Crypto regulations: US congress has placed18 bills on digital assets in 2021 so far
Former FDIC regulator Jason Brett claims that this year, US lawmakers have shifted their attention away from private stablecoins and toward regulating decentralised digital assets. The US Congress looks to be pressing for more legislative clarification on crypto assets , with 18 measures relating to blockchain and cryptocurrency submitted so far in 2021. According to […]
Coinbase slams US lawmakers for their hasty insertion of the infrastructure bill
In a statement, Coinbase’s global tax vice president expressed his displeasure with Congress for rushing through controversial crypto tax provisions as part of an infrastructure package, saying that the bill might affect up to 60 million Americans. Cryptocurrency provisions were rushed into the bipartisan infrastructure bill by Congress at the last minute, according to Coinbase […]
UK becomes PayPal’s first crypto expansion outside the U.S
PayPal customers in the United Kingdom will be able to buy, sell, and store four different cryptocurrencies: Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. PayPal customers in the United Kingdom can now purchase, sell, and hold Bitcoin, Ethereum, Bitcoin Cash, and Litecoin starting Monday. Through a crypto page on PayPal’s website and mobile app, customers may […]
The Securities and Exchange Commission’s chairman promises crypto crackdown
Gary Gensler, the head of the Securities and Exchange Commission in the United States, has predicted a crypto crackdown, he also stated that the cryptocurrency market is “like the Wild West.” According to Bloomberg, the cryptocurrency business is expanding, with a market capitalization of almost $2 trillion. This is owing to the widespread adoption of […]
Huobi adds crypto-fiat support operations in Latin America
Our objective is to bridge this gap between fiat and crypto for traders throughout all the region in a fast and efficient way”- Huobi’s Director of Global Strategy. The next chess move involves collaboration with Latamex , Settle Network’s on-ramp and off-ramp fiat-to-crypto payment gateway, with the purpose of facilitating fiat-to-crypto purchases and sales in […]