US Senate Votes in Favour of Repealing Controversial DeFi Broker Rule
On March 26, the US Senate voted 70-28 to overturn the contentious DeFi broker rule, which sought to broaden tax reporting requirements for businesses in the sector.
SEC Ends Investigation into Immutable
The US Securities and Exchange Commission (SEC) has ended its investigation into the Web3 gaming platform Immutable and will not pursue enforcement charges, as announced by the company on Tuesday.
Kraken to Close Deal for Offering Futures Trading in US
Kraken is nearing a $1.5 billion acquisition of trading platform NinjaTrader, significantly boosting its presence in the US derivatives market.
CFTC Charges Crypto Platform Debiex With Fraud
The US Commodity Futures Trading Commission (CFTC) is taking legal action against a “bogus” crypto exchange accused of defrauding investors through a pig-butchering scheme.
CZ Denies Trump Family Acquired Stake in Binance.US
Binance founder Changpeng “CZ” Zhao has denied involvement in any deal with the Trump family for a stake in Binance US or seeking a presidential pardon.
Nebraska Introduces New Rules for Crypto ATMs
The new “Controllable Electronic Record Fraud Prevention Act” introduces stricter licensing and reporting requirements for crypto ATM operators.
US House Votes to Overturn IRS DeFi Broker Rule
US lawmakers have voted to overturn the IRS’s controversial rule that would have required decentralized finance platforms to report user transactions.
