The potential repeal of an IRS rule concerning cryptocurrency by President Donald Trump is signaling a significant shift in U.S. crypto regulation. The IRS rule in question requires certain participants in decentralized finance (DeFi) to report gross proceeds from crypto transactions. Industry
The explosion of Dogecoin's value and popularity in recent years has demonstrated the remarkable power of meme coins in the cryptocurrency market. With its roots in a viral internet meme and endorsements from celebrities and influencers, Dogecoin's journey has paved the way for similar
On March 6, 2025, Chairman Tim Scott (R-S.C.) introduced the Financial Integrity and Regulation Management (FIRM) Act, a pivotal piece of legislation poised to eliminate the use of reputational risk in regulatory supervision. By enacting this legislation, the FIRM Act intends to prevent regulators
The landscape of cross-currency payments is rapidly evolving, driven by technological innovation and shifts in the global economic environment. This transformation is reshaping how businesses and financial institutions handle cross-border transactions, highlighting the need to adapt to a more
What Are the Biggest Regulatory Hurdles for Institutional Crypto Investment? Institutional investors face numerous challenges when entering the cryptocurrency market. The evolving regulatory landscape creates significant barriers that must be navigated carefully to ensure compliance and security.
The concept of cryptocurrency, which began with the groundbreaking introduction of Bitcoin, has evolved significantly over the past fifteen years. Initially understood and invested in by only a few individuals, the cryptocurrency space has grown exponentially with the proliferation of numerous
