Furthermore, the Department of Justice (DOJ) has announced the dissolution of their National Cryptocurrency Enforcement Team (NCET). Created in October 2021, this unit is intended to spearhead difficult criminal investigations and prosecutions involving the criminal misuse of cryptocurrency. In July 2023, the team was accepted into the Computer Crime and...
This week Alabama legislators will consider all three bills. This wave of proposed legislation, if passed, would dramatically reshape how the state engages with and regulates cryptocurrency and blockchain technology. These bills will clarify the state’s regulatory framework for digital assets and allow states to invest in cryptocurrency. In addition,...
A new report from Bernstein suggests that upcoming digital asset regulations could significantly benefit trading platforms like Robinhood and Coinbase. The anticipated regulatory framework promises a unified structure for trading both securities and non-securities, potentially unlocking new opportunities and streamlining operations for these companies.The Securities and Exchange Commission (SEC) and...
We welcome the release today of six key principles on which to base this future legislation, from Reps. They are to be commended for their focus on innovation, regulatory clarity and consumer protection. Their proposal, as described in an op-ed published on April 4, would provide much-needed legal certainty for...
Senator Tim Scott, chair of the Senate Banking Committee, is marking his first 100 days by advancing two key digital asset bills aimed at establishing clear rules for the industry. The GENIUS Act and the FIRM Act have arrived! These bills represent a positive step in the right direction, offering...
Just in the first quarter of 2025, institutional cryptocurrency trading volumes jumped by a staggering 141% year-over-year. This increase took place even as Bitcoin suffered its sharpest price drop since 2022. The stablecoin sector ended up being the most resilient during this slump. Its total market capitalization surged over $230...