Category: Law of the Chain
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SEC continues functioning during US government shutdown using reserve funds
The SEC continues operations during the government shutdown using reserve funds and fee collections, maintaining market oversight despite broader federal service disruptions affecting regulatory certainty.
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XRP ETF applications gain analyst support with regulatory approval likelihood
Analyst backing for XRP ETF filings indicates growing institutional confidence in regulatory approval, potentially expanding cryptocurrency investment options for traditional finance participants.
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SBI Crypto loses $21 million to suspected North Korean hackers using Tornado Cash
SBI Crypto’s $21 million loss demonstrates ongoing vulnerabilities in crypto security and highlights North Korean actors’ sophisticated laundering methods using privacy tools like Tornado Cash.
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Treasury exempts Bitcoin from CAMT tax on unrealized gains saving billions
The Treasury’s exemption of Bitcoin from the 15% CAMT tax on unrealized gains reduces regulatory burdens for crypto investors, potentially boosting market liquidity and institutional adoption.
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US Treasury eases cryptocurrency tax rules as Bitcoin stands to gain
The US Treasury’s revised crypto tax regulations reduce compliance burdens for investors, potentially increasing Bitcoin’s appeal as regulatory clarity improves market stability and institutional participation.
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UK Central Bank Considers Stablecoins to Diminish Banking Dependence
The Bank of England is exploring stablecoin integration to diversify financial infrastructure, potentially reducing systemic banking dependencies and modernizing payment systems.
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White House withdraws Quintenz CFTC chair nomination after clash with Winklevoss twins
The withdrawal signals potential regulatory shifts for cryptocurrency oversight at the CFTC, impacting market stability and future policy directions under the Biden administration.
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Senate Reviews Cryptocurrency Taxes After IRS CAMT Guidance
The Senate is examining cryptocurrency taxation policies in response to IRS guidance on the Corporate Alternative Minimum Tax, indicating regulatory scrutiny of digital asset compliance.
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Lost Texts Prompt Oversight Inquiry Into Former SEC Chair Gary Gensler
The inquiry into Gary Gensler’s lost texts raises concerns about SEC transparency and record-keeping, potentially impacting regulatory oversight and public trust in financial governance.
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Roman Storm seeks acquittal in US court on cryptocurrency charges
The legal outcome could set precedents for cryptocurrency developers’ liability and influence future regulatory approaches to decentralized finance platforms.