Tag: compliance

UK Unveils Comprehensive Crypto Regulation Plan

UK Unveils Comprehensive Crypto Regulation Plan

• Regulation

Meanwhile, the United Kingdom is laying the groundwork for a far-reaching crypto regulatory regime, positioning themselves to reclaim the initiative and emerge as a leader in digital finance. UK officials are developing a detailed framework that will subject crypto firms to the same stringent standards as traditional financial institutions. The...

BlackRock Consults SEC on Crypto ETP Compliance

BlackRock Consults SEC on Crypto ETP Compliance

• Regulation

BlackRock engaged with the U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force on May 9th to seek clarification on cryptocurrency regulations. The main topics of the conversation were tokenization, staking, and the approval process for exchange-traded products (ETPs). This meeting is a testament to BlackRock’s forward-thinking strategy to adapt...

Illinois Crypto Regulations Could Burden Local Businesses

Illinois Crypto Regulations Could Burden Local Businesses

• Regulation

Chicago-based crypto companies would have a much harder time operating if Senate Bill 1797 and House Bill 742 were to become law. These bills would be major steps in protecting consumers and regulating the burgeoning cryptocurrency industry in Illinois. Critics further contend that the regulations would be overly expansive. They...

SEC's Crypto Crackdown: Could the IRS Offer a Better Path?

SEC's Crypto Crackdown: Could the IRS Offer a Better Path?

• Facts

The SEC is pursuing an aggressive enforcement stance to bring the crypto industry under its regulatory purview. This strategy has sparked controversy and fostered confusion among industry players. The SEC has done a tremendous amount in their ongoing efforts to protect investors and enforce our securities laws. The IRS culture...

TaxBit Executive Advocates for IRS-Inspired Clarity in Crypto Regulation

TaxBit Executive Advocates for IRS-Inspired Clarity in Crypto Regulation

• Regulation

The Securities and Exchange Commission (SEC) is receiving harsh rebuke for its heavy-handed tactics against crypto. Many are now calling for a more transparent and collaborative rulemaking framework, like the one used by the Internal Revenue Service (IRS). Miles Fuller, TaxBit’s Director of Government Solutions, thinks the SEC could take...

SEC Commissioner Urges Clear Crypto Rules Amidst Regulatory Uncertainty

SEC Commissioner Urges Clear Crypto Rules Amidst Regulatory Uncertainty

• Regulation

First, SEC Commissioner Hester Peirce raised alarm around the lack of clarity in existing crypto regulation in the US. Peirce recommended that the SEC issue clear rules around custodianship and classifications of assets for crypto assets. How else are we to find long-term and protect growth of the U.S. crypto...

Crypto Regulation Clarity: What the SEC's Push Means for You

Crypto Regulation Clarity: What the SEC's Push Means for You

• Facts

The world of cryptocurrency is used to dramatic volatility, but these days it’s not just prices taking center stage. Since the start of 2025, the Securities and Exchange Commission (SEC) has made some big moves that indicate a new regulatory partnership with crypto firms. This is a major departure from...

Crypto Clarity: Nasdaq's 4-Step Plan for SEC Regulation

Crypto Clarity: Nasdaq's 4-Step Plan for SEC Regulation

• Facts

The crypto world truly is a wild west, unlike anything we’ve ever seen— bursting with innovation and potential, but heavy with risk and trepidation. Regulatory uncertainty. Moreover, according to many investors, the regulatory waters are muddied and it often seems like they’re walking through a minefield. What if there was...

SEC's Atkins Demands Crypto Rules Overhaul: What It Means For You

SEC's Atkins Demands Crypto Rules Overhaul: What It Means For You

• Facts

SEC Chairman Paul Atkins asks for a long-term resetting of the agency’s regulatory approach towards crypto. This unprecedented step has the potential to change the game for investors, businesses, and ultimately the future of blockchain innovation in the US. DeliciousNFT.com is all set to walk you through what this means...

Crypto Regulation Navigates Shifting Sands in Early 2025

Crypto Regulation Navigates Shifting Sands in Early 2025

• Regulation

The first few months of 2025 were tumultuous in the crypto regulation landscape. Experts in law and corporate governance, including Joseph A. Grundfest and Paul Grewal, continue to play pivotal roles as the industry adapts to these changes. As such, their experiences as regulators, academics, and former executives at crypto...

Japan's "New Capitalism 2025" Plan Signals Regulatory Embrace of Bitcoin and Web3

Japan is strategically positioning itself as a global leader in digital innovation with its updated "New Capitalism 2025" plan, released on April 13. Taken together, this plan represents a major regulatory turning point event toward welcoming Bitcoin and Web3 technologies. The initiative aims to leverage digital assets to solve social...

Senate Republicans Forge Ahead on Crypto Market Structure Framework

Republican senators working on a new framework for digital assets legislation, riding the positive bipartisan wave in the Senate as of late. This announcement follows the Senate’s passage of a bill to regulate stablecoins last week. It was passing with overwhelming bipartisan support.Senators Tim Scott, Cynthia Lummis, Thom Tillis, and...

Trump Jr. at KBW2025: Web3's Mainstream Moment?

Donald Trump Jr.’s scheduled keynote address at KBW2025 is raising eyebrows and inspiring intense discussion across the Web3 ecosystem. He’s just a high-profile guy shaking things up in the crypto world. His presence further exemplifies the increasing importance of blockchain technology and its potential to revolutionize the traditional economy. Does...

Civitas Goes Immutable: Faster, Cheaper, and Gas-Free Trading!

Civitas is making a massive leap into the future of blockchain gaming, so join us! As an official partner of Immutable’s, our competitive game officially migrated from Ethereum to the Immutable zkEVM. This change will transform the Civitas experience for players all over the world. This new transition brings with...

Kazakhstan's Solana Zone: Web3 Oasis or Regulatory Mirage?

Kazakhstan is taking an ambitious step in the global Web3 race with its new Solana Economic Zone (SEZ). The SEZ is a controlled experimentation space. It seeks to establish a fertile environment for real-world crypto adoption and incubate new Web3 projects. The initiative is intended to mirror the success of...

MiCA Fuels Crypto Migration as US Regulatory Uncertainty Persists

The European Union’s Markets in Crypto-Assets (MiCA) regulation is quickly altering the global cryptocurrency playing field. With its promise of clarity and a unified regulatory framework, MiCA is attracting major crypto platforms and investors, while the United States grapples with regulatory ambiguity. This change is causing a huge exodus of...

MiCA's Masterstroke: Europe Steals Crypto's US Crown?

The state of global cryptocurrency regulation is quickly evolving. Europe is emerging as a global leader, inspired by the new Markets in Crypto-Assets (MiCA) framework. According to Marcin Kowalczyk, an international blockchain regulatory analyst, MiCA’s all-encompassing approach is luring crypto businesses and investments to Europe. This is in sharp contrast...

NFT Sales Dip? Bitcoin & Solana NFTs Buck the Trend!

While the NFT market has been subject to historic booms and equally dramatic busts, new statistics show an unexpected turn. Overall NFT market sales are down, but Bitcoin and Solana NFTs are surging, with Ethereum-based NFT sales on the decline. DeliciousNFT.com is here to break down what's happening and what...