regulations
16 articles tagged "regulations"
OCC Proposes New Rules to Regulate Stablecoin Reserves
The OCC has unveiled proposed regulations for stablecoins as part of the GENIUS Act, inviting industry feedback on creating a safe financial framework.
CFTC Revokes Obsolete Crypto Guidelines in Regulatory Shift
The CFTC has decided to withdraw its previously established crypto delivery guidance, citing its complexity and lack of relevance in today's market. This marks a significant move as regulatory bodies strive to catch up with the evolving landscape of cryptocurrencies.
SEC’s Paul Atkins Reframes Crypto Policy with 'Project Crypto'
SEC Chairman Paul Atkins reveals 'Project Crypto', an initiative aimed at reshaping regulations and clarifying the status of crypto assets, indicating that most are not securities.
SEC Abandons Gensler's DeFi and Custody Regulations Amid Criticism
The SEC has officially retracted proposals aimed at regulating DeFi exchanges and crypto custody, originating during Gary Gensler's chairmanship. This decision reflects growing pushback from industry experts and stakeholders.
SEC Chair Unveils Plans for New Cryptocurrency Rules
SEC Chair Paul Atkins announces a new regulatory framework for cryptocurrency tokens, aiming to establish guidelines for trading and issuing digital assets.
Trump's SEC Team Set to Reshape Cryptocurrency Regulations
As President-elect Donald Trump prepares to take office, key officials at the SEC plan to initiate a significant overhaul of cryptocurrency regulations. This shift marks a departure from the previous administration's policies.
New York Introduces Regulations for Buy-Now-Pay-Later Loans
New York's Department of Financial Services outlines proposed regulations for Buy-Now-Pay-Later loans, emphasizing consumer protection and oversight.
U.S. Treasury Aims to Enhance Crypto Money Laundering Regulations
The U.S. Treasury seeks stronger anti-money laundering efforts for cryptocurrencies in its new strategic approach to combat illicit financing. Key measures include addressing regulatory gaps and enhancing law enforcement capabilities.
SEC Approves Bitcoin ETFs: Gensler Clarifies Stance on Crypto
Gary Gensler clarifies that SEC's recent approval of Bitcoin ETFs does not equate to the agency endorsing Bitcoin itself. The chair emphasizes the need for regulation.
IRS Crypto Tax Proposal Faces Industry Pushback and Revisions
The IRS and U.S. Treasury officials are engaging with industry concerns over a proposed crypto tax regulation, suggesting potential revisions ahead.
FinCEN Moves to Regulate Digital Asset Mixers for Money Laundering
The U.S. Treasury's FinCEN has proposed a rule that requires financial institutions to tighten reporting on digital asset mixers to combat money laundering. This historic measure targets illicit activities involving convertible virtual currency.
IRS Unveils New Regulations for Digital Asset Broker Reporting
The IRS has proposed new regulations for broker reporting on digital assets, seeking public feedback by October 30, 2023. Key changes include an expanded definition of 'broker' and new rules for digital asset transactions.
IRS Proposes New Regulations on Digital Asset Tax Reporting
The IRS has unveiled proposed regulations on digital asset transactions, aiming to enhance tax compliance in this rapidly evolving sector. These regulations will affect brokers and digital asset definitions significantly.
Treasury Updates Brokers on Cryptocurrency Reporting Rules
The Treasury and IRS propose new regulations for cryptocurrency brokers, requiring detailed reporting starting in 2025, with public feedback sessions scheduled.
New Reporting Rules Proposed for Digital Assets by Treasury and IRS
The U.S. Treasury and IRS have proposed new regulations for digital assets, expanding the definition of brokers and introducing reporting requirements. Stakeholders have until late October to submit comments.
Facctum Unveils Real-Time Payments Screening Tech for Enhanced Compliance
Facctum's new FacctShield technology aims to bolster financial crime compliance through real-time payment screening. Introduced during Money 20/20, it addresses evolving risks in the payments sector.