Regulation

The upcoming House Appropriation budget has the potential to hinder the implementation of the US SEC’s controversial Staff Accounting Bulletin 121 (SAB 121). According to FOX Business reporter Eleanor Terrett, the bill includes a policy rider that prohibits the SEC from using appropriated funds to enforce the rule. The inclusion of this provision raises questions
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In a recent blog post, Coinbase CEO Brian Armstrong stressed the need for regulatory clarity in the crypto industry. He highlighted the significant investment Coinbase has made in policy efforts and emphasized the company’s commitment to continuing these investments as regulations evolve globally. Armstrong outlined two primary paths to achieving regulatory clarity: creating new case
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Senator Cynthia Lummis has been a key figure in advocating for pro-crypto legislation in the United States. Her efforts to educate fellow senators about digital assets have not gone unnoticed. Lummis has been instrumental in establishing a financial innovation caucus and a framework for managing the crypto sector. Her emphasis on Bitcoin as a store
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In a recent case, the U.S. District Court for the Western District of Texas sided with the Securities and Exchange Commission (SEC) in a legal battle against well-known crypto influencer Ian Balina. The court held that Balina had unlawfully offered and sold SPRK Tokens as securities in unregistered transactions, thereby violating U.S. securities laws. This
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