OpenSea pushes SEC to clarify that NFT marketplaces are not exchanges or brokers under …
OpenSea lawyers argued the NFT marketplace does not qualify as an exchange or broker under federal securities laws. Source link
Brokers
Senator Ted Cruz to Challenge IRS Rule on DeFi Brokers – Binance
According to Odaily, U.S. Senator Ted Cruz plans to introduce a Congressional Review Act resolution next week to overturn a...
House Resolution Today Could Overturn Rule That Declares DeFi Projects ‘Brokers’
DeFi advocates claimed reporting required by the IRS broker rule would have pushed DeFi development overseas. Resolutions to overturn the...
Cetera Financial Group unveils policy to allow Bitcoin ETF exposure for RIAs, brokers
Cetera Financial Group has introduced a new initiative aimed at supporting financial advisors with the integration of spot Bitcoin ETFs...
European Brokers Cut Fees on Spot Bitcoin ETFs to Outpace US Providers: FT
According to the Financial Times, European brokers are slashing spot Bitcoin ETF fees after Invesco and WisdomTree reduced theirs by...
BlackRock Names JPMorgan, Jane Street as Bitcoin ETF Brokers
Jane Street, the firm where FTX’s Sam Bankman-Fried learned how to trade, is so far the broker-dealer of choice for...
Interactive Brokers Hong Kong licensed in Hong Kong for retail virtual asset trading
The brokerage firm Interactive Brokers Hong Kong has been licensed for virtual asset trading by retail clients in Hong Kong,...
Crypto advocacy group pushes back against proposed IRS rules on brokers
The Blockchain Association, a United States-based cryptocurrency advocacy group, has submitted a comment letter mainly in opposition to tax regulations...
Treasury’s Plan for Crypto Brokers Threatens the Future of DeFi
The proposed tax regulations on crypto reporting could play the most pivotal role in shaping the future of the crypto...
IRS releases draft of proposed reporting rules for digital asset brokers
The Internal Revenue Service (IRS), the agency responsible for tax collection in the United States, released proposed regulations on the...