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.
Janet Yellen added that she planned to encourage the use of digital assets for “legitimate activities.”
“We need to be a leader in FinTech,” said State Senator Mike Flood.
General counsel for Ripple Stu Alderoty predicted Joe Biden’s administration would likely “help level the playing field” for crypto.
The next leader of the U.S. securities regulator seems to be sympathetic to the mission of decentralization.
Janet Yellen claimed many cryptocurrencies are used “mainly for illicit financing.”
The SEC’s incoming chair predicted the crackdown on crypto exchanges over AML concerns back in 2018. See what other insight he had.
Filing 2020 taxes may be slightly less complicated for Coinbase users than it was before.
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.
Brooks considers the migration of the financial system onto the internet “inevitable.”