Global crypto regulation updates, enforcement actions, and compliance developments.
The new Digital Asset PARITY Act draft would extend wash-sale rules to digital assets while shielding certain regulated payment stablecoins from routine gain-or-loss recognition.
The protocol was the second-fastest to reach $100 million in revenue, but its main product is still in a regulatory gray area in the US.
SEC's Hester Peirce said the potential of tokenization is enchanting, but it can't magically transform the nature of the underlying asset.
