Regulations

The U.S. Internal Revenue Service has posted an early draft of the U.S. tax form for reporting crypto transactions. (Jesse Hamilton/CoinDesk)

The rule that calls for the new 1099-DA isn't finished, yet, but the U.S. tax agency has shared what the form might look like to report brokered sales of digital assets.

By Jesse Hamilton

Apr 19, 2024 at 5:50 p.m. UTC

Apr 19, 2024

Regulationstax codeInternal Revenue ServiceRulemaking

U.S. Sen. Cynthia Lummis says her stablecoin proposal would favor U.S.-oriented issuers. (Shutterstock/CoinDesk)

Policy

Regulations

Sen. Lummis: It'll Pay to 'Choose Circle Over Tether' Under U.S. Stablecoin Proposal

The co-author of the U.S. Senate's latest push for stablecoin regulations suggests Circle would have an edge over foreign competitors for customers seeking safety.

By Jesse Hamilton

Apr 18, 2024 at 6:44 p.m. UTC

Apr 18, 2024

RegulationsCircle internet financialTetherUSDTUSDCStablecoin legislationStablecoinsSenateCynthia LummisKirsten Gillibrand

Policy

Regulations

Mango Markets Exploiter Avi Eisenberg Found Guilty of Fraud and Manipulation

Eisenberg faces up to 20 years in prison for his $110 million heist.

By Cheyenne Ligon

Apr 18, 2024 at 5:27 p.m. UTC

Apr 18, 2024

RegulationsAvi eisenbergMango Markets

Policy

Regulations

Protecting Crypto Users Is More Important Than Faster UK Registration: FCA Executive

Members of the industry have said the regulator takes too long to approve crypto applications.

By Camomile Shumba

Apr 18, 2024 at 3:00 p.m. UTC

Apr 18, 2024

RegulationsCryptoFCAUK

Finance

Regulations

Tokenization Growth Depends on Developing Blockchain-Powered Secondary Markets: Moody's

There aren't enough secondary markets that support tokenized assets, and they come with risks, the ratings company said.

By Sandali Handagama

Apr 18, 2024 at 1:00 p.m. UTC

Apr 18, 2024

RegulationsMoody'sTokenizationBlockchain

Wellington, New Zealand (Wolf Zimmermann/ Unsplash)

Policy

Regulations

New Zealand Starts Digital Cash Consultation

The consultation paper asked its citizens to respond on the digital cash design, whether or not interest should be paid and if there should be holding limits.

By Camomile Shumba

Apr 18, 2024 at 9:41 a.m. UTC

Apr 18, 2024

RegulationsNew ZealandCBDC

Policy

Regulations

Jury Begins Deliberations in $110M Mango Markets Fraud Trial

Avi Eisenberg faces up to 20 years in prison if he’s convicted on all three counts against him.

By Cheyenne Ligon Danny Nelson

Apr 17, 2024 at 8:06 p.m. UTC

Apr 17, 2024

RegulationsAvi eisenbergMango Markets

Crypto industry support may have helped lift Shomari Figures to his win in an Alabama congressional primary this week. (Courtesy of Figures for Congress)

Policy

Regulations

Crypto PAC Spent Millions to Get Alabama Candidate on Path Toward Congress

Shomari Figures just won the Democratic primary in Alabama after $2.7 million in outside support from one of the digital assets industry's main campaign-finance operations.

By Jesse Hamilton

Apr 17, 2024 at 4:21 p.m. UTC

Apr 17, 2024

Regulationscampaign contributionsElection 2024AlabamaCongress

MP Lisa Cameron (Camomile Shumba/CoinDesk)

Policy

Regulations

UK Lawmakers Call for Govt to Develop Crypto, Blockchain Skills Pipeline

Member of Parliament Lisa Cameron called for the government to ensure that all stages of education and the workplace contribute to developing digital skills.

By Camomile Shumba

Apr 17, 2024 at 10:06 a.m. UTC

Apr 17, 2024

RegulationsCryptoUK