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US Federal Reserve Board Issues Policy Statement That Limits Banks’ Crypto Related Activities – Regulation Bitcoin News
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US Federal Reserve Board Issues Policy Statement That Limits Banks’ Crypto Related Activities – Regulation Bitcoin News

The United States Federal Reserve Board said on Jan. 27 that both insured and uninsured banks will be subjected to limits on certain activities including those that are associated with crypto assets. The board’s latest action does not preclude a state member bank or prospective applicant from providing crypto-assets safekeeping services. Limiting Regulatory Arbitrage The...

FTX Co-Founder Sam Bankman-Fried Seeks Removal of Bail Restrictions on Crypto Asset Transfers – Bitcoin News
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FTX Co-Founder Sam Bankman-Fried Seeks Removal of Bail Restrictions on Crypto Asset Transfers – Bitcoin News

Sam Bankman-Fried, the disgraced co-founder of FTX, is seeking access to crypto assets associated with FTX and Alameda Research, according to a letter written by his attorney, Mark Cohen. Cohen insists that the existing bail conditions “related to crypto asset transfers should be removed.” Bankman-Fried’s Legal Team Argues for Removal of 2 Bail Conditions In...

Crypto Trader Identifies a Change in the Altcoin Market Trend By CoinEdition
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Crypto Trader Identifies a Change in the Altcoin Market Trend By CoinEdition

Crypto Trader Identifies a Change in the Altcoin Market Trend Pentoshi says that altcoins behave in a different way from a few months ago. He regrets missed opportunities based on unfilled preset orders. In the past, the same orders would have been filled, even after 48 hours. A crypto trader and influencer with the identity...

IRS reminds taxpayers of crypto income reporting ahead of 2022 filing By Cointelegraph
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IRS reminds taxpayers of crypto income reporting ahead of 2022 filing By Cointelegraph

With the deadline approaching for filing the 2022 federal income tax return, the Internal Revenue Service (IRS) — an enforcement agency of United States federal tax laws — released a list of reporting requirements for the general public dealing with cryptocurrencies. Until 2021, the IRS used the term “virtual currencies” in income tax-related reporting forms,...

Crypto Banter Alleges Price Manipulation by APTOS Developers By CoinEdition
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Crypto Banter Alleges Price Manipulation by APTOS Developers By CoinEdition

Crypto Banter Alleges Price Manipulation by APTOS Developers Ran Neuner identified large APTOS transactions from the dev team into Binance exchange. He suspects the transactions could be aimed at manipulating the price of APTOS. A user asked if the transactions could possibly be for providing liquidity. Ran Neuner, the founder of Crypto Banter, has alleged...

Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go – Bitcoin News
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Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go – Bitcoin News

The crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports published on Friday. Matrixport’s COO, Cynthia Wu, cited a “shift in the regulatory climate” and “industry-wide capitulations” as reasons for the layoffs. Matrixport Lays Off 10% of Staff as Crypto Winter Continues Jihan...

US Lawmaker Outlines Priorities to Regulate Crypto and Make America the Place for Blockchain Innovation – Regulation Bitcoin News
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US Lawmaker Outlines Priorities to Regulate Crypto and Make America the Place for Blockchain Innovation – Regulation Bitcoin News

The chairman of a newly formed digital assets committee, U.S. Congressman French Hill, has outlined some priorities to regulate the crypto sector and ensure America is the place for fintech and blockchain innovation. “We want a regulatory framework that’s transparent for developers, investors, and potential consumers,” the lawmaker emphasized. US Lawmaker Shares Priorities on Crypto...

UK’s FCA hints at why it’s only given 15% of crypto firms the regulatory nod By Cointelegraph
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UK’s FCA hints at why it’s only given 15% of crypto firms the regulatory nod By Cointelegraph

Despite the plans to turn the region into a bustling crypto hub, the United Kingdom’s financial watchdog says it has given the all-clear to only 41 out of 300 crypto firm applications seeking regulatory approval to date. The U.K. Financial Conduct Authority (FCA) implemented the new cryptocurrency-focused regulations on Jan. 10, 2020, to supervise businesses...

SEC Commissioner Calls for ‘Consistent Legal Framework’ for All Asset Classes, Including Crypto – Regulation Bitcoin News
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SEC Commissioner Calls for ‘Consistent Legal Framework’ for All Asset Classes, Including Crypto – Regulation Bitcoin News

A commissioner with the U.S. Securities and Exchange Commission (SEC) has called for “a coherent and consistent legal framework that works across all asset classes,” including crypto assets. She warned that the SEC’s current enforcement-centric approach would take 400 years to go through all the crypto tokens that are allegedly securities. SEC’s Commissioner on Crypto...