Internal documents reveal Australia’s potential timeline for crypto legislation: Report

    Internal documents from the Australian Treasury Department have revealed crypto legislation in the country could be a year away at the very least. Crypto legislation in Australia could be dragged out past 2024 and beyond, with the government seemingly wanting to take its time in order to get a full picture of the industry, internal…

    The crypto industry has ‘already started’ moving outside US, says Ripple CEO

    Ripple’s CEO Brad Garlinghouse stated that the SEC’s lawsuit against Ripple is the regulator playing “offense” and “attacking” the industry as a whole, believing it could put the U.S. at “severe risk.” The United States Securities and Exchange Commission’s (SEC) regulation through “enforcement,” as opposed to “doing the work,” is not a “healthy way” to…

    US lawmaker behind crypto mining legislation urges Zuck not to offer metaverse to teenagers

    A letter from two U.S. senators cited reports of Instagram being behind many teenagers experiencing suicidal thoughts, and Meta’s failure to stop harmful ads aimed at young adults. Two United States senators have penned a letter asking Meta CEO Mark Zuckerberg to halt a plan to allow young adults to access the firm’s metaverse platform,…

    U.S. lawmakers argue SEC accounting policy places crypto customers at risk

    While the bulletin was intended to provide clarity regarding the accounting treatment for digital assets, it has been criticized by both lawmakers and regulators. Two United States lawmakers have criticized crypto accounting guidelines outlined by the securities regulator, arguing it places crypto customers at greater risk of loss. The guidelines came from the United States…

    Decentralized finance to be examined at inaugural CFTC tech advisory meeting

    A panel at an upcoming advisory meeting for the financial regulator will “explore issues in decentralized finance.” The United States commodities regulator is set to take a close look at the decentralized finance space at an upcoming meeting of its tech committee, where it has also invited crypto industry executives to present. The Commodities Futures…

    Coinbase launches grassroots campaign for pro-crypto policy in the U.S.

    The company provided a link for voters to sign up so that they can gain information about local politicians’ crypto policies. Coinbase has launched a grassroots political campaign to promote pro-crypto policies, according to a Feb. 28 Twitter thread from the company. The company said that the #Crypto435 campaign is intended to “grow the crypto advocacy community…