Every generation gets a chance to upgrade its infrastructure. In the 1990s, it was the internet. Policymakers worried that it would disrupt existing industries and create new risks. But instead of cramming the technology into outdated regulatory boxes, lawmakers established rules that let innovation...
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A proposed rule would expressly fold event contracts tied to sports, politics, culture and weather into the “swap” definition, while an interim rule excludes casino-style...
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The Treasury Department has announced several digital asset seizures related to sanctions on Iran as part of US sanctions.
The agency says existing exchange and trader duties would stay intact, while a separate rule excludes qualifying casino-style wagers.
The agreement resolves a 2023 civil fraud lawsuit against the Celsius founder and permanently bars him from the cryptocurrency, securities and commodities industries.
