Although President Trump is still contesting the U.S. election, Joe Biden is moving forward with onboarding Gary Gensler, a crypto-savvy, former Wall Street veteran, as the head of the financial policy transition team. Find out how Gensler may influence the crypto sector and what his current opinions are on crypto.
While other countries continue to embrace crypto, government agencies in the United States are still trying to agree on how to regulate the sector. See why the CFTC Chairman is cautioning U.S. regulators against prescriptive rules, and what framework he has in mind for the industry.
Findings from a recent study from the Bank for International Settlements reveal that crypto markets react positively to clear regulations. What are these “clear regulations” that are fueling crypto prices, and what might this mean for the future of the industry? Find out here.
After much debate on drafting a fair set of rules for crypto taxation, Congress has finally proposed a new bill that may prove to be a boon for the industry. See how they plan to shake up future tax seasons for crypto users.