Author: American Coins & Gold

IRS Proposed Rule on Digital Asset Broker Reporting Could Kill Crypto in America
The proposal creates unworkable requirements for decentralized finance in the U.S. and serves as an important cautionary tale.

Kraken Pushes Forward on Expansion in Spain, Ireland With Key Regulatory Steps
Kraken obtained a registration from Spain’s central bank, while its Irish subsidiary secured a license.

Chase UK to Block Crypto Payments Citing Fraud, Scams
Starting Oct. 16, the bank will decline customer attempts to make payments related to crypto assets.

Chase U.K. to Block Crypto Payments Citing Fraud, Scams
Starting Oct. 16, the bank will decline customer attempts to make payments related to crypto assets.

First Mover Americas: Coinbase Registers With Central Bank of Spain
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 26, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Market Maker KeyRock Secures Swiss Anti-Money Laundering Clearance
The Brussels-based crypto firm joins the likes of BitGo in being approved by standards body VQF.

Taiwan Issues Crypto Guidance as It Steps Up Regulation
The guiding principles focus on customer protection and includes requirements to custody client funds separately from company assets.

Overcrowded, No Heat, Little Light: Inside SBF's Prison Digs
Former FTX CEO Sam Bankman-Fried has traded his palatial Bahamas bunker for a bunk bed as he transitions from luxe to lockup.

Ethereum Staking in 2023: A Year of Growth and Transformation
Ethereum staking saw strong demand from institutions following the Merge. Even if the adoption rate slows down in a few months, its future looks promising, say Vivek Chauhan and David Lawant, of FalconX.

Binance Restarts in Belgium Three Months After Order to Stop
In June the exchange was ordered by the Financial Services and Markets Authority to stop serving Belgium clients.