EU Implements New Crypto Regulations to Fight Money Laundering
The European Parliament recently endorsed new regulations aimed at combating money laundering within the cryptocurrency sector. These regulations establish specific due diligence requirements for cryptocurrency companies, ensuring rigorous identity checks for customers and obliging them to...
Why Biden’s Proposed 44.6% Capital Gains Tax Might Not Matter
President Biden's plan to introduce a federal capital gains tax of 44.6% seems unlikely to impact the majority of cryptocurrency enthusiasts, say experts in the field of crypto taxation. In what...
Morgan Stanley Reportedly Preparing to Let Brokers Offer Bitcoin ETFs
In an exciting development, Morgan Stanley is reportedly planning to enable its 15,000 brokers to recommend bitcoin exchange-traded funds (ETFs) to their customers. This potential change was detailed in a recent report...
Stablecoins Could See Surge in Banking Sector with New Bill: S&P Global
The introduction of the Lummis-Gillibrand Payment Stablecoin Act to the U.S. Senate might lead major banks to enter the stablecoin market, according to S&P Global Ratings. This bill,...
