The US Senate confirms Trump pick Michael Selig as chairman of the CFTC, as lawmakers consider legislation to give the agency more control over digital assets
Lydia Beyoud / Bloomberg :
The US Senate confirms FDIC acting chairman Travis Hill to lead the agency, which regulates stablecoin issuers and impacts how the crypto industry is banked
In a package of confirmations, the U.S. Senate approved Mike Selig to lead the CFTC and Travis Hill to run the FDIC, both with major potential reach into crypto.
The US Senate confirms FDIC acting chairman Travis Hill to lead the agency, which regulates stablecoin issuers and impacts how the crypto industry is banked
In a package of confirmations, the U.S. Senate approved Mike Selig to lead the CFTC and Travis Hill to run the FDIC, both with major potential reach into crypto.
President Biden vetoes a bill overturning SAB 121, a controversial SEC bulletin that establishes accounting standards for companies that custody crypto
- U.S. President Joe Biden vetoed a bill to overturn a controversial Securities and Exchange Commission bulletin, SAB 121 …
President Biden vetoes a bill overturning SAB 121, a controversial SEC bulletin that establishes accounting standards for companies that custody crypto
- U.S. President Joe Biden vetoed a bill to overturn a controversial Securities and Exchange Commission bulletin, SAB 121 …
The US Treasury and the IRS say they are not currently enforcing a rule requiring businesses to report getting $10K+ in digital assets within 15 days of receipt
The tax law would require business-related crypto transactions over $10,000 to be reported like cash, but it's not quite ready yet.
SEC Chair Gary Gensler signals he would support Congress giving the CFTC authority to oversee and regulate bitcoin and ether, if the SEC can retain its power
A White House report proposes outright restrictions on proof-of-work mechanisms if US crypto mining companies fail to reduce the industry's environmental impact
- The White House encouraged a broad policy push to reduce greenhouse gas emissions and urged the use of clean energy by U.S. crypto mining companies.