Trump’s Executive Order May Disrupt Bitcoin’s 4-Year Cycle: Bitwise CIO
Trump’s recent executive order and the changing regulatory landscape in the United States may have the potential to disrupt Bitcoin’s typical four-year cycle.
KuCoin Pleads Guilty to Operating an Unlicensed Money Transmitting Business
The United States Attorney’s Office for the Southern District of New York announced in a release on Monday that KuCoin has pleaded guilty to one count of operating an unlicensed money transmitting business and will pay penalties totaling more than $297 million.
SEC Partially Wins in Case Against Kraken
The US Securities and Exchange Commission has been successful in dismissing some of Kraken’s defenses.
Trump Signs an Executive Order Creating a Cryptocurrency Task Force
President Donald Trump yesterday signed a new executive order which aims to support the growth of the digital asset industry in the United States.
SEC Revokes SAB 121 Crypto Accounting Bulletin
The SEC has announced a new guideline called Staff Accounting Bulletin No. 122, which replaces and cancels the previous guidance under Staff Accounting Bulletin No. 121.
Coinbase Wants Court to Rule Crypto Trades Are Not Securities
Coinbase has submitted a formal request to the US Second Circuit Court of Appeals to seek clarification on whether cryptocurrency should be subject to federal securities laws.
SEC Announces a Crypto Task Force
On Tuesday, the Trump administration took steps towards making it easier for cryptocurrency to thrive by launching a “crypto task force.”
