In recent developments, Morgan Stanley’s subsidiary, E-Trade, is poised to expand its services to include cryptocurrency trading. As reported by The Information on January 2, this strategic move aims to position itself advantageously within an evolving regulatory landscape. The anticipated shift towards a more accommodating regulatory framework, spurred by the incoming administration of President-elect Donald
Regulation
The IRS has recently introduced a temporary reprieve concerning the cost-basis reporting regulations for cryptocurrencies, a decision that has significant implications for investors in the digital asset space. This move underlines the agency’s recognition of the intricate challenges surrounding crypto taxation, especially in light of rapid market changes and the diversity of investor strategies. By
The advent of the Market in Crypto-Assets (MiCA) regulation marks a groundbreaking transition in the European Union’s approach to digital assets. Following years of deliberations and negotiations, the MiCA framework has evolved into a comprehensive set of regulations that addresses crucial gaps in oversight, significantly influencing how cryptocurrencies and digital tokens are managed within the
As the cryptocurrency market continues to flourish, the United Kingdom finds itself at a crossroads concerning the regulation of crypto advertising. The Financial Conduct Authority (FCA) has been facing an uphill battle with rampant breaches in advertising rules, which raises pressing questions about the efficacy of current legal frameworks. Notably, the FCA issued an alarming
In late December 2023, MoonPay, a prominent player in the cryptocurrency payment solutions sector, announced a significant regulatory achievement: it has received approval to operate under the European Union’s Markets in Crypto-Assets (MiCA) regulation. This momentous occasion, made public in a statement shared with CryptoSlate, solidifies MoonPay’s position as a serious contender in the European
The blockchain landscape has entered a period of unrest as prominent entities within the decentralized finance (DeFi) community, particularly A16z Crypto, voice their formidable opposition against the U.S. government’s newly proposed regulations aimed at digital asset service providers. This tension unfolds within the broader context of the government’s attempts to regulate an industry characterized by
Japan’s Financial Services Authority (FSA) has announced a strategic initiative to bolster internal audit processes within its financial institutions, notably extending its reach to encompass cryptocurrency exchanges. This move signifies a proactive response to perceived deficiencies in compliance and oversight within the industry. The FSA’s commitment to addressing these gaps aligns its audit standards with
The latest set of regulations introduced by the US Department of the Treasury and the Internal Revenue Service (IRS) around digital asset service providers has sparked intense debate among industry experts and stakeholders. The newly released broker rules target various digital financial platforms, especially decentralized finance (DeFi) protocols, mandating them to undertake Know-Your-Customer (KYC) procedures.
The collapse of the Terra USD (UST) stablecoin has sent shockwaves through the cryptocurrency landscape, drawing the scrutiny of regulators, investors, and market watchers alike. The Securities and Exchange Commission (SEC) has recently brought to light serious allegations against Tai Mo Shan Limited, a subsidiary of Jump Crypto, accusing the company of deliberately misleading investors
As the digital currency ecosystem evolves, 2025 is poised to usher in significant changes that could redefine the integration of cryptocurrency with traditional financial systems. A recent market outlook from Coinbase highlights three pivotal trends: the rise of tokenization, a resurgence of decentralized finance (DeFi), and an anticipated shift towards pro-crypto regulations in the United