New Hampshire’s House and Florida’s House insurance and banking committee have respectively advanced bills allowing their states to create Bitcoin reserves. New Hampshire’s House passed its Bitcoin reserve bill, HB302, in a 192-179 vote on April 10 which will now head to the Senate. The state is now the fourth to pass a Bitcoin (BTC) reserve bill through one chamber,…
Trump just obliterated the IRS’s controversial DeFi reporting mandate, turbocharging crypto innovation and slamming the brakes on overreaching tax surveillance in decentralized finance. Trump Nukes IRS DeFi Rule With Pen Stroke—Crypto’s Future Just Got Rewritten President Donald Trump finalized a significant regulatory rollback Thursday by signing H.J.Res.25 into law at the White House, officially overturning […] Source: https://news.bitcoin.com/massive-win-for-crypto-trump-crushes-irs-rule-threatening-defi-survival/
A tech founder who raised over $40 million pitching a cutting-edge AI shopping app has been charged in the U.S. with fraud after it was revealed the AI powering the app was a call center full of human workers in the Philippines. Albert Saniger, 35, founder and former CEO of “nate,” allegedly misled investors by claiming the company’s e-commerce app…
New Hampshire’s House and Florida’s House insurance and banking committee have respectively advanced bills allowing their states to create Bitcoin reserves. New Hampshire’s House passed its Bitcoin reserve bill, HB302, in a 192-179 vote on April 10 which will now head to the Senate. The state is now the fourth to pass a Bitcoin (BTC) reserve bill through one chamber,…
New York hits Block with a $40 million fine and mandates independent oversight after major compliance failures in Cash App’s bitcoin and fiat transaction monitoring. NY Regulator Unleashes Oversight Blitz on Block After Missed Red Flags and AML Gaps New York State’s Department of Financial Services (DFS) announced on April 10 that Block Inc. will […] Source: https://news.bitcoin.com/block-fined-40m-over-cash-apps-crypto-compliance-failures-and-169k-ignored-alerts/
Ross Ulbricht, the founder of Silk Road, will make his first public appearance since his release from prison earlier this year, speaking at the Bitcoin Conference in Las Vegas from May 27 to 29. The news, announced by Ulbricht on X on April 10, follows a presidential pardon by Donald Trump in January that saw the end of his incarceration. …
In its first 2025 market structure hearing, Congress moved to overhaul securities laws, aiming to rein in SEC overreach and unleash a new era of U.S. crypto innovation. Congressional Hearing Sounds Alarm on SEC Overreach and Crypto Exodus U.S. lawmakers gathered in Washington on April 9 as the Subcommittee on Digital Assets, Financial Technology, and […] Source: https://news.bitcoin.com/us-lawmakers-push-for-crypto-clarity-with-urgent-call-to-overhaul-securities-laws/
The SEC has dismissed its lawsuit against Nova Labs, the company behind Helium Network, establishing that the project’s tokens and hotspot devices connected to its blockchain aren’t securities. With the dismissal, the SEC establishes that “selling hardware and distributing tokens for network growth does not automatically make them securities,” Helium wrote Thursday The SEC’s decision sets a precedent and potentially…
US Securities and Exchange Commission staff have given guidance on how federal securities laws could apply to crypto, saying companies issuing or dealing with tokens that could be securities should give better details about their business. The SEC’s Division of Corporation Finance said in a staff statement on April 10 that it was giving its views “to provide greater clarity…
Bitcoin is poised for a major surge as escalating U.S.-China tensions, rising tariffs, and dwindling trust in U.S. debt send investors searching for alternatives. Samson Mow Expects Bitcoin to Go ‘Much Higher’ Bitcoin advocate Samson Mow, who serves as chief executive officer of the bitcoin infrastructure firm JAN3, commented on social media platform X this […] Source: https://news.bitcoin.com/samson-mow-sees-bitcoin-surging-as-tariffs-rates-capital-flight-all-hit-at-once/
