Tag: Regulation

Regulation refers to a set of rules, laws, and directives established by an authority, typically a government or a specialized agency, to control or guide the behavior of individuals, organizations, or industries. The primary aim of regulation is to achieve specific public policy objectives, such as protecting public health and safety, safeguarding the environment, ensuring fair competition, maintaining economic stability, or protecting consumer rights.

Regulations can take various forms, including economic regulations (e.g., controlling pricing or market entry), social regulations (e.g., workplace safety standards, environmental protection), and financial regulations (e.g., oversight of banks and investment firms). While often viewed as a burden on businesses due to compliance costs, regulations are also critical for preventing market failures, addressing externalities, and promoting accountability. They create a framework for orderly operation, foster trust, and can even spur innovation by setting new industry standards or encouraging the adoption of sustainable practices. The ongoing debate surrounding regulation often centers on finding the optimal balance between achieving societal goals and minimizing potential negative impacts on economic growth and individual freedom.

Tax Preparer Accused of Claiming Losses on Crypto Assets Never Owned

A Connecticut tax preparer allegedly reported phantom cryptocurrency losses for clients who…

Hardik Z.

OCC Waiver Rule Signals New Compliance Pressure for Stablecoin Issuers

Discretionary relief must be granted to existing US issuers awaiting OCC approval…

Hardik Z.

US Congress Targets Easier Crypto Use and an Extra $500M in Tax Revenue

The proposed legislation would apply wash sale rules to digital assets while…

Hardik Z.

Kyrgyzstan Central Bank Selects CertiK for CBDC Oversight

The Kyrgyz central bank has partnered with blockchain security firm CertiK to…

Hardik Z.

Chainalysis Puts Taxable Crypto Activity at $457B, Says CARF Misses Most

The blockchain analytics firm said only 14% of the onchain activity it…

Hardik Z.

Trump pushes for CLARITY Act passage alongside crypto leaders

Donald Trump addressed the issue from the White House on Wednesday, calling…

Hardik Z.

OCC Approves Trust Charter for Trump Family Crypto Company

The US financial regulator granted conditional approval for World Liberty Financial’s charter…

Hardik Z.

CFTC Uses Emergency Powers to Keep Kalshi Operating in New York

The order intensifies the jurisdictional dispute over whether federally regulated event contracts…

Hardik Z.

Crypto PACs Pour $1.5M Into Three State Races After Primary Defeat

The Defend American Jobs and Protect Progress PACs reported spending more than…

Hardik Z.

House Approves Bill to Curb Insider Trading by Lawmakers

According to Senator Elizabeth Warren, the House bill “won’t solve the problem”…

Hardik Z.