FDIC Changes Major Rule to Prevent Crypto Debanking
The FDIC removed its reputational risk criteria in evaluating bank supervision, a key tool that drove crypto debanking efforts. Crypto...
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Senate Overturns IRS DeFi Reporting Rule
The Senate has decided to reverse a divisive Internal Revenue Service (IRS) rule that would have compelled distributed finance (DeFi)...
SEC weighs changes to crypto custody rule for investment advisors
The US Securities and Exchange Commission (SEC) is reconsidering a proposed rule imposing stricter custody requirements on investment advisers holding...
US House Rejects IRS DeFi Broker Rule, Solana Vows to Keep 80% Inflation Rate
In a significant development, the U.S. House has voted against the IRS's proposed DeFi broker rule, which would have required...
House debates overturning IRS crypto exchange rule
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. It’s a busy day in the House...
In Bipartisan Maneuver, House Votes To Repeal Biden-Era Cryptocurrency Rule
The House of Representatives has voted to repeal a Biden-era rule focused on decentralized finance—or DeFi.getty The House of Representatives...
House overturns IRS DeFi broker rule with bipartisan resolution
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. House representatives voted yesterday to overturn the...
U.S. House votes ‘292-132’ to overturn IRS DeFi rule – Details here
The House and Senate voted to repeal the IRS DeFi Broker Rule. The repeal would reduce compliance burdens and boost...
Why the US House of Representatives repealed the IRS's controversial DeFi broker rule
The US Congress moves to repeal the IRS DeFi broker rule, a controversial regulation requiring DeFi platforms to report user...
House votes to nullify IRS DeFi broker rule as Financial Services Committee deliberates on stablecoin framework
The US House of Representatives voted to overrule the IRS DeFi broker rule. The rule aimed to term DeFi platforms...