Kristin Smith News
23.04 / 19:59
Blockchain
Digital
SEC
security
crypto regulation
Freedom
innovations
SEC Sued by Crypto Industry Groups Over Definition of ‘Dealer’ in Securities
The Blockchain Association and the Crypto Freedom Alliance of Texas (CFAT) have taken legal action against the United States Securities and Exchange Commission (SEC), filing a lawsuit in the Northern District of Texas.
07.05 / 23:39
Election
Crypto Is A Key Issue For 1 in 5 Voters In The 2024 US Elections, Digital Currency Group Says
One in five voters in key states believe that cryptocurrencies are a critical issue in the 2024 US elections amidst Donald Trump and Joe Biden’s race for the presidency, according to Digital Currency Group (DCG) Tuesday report.
07.12 / 19:47
Digital
CEO
Bill
President
voice
innovations
committee
House Committee Unanimously Passes Pro-Blockchain Bill
The House Committee on Energy has voted unanimously to approve a new piece of legislation entitled the “Deploying American Blockchains Act.”
05.12 / 17:01
Blockchain
Binance
CEO
coinbase
Bill
Crypto Lobbying
Cryptocurrency Industry Spends Record $18.96 Million in Federal Lobbying So Far in 2023
The cryptocurrency industry has spent a staggering $18.96 million in federal lobbying in the first three quarters of 2023.
22.11 / 20:06
Blockchain
Binance
Digital
CEO
cover
innovations
reports
Blockchain Association Releases 2023 Annual Report
The Blockchain Association released its annual report on Wednesday, November 22nd, showcasing the challenges and highlights faced by the crypto sector this year.
13.11 / 23:29
regulation
IRS
Taxes
Crypto advocacy group pushes back against proposed IRS rules on brokers
The Blockchain Association, a United States-based cryptocurrency advocacy group, has submitted a comment letter mainly in opposition to tax regulations proposed by the Internal Revenue Service (IRS).
25.10 / 08:41
regulation
IRS
Taxes
IRS extends comments period for new crypto tax rule to mid-November
The United States Internal Revenue Service (IRS) has extended the commentaries period for crypto tax reporting rules proposed in August 2023. The public consultation will last until Nov. 13.
21.09 / 13:27
SEC
coinbase
Regulations
Coinbase's Chief Legal Officer Stays Optimistic Amid SEC Battles – Here's Why
Coinbase's Chief Legal Officer is remarkably optimistic despite two ongoing battles with the Securities and Exchange Commission (SEC).
28.08 / 21:33
regulation
SEC
security
Gemini
IRS
Taxes
New tax rules for crypto in the US: Law Decoded
The United States Internal Revenue Service (IRS), which is responsible for tax collection in the United States, has released proposed regulations on the sale and exchange of digital assets by brokers. Under the rules, brokers would be required to use a new form to simplify tax filings and cut down on tax cheating. According to the U.S. Treasury, the regulations bring digital asset reporting into line with reporting on other types of assets.
25.08 / 17:17
regulation
IRS
Taxes
Digital Asset
IRS releases draft of proposed reporting rules for digital asset brokers
The United States Internal Revenue Service (IRS), the agency responsible for tax collection, released proposed regulations on the sale and exchange of digital assets by brokers. Under the rules, brokers would be required to use a new form to report to simplify tax filing and cut down on tax cheating.
26.07 / 15:55
Blockchain
Provident
Digital
Waters
SEC
CEO
Patrick
committee
Crypto bills to face congressional committee vote
congressional committee is set to vote this week on several bills that would develop a regulatory framework for cryptocurrencies, a milestone for Capitol Hill in its efforts to codify federal oversight for the digital asset industry. The crypto industry has been in the regulatory crosshairs since investors were burned last year by sudden collapses of Celsius Network, Voyager Digital, FTX and other companies.
26.07 / 04:43
Blockchain
Provident
Digital
Waters
SEC
CEO
committee
US congressional committee set to weigh crypto bills
regulatory framework for cryptocurrencies, a milestone for Capitol Hill in its efforts to codify federal oversight for the digital asset industry. The crypto industry has been in the regulatory crosshairs since investors were burned last year by sudden collapses of Celsius Network, Voyager Digital, FTX and other companies.
24.07 / 20:35
ETF
CFTC
regulation
SEC
white house
Congress
Senate
Two more crypto bills in the US: Law Decoded, July 17–24
Last week was marked by two new legislative initiatives for the crypto industry in the United States. Senator Jack Reed sponsored a bipartisan bill that would tighten Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations and sanctions requirements for decentralized finance (DeFi). The bill would subject DeFi operations to the same requirements as “other financial companies, including centralized crypto trading platforms, casinos, and even pawn shops.”
08.06 / 18:33
markets
Binance
DEX
SEC
coinbase
Senate
Bitcoin
Bitcoin rebound falters amid SEC crackdown on exchanges, raising chance of a BTC price capitulation
Bitcoin’s price lost steam after a failed retest of the $27,400 resistance on June 6, signaling that investors became less confident after the recent regulatory actions by the United States Securities and Exchange Commission (SEC) against Binance and Coinbase. Both exchanges are being sued on multiple counts, including failure to register as licensed brokers and offering unregistered securities.
07.06 / 11:03
Binance
regulation
SEC
coinbase
sec lawsuit
SEC lawsuit against Binance and Coinbase unifies the crypto industry
Professionals from various parts of the crypto sector have responded to the United States Securities and Exchange Commission’s (SEC) recent actions against some of the biggest crypto exchanges, Binance and Coinbase.
02.06 / 20:35
defi
Treasury
Tornado Cash
Support
Blockchain Association Files Amicus Brief To Support Coin Center’s Lawsuit Over Tornado Cash Sanctions
Washington DC-based Blockchain Association filed an amicus brief in support of crypto think tank Coin Center’s lawsuit against the US Treasury Department over its sanctions against Tornado Cash.
03.05 / 19:53
Policy
Crypto Policy
Blockchain Association Packs Up Out of NY To Focus on Federal Crypto Policy
The Blockchain Association is moving out of New York.
22.03 / 08:35
Blockchain
Adoption
economy
Report
economics
white house
Bitcoin
‘Crypto FUD’ — Industry outraged as White House report slams crypto
Crypto executives have expressed irritation over the latest White House economic report — which notably features an entire chapter dedicated to casting doubts on the merit of digital assets.
16.03 / 20:05
regulation
Banks
Federal Reserve
Blockchain Association seeks info from Fed, FDIC, and OCC on 'de-banking' crypto firms
The United States-based crypto advocacy group Blockchain Association called on financial regulators to provide information related to the potential “de-banking of crypto firms” in the wake of the failures of banks including Signature, Silicon Valley Bank, and Silvergate.
22.02 / 15:39
Blockchain
Extreme
SEC
CEO
Remark
Enterprise
Kraken
U.S. crypto regulations underway ‘behind closed doors’: Blockchain Association CEO
Blockchain Association CEO Kristin Smith said in a Feb. 22 Bloomberg interview that despite the process being “extremely long” and regulators “stepping in” in the interim, the sector wants U.S. lawmakers to lead crypto legislation.
22.02 / 10:19
Stablecoin
Adoption
SEC
Bloomberg
Congress
Us Crypto Regulation
US crypto regulation happening ‘behind closed doors’ – Blockchain Association CEO
The United States Congress needs to take control of crypto legislation to make it a more “open process” where the entire marketplace is looked over “comprehensively,” suggests the chief of the prominent U.S. crypto industry body.
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