Binary trading platforms with better performance and payouts
Policy
In a letter to Deputy Attorney General Todd Blanche on Thursday, the six lawmakers urged him to reconsider his recent decision to disband the DOJ’s crypto enforcement squad.
The successful reversal of the Internal Revenue Service rule marks the first time the industry got a significant pro-crypto effort through Congress.
As part of the settlement agreement, the SEC agreed to drop its claims that three of Nova Labs’ tokens, including the native HNT token, were securities.
The SEC staff statement was based on observations about previous disclosures, the agency said.
Former SEC Commissioner Paul Atkins will be sworn in as the agency’s next chair and will oversee future regulation for the crypto sector.
The regulator had initially postponed a decision back in February but ETF analyst James Seyffart said the approval wasn’t a surprise.
Under a proposal, certain crypto transactions would be taxed at the country’s standard 18% rate, as well as an extra 5% levy to support the country’s war costs.
Hong Kong’s Securities and Futures Commission has given a green light for virtual asset trading platforms (VATPs) and authorized virtual asset funds to offer staking services.
This review is part of efforts to ease regulatory pressure on the digital assets sector and may lead to new regulatory frameworks.
The company was expected to assess the nature of risks prevalent in the services it was offering, the Financial Intelligence Analysis Unit said in a notice.