Illinois has opened a new front in state-level crypto regulation after Governor J.B. Pritzker signed a budget package containing the Digital Asset Tax Act, a measure industry groups are already attacking as one of the harshest crypto transaction taxes in the United States. TL;DR The law introduces a 0.2% privilege tax on digital asset broker…
TL;DR SEC Commissioner Hester Peirce delivered a farewell speech titled “Peirce Out.” She criticized the agency’s reliance on enforcement instead of clearer rulemaking. She said she would join Regent University School of Law in November 2026. Peirce Uses Farewell Speech To Criticize SEC Approach SEC Commissioner Hester Peirce used her farewell address, titled “Peirce Out,”…
Crypto intelligence firm TRM Labs says Central Asia could be the new frontier in illicit blockchain finance. As sanctions tighten around the Russian economy, the Kremlin is finding new ways, through crypto, to route funds and access dual-use goods. It has been reported that Kyrgyzstan, a post-Soviet republic, may increasingly be acting as a useful…
Crypto marketing is changing how digital asset platforms grow and engage users. Unlike traditional marketing, it works in a fast-changing, decentralized world where innovation, trust, and community are key. This environment calls for a flexible, transparent, and user-focused approach, something that crypto exchanges have mastered to succeed globally. With more people exploring crypto each year,…
The cryptocurrency industry has weathered its share of scandals, scams, and negative press. Even with these challenges, it has managed to both survive and - perhaps more impressively - grow. Now, with increased regulation, Kasta CEO Carl Roegind says we're seeing a significant step toward the type of scrutiny that traditional finance has grown accustomed…
Governments worldwide are intensifying regulations on cryptocurrencies, signaling a global shift as nations grapple with the rapidly evolving digital asset industry. Morocco is preparing to regulate cryptocurrencies with a draft law currently in the process of adoption, according to central bank governor Abdellatif Jouahri. Despite a ban on cryptocurrencies since 2017, underground usage has persisted,…
XRP, a crypto that has faced regulatory challenges, is back in the spotlight with analyst Dark Defender predicting a potential price surge by mid-2024. Defender’s analysis hinges on a confluence of factors, including technical indicators, anticipated regulatory changes, and broader market trends. Related Reading Technical Breakout Aligns With Regulatory Shift Utilizing Fibonacci Time Zones and…
The U.S. House of Representatives voted 279-136 to approve the Financial Innovation and Technology for the 21st Century Act, with significant support from House Democrats. On Wednesday, the crypto industry achieved its largest-ever U.S. policy victory as the House passed a comprehensive bill to regulate digital asset markets. The vote, which saw Democrats crossing party…
In a historic move that sets a precedent for decentralized autonomous organizations (DAOs), 1inch DAO, the entity behind the 1inch Network, has voted to secure “legal advisory services” from STORM Partners. Notably, this decision comes amid growing regulatory scrutiny on the crypto and decentralized finance (DeFi) sectors. 1inch DAO Votes To Onboard STORM Partners For…
Two months before El Salvador’s next presidential election, President Najib Bukele has relinquished his leadership. What does this mean for El Salvador? At the beginning of December, just two months before El Salvador’s next presidential election, President Najib Bukele relinquished his leadership of the country. This came as a surprise to the rest of the…