Per the latest in lobbying disclosures, Ripple Labs shelled out for its lobbying on legislation looking to change the treatment of crypto under securities laws.
Category: US government
Treasury Secretary nominee says crypto has potential to improve the financial system
Janet Yellen added that she planned to encourage the use of digital assets for “legitimate activities.”
Nebraska senator introduces bills to allow state banks to custody crypto
“We need to be a leader in FinTech,” said State Senator Mike Flood.
Ripple pins hopes on Biden administration as co-founder sells 28.6M XRP
General counsel for Ripple Stu Alderoty predicted Joe Biden’s administration would likely “help level the playing field” for crypto.
Decentralization in the centers of power: Learn crypto from Biden’s SEC chair pick, part 3/3
The next leader of the U.S. securities regulator seems to be sympathetic to the mission of decentralization.
Biden’s Treasury Secretary nominee calls cryptocurrencies a ‘particular concern’ for AML
Janet Yellen claimed many cryptocurrencies are used “mainly for illicit financing.”
How to regulate exchanges: Learn crypto from Biden’s SEC chair pick, part 2/3
The SEC’s incoming chair predicted the crackdown on crypto exchanges over AML concerns back in 2018. See what other insight he had.
Coinbase users can now report their crypto taxes using CoinTracker
Filing 2020 taxes may be slightly less complicated for Coinbase users than it was before.
Treasury backs down: Crypto monitoring rule will wait until new administration
This is a big win for the crypto industry today, which was unanimous in opposition to a new anti-money laundering rule that many saw as rushed and draconian.
An online future for finance is inevitable, says OCC’s Brooks
Brooks considers the migration of the financial system onto the internet “inevitable.”