Facebook CEO Mark Zuckerberg faced members of Congress on Wednesday, October 23, on the social media giants plans to launch its own cryptocurrency. In her opening statement, the committees chairwoman, Rep. Maxine Waters...

As the crypto ecosystem thrives and proliferates, some of its biggest players have intersected with the traditional financial market, causing government agencies to closely monitor its development. Now, the Association of...

Ethereum has always struggled with its monetary identity and establishing itself as a veritable form of payment in the eyes of institutional investors. As such, the cryptocurrency has found it difficult to land success in...

The United States Securities and Exchange Commission (SEC) is seeking comments on an exchange-traded fund (ETF) proposal based on bitcoin and Treasury bonds. On October 04, Wilshire Phoenix and NYSE Arca filed an...

Digital asset management fund Grayscale Investment has secured regulatory approval from the U.S. Financial Industry Regulatory Authority (FINRA) to publicly quote the shares of its diversified cryptocurrency fund. The...

The U.S. Internal Revenue Services (IRS) has added a question about cryptocurrencies in its updated 1040 income tax form for the coming tax season. As per a draft of the Additional Income and Adjustments to Income...

The Securities and Exchange Commission (SEC), the Financial Crimes Enforcement Network (FinCEN), and the Commodity Futures Trading Commission (CFTC) have issued a three-party joint statement on cryptocurrency. The rare...

Crypto Valley Association (CVA), a government-supported Swiss blockchain and crypto advocacy group, has become the latest organisation to join the International Digital Asset Exchange Association (IDAXA). IDAXA was...

The World Federation of Exchanges (WFE), the global industry association for exchanges and clearing houses, has asked UKs Financial Conduct Authority (FCA) not to ban the sale of crypto derivatives to retail...

Telegram is likely postponing the launch of its own cryptocurrency on the Telegram Open Network (TON) after it was ordered to be halted by the U.S. Securities and Exchange Commission (SEC) for unlawful token sale in the...

Canadian blockchain companies want to know the stance of the government on cryptocurrency and blockchain, according to a report by the Canadian Digital Chamber of Commerce (CDCC). The new report, which aims to analyze...

A New York judge has denied the request of the New York Attorney General (NYAG)s office to make Bitfinex and Tether compile documents related to their alleged $850 million cover-up and $900 million line of credit. OAGs...

The U.S. Internal Revenue Services has released new guidance in the form of a Revenue Ruling for tax reporting on cryptocurrency airdrops and hard forks. The Revenue Ruling 2019-24 intends to help taxpayers understand...

The United States Securities and Exchange Commission (SEC) has rejected the bitcoin exchange-traded fund (ETF) proposal filed by Bitwise Asset Management. In January, Bitwise filed its bitcoin ETF proposal with the SEC...

The Bank of England has called for highest standards of resilience and appropriate supervisory oversight for Facebooks Libra cryptocurrency project before it launches in the UK. The central banks Financial Policy...