US ‘dropping the ball’ on crypto, but that should change soon: Tether CEO
Tether CEO Paolo Ardoino says the US has been lagging on crypto laws but thinks that could soon change after the November elections.This post was originally published on this site
Ripple CEO on SEC appeal: ‘We’ll fight in court for as long as we need’
Ripple CEO Brad Garlinghouse vowed to fight the SEC’s new appeal in a case one lawyer suggests could be dragged into early 2026.This post was originally published on this site
OpenSea users claim NFTs are securities in proposed class suit
A pair of OpenSea users claim the NFTs they bought on the platform “are worthless” because they the tokens are unregistered securities.This post was originally published on this site
Elon Musk Warns US Laws and Regulations Will Worsen Every Year Without Major Reform
Tesla and Spacex CEO Elon Musk has warned that without substantial government reform, laws and regulations will worsen annually, potentially stifling major initiatives. He has reiterated his call for significant U.S. government changes and agreed to help former President Donald Trump lead a new government efficiency commission, an idea he proposed. Musk believes reducing wasteful […]
SEC to drop investigation into Ethereum: Consensys
The SEC’s enforcement division said it’s closing its investigation into Ethereum, though Consensys says the fight isn’t over yet. This post was originally published on this site
SEC’s Gary Gensler is getting irked being asked about crypto
SEC Chair Gary Gensler says he gets an “outsized ratio” of questions about crypto despite its relatively small size compared to the overall financial market.This post was originally published on this site
US House Democratic coalition creates AI working group
Rep. Derek Kilmer, will chair the Artificial Intelligence Working Group aimed at introducing “sensible, bipartisan” policies for AI technology.This post was originally published on this site
SEC asks for more time to respond to Coinbase call for crypto clarity
The securities regulator said it would make a recommendation within 120 days on Coinbase’s rulemaking request, but says the action has “no merit.”This post was originally published on this site
Tax Authority Slated to Become Main Crypto Regulator in Russia
Russia’s tax administration is going to be tasked with overseeing the crypto industry in the country, a high-ranking government official has indicated. According to the regulatory concept that’s currently under consideration, the revenue service will also serve as an entry point for market participants. Russians to Report Crypto Holdings and Transactions to Their Tax Service […]
Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says
Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the Russian parliament announced. Meanwhile, Russian companies are already using digital assets in cross-border settlements, the official noted. Russian Legislature to Vote on Crypto Laws by End of July The State Duma, the lower house of […]