Officials with the United States Financial Stability Oversight Council, or FSOC, have recommended U.S. lawmakers pass legislation aimed at addressing regulatory gaps…
The Bank for International Settlements' (BIS) Basel Committee on Banking Supervision has finalized a proposed policy that would place a 2% limit on banks' Tier 1…
Presently Japanese crypto firms pay a set 30% corporate tax rate on their holdings, regardless of whether or not they made a profit. Due to this stringent tax law…
Mikhail Makarov/iStock via Getty Images Following a tumultuous year in cryptocurrency markets, the Biden administration recommended that Congress enact…
The New York State Department of Financial Services (DFS) has handed out guidance to regulated banks that wish to engage in activities related to cryptocurrencies.…
The classification conditions the committee have set out include ensuring crypto passes a redemption risk test and basis risk test. "The redemption risk test is to…
Just last month, Changpeng Zhao looked like the undisputed king of crypto. The upstart exchange FTX had spectacularly imploded in early November, and Zhao, the CEO…
Fmr. SEC Senior Trial Counsel Howard Fischer joins Yahoo Finance Live to discuss regulatory considerations for reining in the crypto industry.Video TranscriptAKIKO…
Join Our Telegram channel to stay up to date on breaking news coverageSince its initial release, Snowfall Protocol (SNW) has created a substantial buzz in the…