U.S. regulators update stablecoin guidance to allow national trust banks as issuers, expanding eligible collateral for futures brokers.
The issue was how cryptocurrency income is classified for tax purposes. The framework holds that transfers fall under a dedicated VDA regime with a flat rate and strict loss ...
The CFTC expanded its stablecoin definition to include banks, as tensions between banks and the crypto lobby intensified ahead of the CLARITY Act markup.