Eric Trump, US President Donald Trump’s son and executive vice president of the Trump Organization, has reportedly confirmed the President’s proposed capital gains tax (CGT) exemption for US-based cryptocurrency projects…
The executive order mandates the heads of the Treasury, the Department of Justice, the SEC, and other relevant agencies in the Working Group to identify relevant regulations, guidance documents, and…
by Jude Ayua
Bank of America CEO Brian Moynihan stated in a recent interview with CNBC that the US banking sector would adopt cryptocurrencies for payments if regulators permit it.…
The US SEC noted the task force will collaborate with its staff, drawing from talent across the agency, and the public to guide the SEC on “a regulatory path that…
US President Trump signed a new executive order on 23 January 2025, titled “Strengthening American Leadership in Digital Financial Technology.” The executive order outlines the US government’s approach to digital…
Trump’s new executive order positions the US as a leader in digital financial technology, giving wider opportunities for digital asset adoption in the country. The order bans central bank digital…
by Jude Ayua
The US Court of Appeals for the Third Circuit, on 13 January 2025, ruled against the US SEC’s denial of Coinbase’s request for specific digital asset regulations.
“We will…
The IMF report finds that Kenya lacks crypto-specific regulations, as existing frameworks under the CMA Act and CBK Act provide limited applicability, which led to market uncertainty and regulatory gaps.…
One of the most egregious triggers for account restrictions is the failure to meet KYC requirements, particularly the “proof of funds” provision. While KYC is a critical component of anti-money laundering (AML)…
The Federal Reserve Board announced Barr’s resignation on 6 January, but will continue to serve as Board Governor. The Fed’s announcement mentioned that Barr submitted his resignation letter to President…