Janet Yellen Believes Digital Currencies Pose a Threat to the Financial System

Reading Time: < 1 minute During a speech, Yellen highlighted the risks that come with legalizing cryptocurrencies, particularly unsecured tokens

Crypto Transactions Worth More Than $10,000 Must Be Reported to the US IRS

Reading Time: < 1 minute The recently passed infrastructure bill signed by President Joe Biden requires the reporting of digital asset transactions worth more than $10,000 to the IRS.

Crypto Regulation Could Benefit from Milei’s Election as President in Argentina: Experts

Reading Time: < 1 minute The new President of Argentina, Javier Milei, faces the challenge of preventing the FATF from approving “draconian measures.”

Gary Gensler Says Cryptos Can Be Regulated Under Current Legislation

Reading Time: < 1 minute The Securities and Exchange Commission (SEC) has no intentions of abandoning its strict policies on the regulation of cryptocurrencies.

Worldcoin CEO Accuses US Government of War Against Cryptos

Reading Time: < 1 minute Sam Altman, the head of OpenAI and co-founder of Worldcoin, has stated that the US government is aggressively targeting the crypto industry and is attempting to seize control of Bitcoin.

Bernstein Predicts Cryptos Will Be Fully Legalized in Five Years

Reading Time: < 1 minute According to projections from Bernstein, the cryptocurrency market is expected to become legal in most countries around the world within the next five years.

Brazil Will Introduce Stricter Regulation for Digital Currencies

Reading Time: < 1 minute This week, Roberto Campos Neto, the head of Brazil’s Central Bank, appeared before a parliamentary commission on finance and taxation to announce plans to enhance regulations on cryptocurrency fund movements.

The SEC to Tighten Control Over Crypto Exchanges and DeFi

Reading Time: < 1 minute David Hirsch, head of the SEC’s cybersecurity division, has emphasized the regulator’s plans to enforce regulations on DeFi protocols and cryptocurrency exchanges in the near future.

Vitalik Buterin: Hong Kong’s Crypto Policy Is Not Stable

Reading Time: < 1 minute Vitalik Buterin has cautioned blockchain projects that are looking into expanding operations in Hong Kong to consider the region’s political and regulatory stability when it comes to crypto-friendly policies.