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Regulators

IRS Criminal Investigation Unit Says Crypto Tax Investigations Surged in 2023

The U.S. Internal Revenue Service's (IRS) criminal investigation unit says crypto tax investigations are on the rise. The unit notes…

December 6, 2023

Robinhood CEO Says Potential Fed Rate Cuts and Two Additional Catalysts Boosting Crypto Optimism

Robinhood CEO and co-founder Vlad Tenev says that potential rate cuts by the Federal Reserve and two other things are…

December 6, 2023

US Crypto Firms Break New Record, Spending $18.96 Million on Lobbying in 2023: Report

US crypto firms are reportedly breaking records in terms of how much they’ve spent on lobbying in 2023. According to…

December 5, 2023

Crypto.com Gets Regulatory Approval for Electronic Money Institution in UK With Financial Conduct Authority

Crypto.com is announcing that it has been authorized as an Electronic Money Institution (EMI) by the UK’s Financial Conduct Authority…

December 4, 2023

Bank of America To Pay $12,000,000 Fine for Repeatedly Breaking the Law, Sending False Information to Regulators

One of the largest banks in the country is getting slapped with a multi-million dollar fine from the Consumer Financial…

December 3, 2023

Kraken Chief Legal Officer Says Bright Future Ahead for Crypto After Binance Settlement With US Government

The chief legal officer of crypto exchange Kraken is optimistic that Binance’s decision to settle with the US government will…

December 3, 2023

Crypto Markets Tick Upward on Friday As Fed Chair Jerome Powell Strikes Mixed Tone on Inflation in New Speech

Bitcoin (BTC) and the crypto markets ticked upward on Friday after U.S. Federal Reserve Chair Jerome Powell appeared to express…

December 2, 2023

Coinbase Witnesses 200% Jump in Information Requests From Government Agencies and Law Enforcement Since 2020

US-based crypto exchange Coinbase has seen a two-fold increase in the number of customer information requests from government and law…

December 1, 2023

‘No Rhyme or Reason’ – SEC Commissioner Hester Peirce Blasts Her Own Agency’s Handling of US Crypto Industry

U.S. Securities and Exchange Commission (SEC) official Hester Peirce is launching another broadside against her agency over its regulation of…

December 1, 2023

U.S. Securities and Exchange Commission (SEC) Seeks Public’s Thoughts on Fidelity’s Potential Spot Ethereum ETF

The U.S. Securities and Exchange Commission (SEC) is asking the public what they think about financial services giant Fidelity’s potential…

December 1, 2023