State of Crypto: What the Crypto World Should Watch for in the Biden Era

The incoming president has already announced he would tap pro-crypto, pro-regulation Gary Gensler to lead the SEC, but a number of other names and issues remain outstanding.

DC Magistrate Judge Calls Unhosted Wallet ‘Horror Story’ a ‘Fiction’

“Indeed, cash poses a greater challenge to law enforcement than cryptocurrency in unhosted wallets," wrote Magistrate Judge Zia Faruqui in an opinion on a forfeiture case.

FinCEN’s Crypto Surveillance Rule Violates the US Constitution

Proposals requiring crypto companies to report transactions amount to "mass surveillance" and flout the Fourth Amendment.

FinCEN’s Crypto Rules Aren’t as Unfair as Jack Dorsey Says

Crypto companies complain about FinCEN's new "unhosted wallets" proposal. But the rules aren't unreasonable, says our columnist.

65K Comments and Counting: Crypto Industry Fights ‘Arbitrary’ Treasury Rule

The crypto industry says a proposed rule to collect personal data from private wallet transactions is being rushed, might be challenged in court and could be difficult to implement.

Twitter chief Jack Dorsey weighs in on FinCEN regulations

The Twitter and Square chief executive has given his views on the proposed FinCEN…

The post Twitter chief Jack Dorsey weighs in on FinCEN regulations appeared first on Coin Journal.

Square’s Jack Dorsey Hits Out at FinCEN’s ‘Burdensome’ Proposed Crypto Wallet Rules

"The burdensome information collection and reporting requirements deprive U.S. companies like Square of the chance to compete on a level playing field," Dorsey said.

US Citizens Would Have to Disclose Offshore Crypto Holdings of $10K+ Under FinCEN Proposal

The Financial Crimes Enforcement Network wants U.S. persons who hold crypto in offshore accounts to report holdings over $10,000.

Proposed FinCen Rule on Crypto Wallets Would Likely Be Ineffective, Elliptic Says

In its public response to the US Treasury Department’s proposed rule, the blockchain analytics firm has argued that they are likely to be ineffective and counterproductive.

Presidential Advisory Group Weighs In on Regulatory Approach to Stablecoins

Stablecoins should meet the same regulatory standards as other financial instruments, Trump’s Working Group on Financial Markets said.