Update (Jan. 23, 11:55 pm UTC): This article has been updated to add information throughout.The Securities and Exchange Commission has canceled a controversial rule that mandated financial firms holding crypto must record those holdings as liabilitie

Sen. Ted Cruz plans to introduce a Congressional Review Act resolution next week aimed at overturning a controversial tax rule requiring certain decentralized finance brokers to file reports on gross proceeds.The Texas Republican plans to introduce t

Two technology trade groups have filed a lawsuit against the US Consumer Financial Protection Bureau, challenging its push to treat payment apps and digital wallets like banks.The complaint, filed on Jan. 16 by TechNet — a bipartisan network of techn

The US Consumer Financial Protection Bureau (CFPB) has proposed a rule that could require crypto asset service providers to reimburse users for funds stolen through illicit activities, including hacks.In a Jan. 10 notice, the CFPB proposed a rule tha

The despised Dealer Rule sought to expand the definition of a financial dealer to encompass DeFi liquidity providers.

The Blockchain Association and Crypto Freedom Alliance of Texas filed suit in April, the month the expanded rule took effect.

The GOP's push against the SEC's crypto rule highlights ongoing tensions over regulatory approaches, potentially impacting future crypto policies. The post Republicans urge SEC to drop SAB 121 crypto accounting rule appeared first on Crypto Briefing.

Activity keeps heating up around Bitcoin and Ethereum ETF options.

While challenging to implement, the FATF’s Travel Rule is a crucial step towards greater transparency and security in the crypto space.