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Latest from Nikhilesh De
State of Crypto: The Crypto Provision in the Infrastructure Bill Now Depends on Non-Crypto Issues
The crypto industry wants to change a tax provision when the House takes up the Senate's infrastructure bill, but other issues may take precedence.
NYDFS Head Lacewell to Depart Agency by Month's End
Linda Lacewell announced a revamp of NYDFS's BitLicense last year.
Pelosi Ally Asks US House Speaker to Modify Crypto Language in Infrastructure Bill
Rep. Anna Eshoo endorsed a compromise amendment intended to narrow the scope of the term "broker" for crypto tax reporting purposes.
Gensler Tells Elizabeth Warren SEC Needs More Authority to Regulate Crypto
Congress should focus on trading, lending and decentralized finance, the securities regulator said.
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.