Web3/Crypto News

Cryptocurrency may play role in upcoming tax policy discussions
Web3/Crypto

Cryptocurrency may play role in upcoming tax policy discussions

In Washington, discussions have begun among Republicans about potential tax changes for the coming year.

Blockchain Association hosts third annual policy summit focusing on crypto regulations
Web3/Crypto

Blockchain Association hosts third annual policy summit focusing on crypto regulations

The Blockchain Association recently held its third annual Policy Summit in Washington, D.C., drawing together a diverse group of Congressional leaders, regulators, and industry experts to discuss the future of digital asset policy and regulation...

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Coin Center outlines 2025 policy priorities focused on crypto legislation
Web3/Crypto

Coin Center outlines 2025 policy priorities focused on crypto legislation

Coin Center has outlined its primary policy priorities for 2025, focusing on legislative and administrative changes to support open blockchain networks and the individuals who develop and use them.


Tornado Cash cases prompt call for legal clarity in blockchain transparency
Web3/Crypto

Tornado Cash cases prompt call for legal clarity in blockchain transparency

The Tornado Cash sanctions and subsequent criminal prosecutions have sparked debate within the cryptocurrency sector.


Blockchain Association announces agenda for third annual policy summit
Web3/Crypto

Blockchain Association announces agenda for third annual policy summit

Blockchain Association is set to host its third annual Policy Summit in Washington, D.C., on December 16-17, 2024.


Trump: 'David O. Sacks to Be White House A.I. & Crypto Czar, Leading U.S. in Innovation and Free Speech'
Web3/Crypto

Trump: 'David O. Sacks to Be White House A.I. & Crypto Czar, Leading U.S. in Innovation and Free Speech'

Donald Trump, the 47th President-elect of the United States, has appointed David O. Sacks as the "White House A.I. & Crypto Czar."


Trump: "Digital Assets Are Crucial to Making America Greater Than Ever Before," Nominates Paul Atkins as SEC Chair
Web3/Crypto

Trump: "Digital Assets Are Crucial to Making America Greater Than Ever Before," Nominates Paul Atkins as SEC Chair

Donald Trump, the 47th President-elect of the United States, highlighted Paul Atkins' expertise in regulation, capital markets, and digital innovation.


1789 Capital Founder: Judge’s blockage of Musk’s Tesla pay package shows ‘why CBDCs are a non-starter’
Web3/Crypto

1789 Capital Founder: Judge’s blockage of Musk’s Tesla pay package shows ‘why CBDCs are a non-starter’

The co-founder of 1789 Capital said a Delaware judge’s blockage of Elon Musk’s Tesla pay package shows ‘why Central Bank Digital Currencies (CBDCs) are a non-starter.”


Ex-SEC commissioner Paul Atkins considered as potential successor for SEC chair
Web3/Crypto

Ex-SEC commissioner Paul Atkins considered as potential successor for SEC chair

Speculation has emerged regarding former Securities and Exchange Commission (SEC) Commissioner Paul Atkins potentially succeeding Gary Gensler as SEC Chair.


Binance ranks as the leading cryptocurrency app globally in 2024
Web3/Crypto

Binance ranks as the leading cryptocurrency app globally in 2024

Sensor Tower has released a report ranking Binance as the world’s leading cryptocurrency app for 2024, achieving top positions for downloads across major global markets.


Discussions on potential White House role for crypto policy
Web3/Crypto

Discussions on potential White House role for crypto policy

On November 20, discussions took place regarding the establishment of a White House position to oversee cryptocurrency policy.


Bringweb3 CEO: 'we’re entering a new era' with potential 'crypto-friendly Treasury'
Web3/Crypto

Bringweb3 CEO: 'we’re entering a new era' with potential 'crypto-friendly Treasury'

Meir Zohar, founder and CEO of Bringweb3, said that advances in the Web3 industry, along with Scott Bessent's nomination as President-elect Donald Trump's Treasury Secretary, could position the U.S. as a leader in financial technology innovation.


Ripple chief legal officer: SEC's record fines are 'an indictment of oversight gone terribly wrong'
Web3/Crypto

Ripple chief legal officer: SEC's record fines are 'an indictment of oversight gone terribly wrong'

Ripple Chief Legal Officer Stuart Alderoty has criticized the U.S. Securities and Exchange Commission's (SEC) record fines collected in 2024, describing them as indicative of inefficient oversight.


SEC enforcement record highlights $8.2 billion in penalties as crypto sector criticizes aggressive approach
Web3/Crypto

SEC enforcement record highlights $8.2 billion in penalties as crypto sector criticizes aggressive approach

On November 22, 2024, the U.S. Securities and Exchange Commission (SEC) reported $8.2 billion in financial remedies for fiscal year 2024, the largest in its history. This total includes $4.5 billion in penalties, largely attributed to enforcement actions within the cryptocurrency sector.


Crypto advocate claims Yellen’s departure could usher in a crypto-friendly era
Web3/Crypto

Crypto advocate claims Yellen’s departure could usher in a crypto-friendly era

U.S. Treasury Secretary Janet Yellen has announced she will step down at the end of President Joe Biden's term in January, a move that has sparked optimism in the cryptocurrency community about the potential for more favorable policies.


SEC chair candidate calls for crypto reform and innovation: 'Make the SEC Great Again'
Web3/Crypto

SEC chair candidate calls for crypto reform and innovation: 'Make the SEC Great Again'

On November 21, Teresa Goody Guillén, an attorney and blockchain expert, used X to propose reforms for the Securities and Exchange Commission (SEC), amid speculation that she may be a candidate for SEC Chair under the incoming Trump administration.


Ripple CEO: Nominee for new Treasury Secretary is 'pro-innovation, pro-crypto'
Web3/Crypto

Ripple CEO: Nominee for new Treasury Secretary is 'pro-innovation, pro-crypto'

Ripple CEO Brad Garlinghouse expressed optimism regarding Scott Bessent, President-elect Donald Trump's nominee for Treasury Secretary, suggesting that Bessent will support innovation and the digital asset industry.


Senator Lummis: SEC chair's resignation 'is welcome news for the digital asset industry'
Web3/Crypto

Senator Lummis: SEC chair's resignation 'is welcome news for the digital asset industry'

U.S. Senator Cynthia Lummis expressed her belief that the resignation of Securities and Exchange Commission (SEC) Chair Gary Gensler will benefit the digital asset industry and support financial innovation in the United States.


Rep. Nickel: SEC Chair's 'tenure has been marked by overreach, excessive and misguided rulemaking, regulation by enforcement'
Web3/Crypto

Rep. Nickel: SEC Chair's 'tenure has been marked by overreach, excessive and misguided rulemaking, regulation by enforcement'

Rep. Wiley Nickel (D-NC) said that the resignation of SEC Chair Gary Gensler provides an opportunity for new leadership to collaborate with Congress in a bipartisan manner to maintain the U.S.'s leadership in financial technology.


Attorney: Next SEC chair 'must take a 'do no harm' approach to the regulation of crypto asset markets'
Web3/Crypto

Attorney: Next SEC chair 'must take a 'do no harm' approach to the regulation of crypto asset markets'

Mike Selig, a partner at Willkie Farr & Gallagher, has called for the next chair of the U.S. Securities and Exchange Commission (SEC) to promote innovation in the cryptocurrency sector and to cease what he describes as the agency's "regulation by...