The Treasury admits there’s not much crypto-aided sanctions evasion going on, stablecoins attract regulatory attention, and a fourth futures-based BTC ETF secures approval.
Law Decoded: ‘Unhosted’ wallets are just ‘wallets,’ March 28–April 4
Yet another regulatory attack on self-hosted wallets, a digital dollar with privacy protections, and more of the same for spot BTC ETFs.
Law Decoded: Crypto taxes and taxes on crypto, March 21–28.
Some jurisdictions are introducing digital assets as tax payment options while others levy hefty taxes on crypto gains.
Law Decoded: Arab States of the Gulf open up to digital asset services, March 14–21
Crypto comes to the Persian Gulf, U.S. Congress moves sideways, Australia is looking at regulating DAOs.
Law Decoded: Joe Biden’s executive order is finally upon us, and it doesn’t look too dreadful, March 7–14.
The long-anticipated presidential directive drops, EU votes on PoW ban, South Korea gets a pro-crypto president.
Biden to sign executive order on crypto, authorize all-government effort to consolidate regulation
The document does not announce any restrictive measures, but it will undoubtedly lay the groundwork for a more focused federal oversight.
Law Decoded: Crypto in times of war, Feb. 28–Mar. 7
The catastrophe unfolding in Ukraine will have long-lasting consequences for the crypto space, too.
Seizure of Bitfinex funds is a reminder that crypto is no good for money launderers
Law enforcement’s robust capacity to follow the money on the blockchain is good news for the crypto industry.
Survey: US consumers’ dissatisfied with Web2, limited knowledge of Web3
While Web3 narratives haven’t yet permeated public consciousness, there seems to be a strong foundation for future acceptance of the idea.
Law Decoded: Bitcoin’s censorship resistance capacity enters the spotlight, Feb. 14–21
Recent events in Canada sparked a global conversation about financial censorship and crypto’s potential to guard against it.
Russia’s Finance Ministry introduces digital currency bill, brushes off Central Bank’s objections
As the public standoff between the two agencies approaches fever pitch, the Ministry of Finance makes a formal move.
SEC v. Ripple: Here’s how two 2012 memos can turn the tide in the milestone crypto case
We will soon know if Ripple’s executives were warned of the possibility of an SEC lawsuit ahead of XRP’s launch.
Law Decoded: States’ crypto rights and the influx of digital money into analog politics, Feb. 7–14.
As U.S. Congress continues its crypto education at a measured pace, states race to explore the benefits of financial innovation.
SEC hits BlockFi with a $100 million penalty, gives 60 days to comply with a 1940 law
The penalty comes after months of heightened regulatory attention to crypto lending platforms.
India’s finance minister waiting for consultations to decide whether to ban or regulate crypto
The country’s finance minister admitted to not having enough information to make a fateful call.
US Federal Reserve bank at the helm of CBDC research effort appoints new president
Susan M. Collins is set to become the first Black woman to head a Federal Reserve Bank.
Law Decoded: Tangible wins, new menaces and the global crypto taxation drive, Feb. 1–7
Crypto advocates celebrate wins, the Treasury and SEC seek to introduce crypto-unfriendly rules, and governments rush to levy digital asset taxes.
US Federal deposit insurer lists “crypto-asset risks” among its top priorities for the year
FDIC’s acting chairman stated that the work on crypto-related guidance for U.S. banks is underway.
Stealth rulemaking: Is proposed SEC rule with no mention of crypto a threat to DeFi?
A 600-page document proposes changes to the definition of an exchange that could extend to include DeFi protocols.
PoS validator turns down IRS tax refund offer, pushes for clear policy on staking taxation
The Tezos validator who took the IRS to court argues that staking rewards should be treated as created property rather than income.