2023-9-28 23:31 |
The SEC’s controversial Staff Accounting Bulletin 121 has received much criticism since its publication in March 2022.
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The SEC’s Staff Accounting Bulletin 121 has been the target of much criticism in the crypto community.
2023-11-1 00:29 | |
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The Bank of New York Mellon’s (BNY Mellon) foray into the digital asset custody business has hit a regulatory hurdle, per American Banker. It emerged that the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin 121 (SAB 121) requires custodians of digital assets to record those assets on their balance sheets.
2023-6-30 19:15 | |
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Coinbase accounts for roughly 79% of entities waiting to withdraw their staked Ethereum (ETH) as of June 8, according to Nansen’s dashboard. The exchange wants to withdraw 70,057 ETH (roughly $129 million) of the 88,121 ETH tokens pending withdrawals as of press time.
2023-6-8 12:45 | |
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Data shows that ARK 21Shares Bitcoin exchange-traded fund (ETF), also known as ARKB, recorded the highest amount of inflows after reaching a crucial level. According to data provided by Farside Investors, the US Bitcoin (BTC) ETFs registered $100.5 million in…
Elements of the Payment Stablecoin Act have the potential to be beneficial for American consumers — but critics claim other parts are “unconstitutional.” Republican Cynthia Lummis and Democrat Kirsten Gillibrand have become something of a bipartisan, pro-crypto double act in…
Two U.S. lawmakers have proposed a bill that clarifies the taxation framework for cryptocurrency staking rewards. Bipartisan lawmakers Reps. Wiley Nickel, D-N.C., and Drew Ferguson, R-Ga, introduced the Providing Tax Clarity for Digital Assets Act on May 1 to clarify…
On April 30, Judge Richard Jones sentenced Zhao to four months in prison, going against the U.S. Department of Justice (DOJ)’s recommendation for a three-year jail sentence. London-based financial services lawyer Rabya Anwar told crypto.news that the stories of Zhao…
Willy Woo, an on-chain analyst, took to X on April 29, raising concerns about the fate of retail Bitcoin investors if the world, especially the United States, plunges into a recession. Woo, referencing historical events, argues that while large Bitcoin holders, or “whales,” are likely to weather the storm since they control private keys of their coins, […]
U.S. senators Elizabeth Warren and Bill Cassidy have urged the Department of Justice (DOJ) and Department of Homeland Security (DHS) to double down on their efforts to combat crypto use in the market for child sex abuse material (CSAM). In…
Uniswap‘s token UNI has dropped 17% following a lawsuit notice from US regulators sinking to $9.27, its lowest since late February. The latest decline coincided with the exchange receiving an official investigation Wells notice from the SEC. The market cap…