“SAB 121 effectively precludes regulated banking organizations from offering digital asset custody at scale since it treats the assets as if they are owned rather than simply custodied by a banking organization,” according to a […]
McHenry, who has been wrangling the crypto legislation in the House, argued that the outcome is assured by the massive level of bipartisan backing last week for his Financial Innovation and Technology for the 21st […]
For too long, the regulatory landscape for digital assets in the United States has been an untenable, muddled mess. Different federal agencies have asserted conflicting jurisdiction, creating confusion and uncertainty in the marketplace. Meanwhile, the […]
Unfortunately however, the legislative measure is now heading to the desk of President Joseph Biden, who has vowed to veto it in a show of solidarity with the SEC. Although a number of high profile […]
Rep. Torres (D-N.Y.) requested investigations into the SEC granting a special purpose broker-dealer (SPBD) licence to Prometheum, “a trading digital assets platform that does not trade digital assets,” under unusual circumstances, and for its failure […]
United States Congressmen Warren Davidson and Mike Flood have written a letter to the chair of the Council of Economic Advisers (CEA) demanding an explanation for a chapter the agency prepared for the “Economic Report […]
Copyright © 2025 | MH Magazine WordPress Theme by MH Themes
You may also be interested in these posts:
