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Latest from Nikhilesh De
BitMEX Announces $100M CFTC, FinCEN Settlement
BitMEX will pay a $100 million penalty to resolve the charges, the firm announced in a blog post.
US Senate Sends Infrastructure Bill to House
The bill contains a broad definition of "broker" for crypto tax reporting requirements that lawmakers and industry advocates sought to change over the past week.
State of Crypto: What Just Happened in the US Senate?
After all the drama of the past week, the industry is right where it was eight days ago.
Lone Senator Rejects Crypto Compromise in Infrastructure Bill
The compromise needed unanimous consent – meaning no objections – to pass.
Senate Advances Infrastructure Bill Without Amending Crypto Provision
The Senate could still adopt an amendment to the crypto provision through unanimous consent, but it would require every senator to agree.
Senate's Infrastructure Bill: What to Expect on Saturday
A handful of lawmakers have expressed support for the Wyden/Toomey/Lummis amendment to the crypto provision.
Sen. Portman Announces Support for Narrowed Crypto Tax Rule
Sen. Rob Portman is believed to have authored the original crypto tax reporting provision with support from the Biden administration.
Crypto Tax Exemptions Floated for $1T US Senate Bill
The carve-out would allow for miners, developers and node operators to be exempt from broker tax reporting purposes.
SEC Chairman Gensler Agrees With Predecessor: 'Every ICO Is a Security'
Gensler said he believes crypto trading platforms might already have securities listed.
State of Crypto: Infrastructure Bill Shows Congress Sees Crypto as Here to Stay
Congress's infrastructure bill may not be great for the U.S. crypto sector, but that there's a tax provision at all shows lawmakers recognize the industry's permanence.
