and across the country. 

Welcome to an era of transformative change in the world of cryptocurrency regulation. As the U.S. grapples with the burgeoning complexity of digital assets, new legislative measures are emerging that promise to reshape the landscape. This renewed focus on regulatory clarity, especially concerning crypto taxation, signifies a pivotal moment that could open doors for everyday…

The U.S. crypto industry faces prolonged regulatory uncertainty after the Senate failed to advance the Clarity Act, leaving digital asset companies without a comprehensive federal market structure framework and keeping the division of authority between the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) unclear.

The U.S. crypto regulation debate is shifting toward federal agencies after the Senate failed to advance the CLARITY Act. CFTC Chairman Michael Selig said his agency intends to continue developing crypto rules using powers Congress has already granted it.