Category: Law of the Chain
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Janet Yellen reverses Bitcoin stance as BTC drops 5% to $42,000
U.S. Treasury Secretary Janet Yellen reversed stance on Bitcoin, citing regulatory concerns. Bitcoin (BTC) dropped 5% to $42,000 amid policy uncertainty.
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New York crypto tax to generate $158 million annually, says Robert Carroll
New York proposes a crypto tax generating $158 million annually, impacting Bitcoin and Ethereum traders, as stated by Assemblymember Robert Carroll.
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SEC files 12 enforcement actions targeting DeFi platforms including Uniswap in latest crypto clarity push
The SEC clarified crypto regulations, impacting Bitcoin and Ethereum. 12 new enforcement actions were filed, focusing on DeFi platforms like Uniswap.
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Trump’s crypto 401(k) order expands retirement options for 60 million Americans
SEC Chair Atkins stated Trump’s crypto 401(k) order increases retirement options, affecting Bitcoin and Ethereum; 60 million Americans have 401(k) plans.
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US Fed terminates crypto oversight program for banks in 2024
The US Federal Reserve will terminate its crypto oversight program for banks in 2024, affecting institutions like JPMorgan and Goldman Sachs, managing $3 trillion in assets.
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Michael Saylor addresses Federal Reserve crypto shift amid 2% market rise
Michael Saylor comments on the Federal Reserve’s unexpected policy shift affecting Bitcoin and Ethereum, following a 2% market surge in 24 hours.
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U.S. Fed disbands crypto oversight group amid $1.7 trillion market uncertainty
The U.S. Fed disbanded its crypto oversight group, affecting Bitcoin and Ethereum markets; $1.7 trillion crypto market faces regulatory uncertainty.
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Fed integrates crypto banking oversight into standard 2024 regulations
The Fed integrates crypto oversight into standard banking regulations, ending extra scrutiny. Bitcoin and Ethereum mentioned. 2024 sees streamlined processes for 500+ banks.
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Federal Reserve ends crypto supervisory program affecting 12 banks since 2021
The Federal Reserve terminated its crypto supervisory program affecting banks like JPMorgan and Goldman Sachs, impacting 12 institutions since 2021.
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Federal Reserve ends 2023 crypto banking program affecting Bitcoin and Ethereum
The Federal Reserve ends its crypto banking program, affecting Bitcoin and Ethereum markets; $400M in assets were under scrutiny in 2023.