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House’s McHenry Accuses SEC Chief Gensler of Misleading Congress on Ethereum
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has been accused of misleading Congress by Rep. Patrick McHenry, the chairman of the House Financial Services Committee, who said Gensler's agency already knew it considered Ethereum's ether a security before he attended a hearing and declined to answer that question."Chair Gensler…
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Roger Ver Indicted for Tax Fraud
Roger Ver, now a bitcoin cash (BCH) advocate, but an early bitcoin (BTC) investor, was indicted for tax fraud on Tuesday, a press release from the U.S.…
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Japan’s Cabinet Proposes Scrapping Corporate Tax on…
The Japanese cabinet approved a proposal by the ruling Liberal Democratic party to end taxation of unrealized cryptocurrency gains in a move that is likely…
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Consider regulatory sandbox approach to deal with crypto issues: GTRI
GTRI said that in the light of crypto's acceptance in the regular financial system in the US, it remains to be seen how India's crypto policy evolves in coming monthsPress Trust of India New Delhi India should consider a regulatory sandbox approach to deal with issues related to crypto products and services, economic think tank GTRI said in…
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Indonesia’s Election Results May Be Good for Crypto,…
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Bitcoin falls after DTCC rules out collateral for…
A Bitcoin monitor displayed on an ATM in an ACE Cash Express check cashing and loaning service center on April 19, 2024 in Pflugerville, Texas. - Brandon…
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United States acts as top cop — setting the crypto standards for the world
Here's the state of play globally for crypto regulation and enforcement in 2023 — and a look at what to expect in 2024.The U.S. has proven to be one of the most active enforcers of penalties and legal action against crypto companies this year, as authorities looked to counter bad practices in the industry following the collapse of Sam…
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Crypto Voters Emerge as 2024 Election Wild Card: Report
A recent survey shows that crypto-related matters could influence the 2024 elections. People who own cryptocurrencies seem to have different preferences,…
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A Backdoor Regulatory Option Haunts U.S. Crypto
After the 2008 global financial meltdown, Congress set up a round table of regulators who could wield a unique tool against the next emerging threats. The…
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Crypto industry steps up political donations as mood in Washington sours
Crypto companies have sharply increased donations to US politicians as sentiment in Washington hardens against the digital assets market.Companies including Coinbase, the Nasdaq-listed exchange, stablecoin operator Circle and a16z, the crypto investing arm of venture capitalists Andreessen Horowitz, are directing more funds towards electing…
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