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 group argued that these federal policies have restricted traditional financial institutions like banks from engaging with digital assets and hampered innovation in the US financial industry.
The meetings revolved around crypto regulation aspects, such as defining a taxonomy for digital assets and regulating staking for ETPs.
