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Latest from Jesse Hamilton
RFK Jr. Raises Crypto Taxes, Regulation as Issues in Opening Days of 2024 Presidential Race
Democratic presidential candidate Robert Kennedy Jr. is criticizing the White House effort to establish a 30% tax for crypto mining in the U.S.
White House Pushes for Punitive Tax on Crypto Mining
The Biden administration is campaigning for a tax first sought in a recent federal budget proposal, advocating that crypto miners pay an amount equal to 30% of their energy costs.
SEC Chairman Gensler Releases Another Video Dig at Crypto Industry
The regulator made an investor-education video arguing that digital-assets businesses haven't complied with securities laws.
House Republicans Make Case on Stablecoin Bill After Democrats Called for Do-Over
Their latest draft legislation sets up shared federal and state oversight and says stablecoins aren’t securities, but it’s uncertain what bipartisan support the effort will find.
U.S. Sanctions 3 North Koreans for Supporting Hacking Group Known for Crypto Thefts
The three were engaged in crypto activities themselves, and the U.S. Treasury Department says they were tied to the networks of DPRK entities laundering stolen crypto or moving illicit funds for that country.
U.S. SEC Warns Advisers They Need to Know Crypto Before Recommending to Clients
Brokers and investment advisers have to understand crypto and ensure it's in clients’ best interests before pitching investments, the SEC staff said in a bulletin.
Democrats Blast Draft Stablecoin Bill in First 2023 Hearing on Issue
Despite Republican House committee leaders publishing a draft bill and talking about progress, it hasn't been on the bipartisan level required for an eventual law, lawmakers said in a hearing Wednesday.
SEC Lays Its Cards on the Table With Assertion That DeFi Falls Under Securities Rules
Unless Congress legislates otherwise, U.S. oversight will hold most of the crypto world inside the SEC’s jurisdiction as the agency moves to make its reach increasingly explicit.
U.S. SEC Moves Toward DeFi Oversight as It Reopens Proposed Regulations
The Securities and Exchange Commission is confirming crypto industry worries that, yes, the proposal last year to widen its view of securities exchanges will fold in DeFi.
SEC Advisory Group Backs Gensler’s Crypto Efforts but Asks for Industry Guidance
Apart from the Investor Advisory Committee’s request for some formal crypto guidance from the agency, it egged on the SEC chairman’s confrontation with the sector.
