Politics, Legal & Regulation

Policy and regulations impacting innovations in Finance.

House Leadership Comments on Crypto Market Infrastructure Bill Approval by Senate Agriculture Committee

House Committee on Financial Services Chairman French Hill and House Committee on Agriculture Chairman Glenn “GT” Thompson have joined in welcoming the Senate Committee on Agriculture’s approval of crypto market legislation. The Digital Commodity Intermediaries Act advanced out of Committee earlier today. Representative Hill stated: “Last July,… Read More

Crypto Market Infrastructure Legislation, the Digital Commodity Intermediaries Act, Advances Out of Senate Agriculture Committee

The Digital Commodity Intermediaries Act, crypto market infrastructure legislation, advanced out of the Senate Committee on Agriculture, Nutrition, and Forestry today. Chairman of the Committee, John Boozman, called the approval a critical step towards providing clarity in the digital asset ecosystem. “Advancing this bill brings us… Read More

Netherlands May Pursue Confiscation Tax Which Never Works

The Netherlands is poised to approve a change to the income tax that will impose a 36% tax on unrealized gains, as it seeks to boost revenue to fund government activities. Of course, confiscatory taxes have never worked anywhere and will likely have the opposite… Read More

The White House Highlights Why States Should Not Impose Income Taxes

It is a fact that we exist in a world of limited resources. Taxes paid to the government reduce disposable income for individuals and available funds for investment. Private activity, including innovation and entrepreneurship, gets crowded out when more funds go to the government. This… Read More

White House Meeting Set to Gather Bank Lobbyists, Crypto Representatives to Break Stablecoin Yield Impasse

A White House meeting has been scheduled for next week to break the logjam on crypto market infrastructure legislation. It has been widely reported that several crypto firms have withdrawn their endorsement of the bill amid aggressive lobbying by traditional banks, which fear emerging competition…. Read More

BizBuySell, LoanBud Announce SBA Partnership

BizBuySell, a business-for-sale marketplace, has partnered with LoanBud, a financial technology platform focused on modernizing access to Small Business Administration (SBA) financing. Together, the companies hope to bring better financing clarity earlier into the transaction process. Business listings on BizBuySell can now be prequalified for… Read More

SEC Issues Statement on Tokenized Securities

Tokenization, tokenized securities, or digital securities are the future. This much is clear. But questions remain as regulators and industry participants work through the new process of issuing, managing, and trading securities using blockchain technology. Today, the Securities and Exchange Commission (SEC) issued a statement… Read More

US Federal Reserve Pauses Rate Cuts, Two Members Dissent

As widely anticipated, the US Federal Reserve paused interest rate hikes today following a meeting of the Federal Open Market Committee (FOMC). The target range for the federal funds rate remains at 3.5% to 3.75%. The Fed said that economic activity has been expanding at… Read More

Securities Crowdfunding: There are Over 230 ECSPR Platforms Operating in Europe

European Crowdfunding Service Providers regulation (ECSPR) became fully effective in November 2021, so it has been a few years now. A recent report distributed by the European Securities and Markets Authority (ESMA) recently published a report on securities crowdfunding. In total, at the time of… Read More

The UK Must Move Faster on Tokenization, AI, Financial Innovation – Report

The United Kingdom must move faster in regard to tokenization and innovation in financial services, such as the usage of artificial intelligence (AI). These are true words, as London has long been a global financial hub, but it is at risk of falling behind due… Read More

F/m Investments Files Tokenization Application With SEC

F/m Investments has filed an exemptive application with the U.S. Securities and Exchange Commission seeking permission to record ownership of tokenized shares in the F/m US Treasury 3 Month Bill ETF (TBIL) on a permissioned blockchain ledger. The application is believed to be the first… Read More

Japan Reportedly Set to Greenlight First Crypto ETFs as Early as 2028

Japan is set to take a significant step in integrating digital assets into its mainstream financial system, with plans to approve its inaugural cryptocurrency exchange-traded funds (ETFs) potentially as early as 2028. This development, first reported by Nikkei Asia, marks a notable evolution in the… Read More

Coinbase CEO Brian Armstrong Reflects on Digital Assets Adoption, Tokenization Trends After Davos

At the World Economic Forum in Davos this January, Coinbase (NASDAQ:COIN) CEO Brian Armstrong emerged as a vocal advocate for cryptocurrency’s integration into the global financial system. Through various appearances, including a live interview on CNBC’s Squawk Box and a panel discussion on tokenization, Armstrong… Read More

Group Formed to Challenge Congressman Ro Khanna, Supporter of Confiscation Tax in California

A group called “Pissed Off at Ro“ has been created to challenge Representative Ro Khanna, a vocal supporter of the California confiscation tax, which has been proposed. The new group was recently promoted by Garry Tan, CEO of VC firm YCombinator, who has been posting… Read More

Grok Targeted by EU for Possible DSA Transgressions

The European Commission announced earlier today that AI service Grok and X’s “recommender systems” are under investigation regarding possible transgressions under the Digital Services Act (DSA). The recommender system investigation has been underway since 2023, but the Commission said it would be extended. X has… Read More

SEC, CFTC Joint Event Rescheduled for January 29th

The Securities and Exchange Commission and Commodity Futures Trading Commission joint event has been rescheduled to take place this Thursday, January 29th. The event was originally scheduled for January 27th. The gathering is part of embracing the digital asset ecosystem and the changing regulatory environment…. Read More

Consensys Pushes for Balanced Cybersecurity Rules in FTC’s Nomad Case

Consensys has called on the US Federal Trade Commission (FTC) to prioritize technology-agnostic security measures in its handling of the Nomad hacking incident. This appeal comes via a formal comment letter submitted by the company, emphasizing the need for regulations that foster innovation while protecting… Read More

US Authorities Recover Billions in Bitcoin (BTC) Allegedly Linked to Fraud Scheme, 9/11 Families and Other Victims Seek the Funds

The US government has taken control of more than 127,000 Bitcoin, currently valued at over $11.4 billion, following what authorities describe as one of the largest cryptocurrency forfeitures ever. This haul stems from a sophisticated operation involving international fraud, sanctions evasion, and alleged ties to… Read More

SEC Closes Chapter on Gemini Earn Dispute with Permanent Dismissal Following Complete User Repayments

The US Securities and Exchange Commission (SEC) has agreed to permanently drop its legal action against Gemini Trust Company (NASDAQ:GEMI) regarding the Gemini Earn program. This resolution comes after all affected investors received full restitution of their assets, marking the conclusion of a protracted regulatory… Read More

Former Olympian Ryan Wedding Arrested in Criminal Case Tied to Crypto Laundering : Analysis

TRM Labs pointed out that in a dramatic turn of events, Ryan Wedding, once a celebrated Canadian snowboarder who represented his country at the 2002 Winter Olympics in Salt Lake City, has been apprehended by the FBI in Mexico City. TRM Labs also mentioned that… Read More

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