In yet another blow to the cryptocurrency industry, the US Treasury has revealed plans to mandate the reporting of crypto holdings over $10K held with foreign digital currency service providers. FinCEN, an arm of the Treasury Department that oversees domestic…
In a bid to provide regulatory clarity to issuers and buyers of distributed ledger technology (DLT) based virtual currencies in the area, Wyoming, Colorado, and Montana states have taken the bold step to draft bills pertaining to the use of…
In a press release from the Department of Financial Services (DFS), published July 23, 2019, superintendent Linda A. Lacewell announced a new Research and Innovation division as well as appointments for the new division to position DFS as a “regulator…
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