White House Urges Bank Secrecy Act Clarity for Non-Custodial Software
The Administration recommends clarifying the BSA to exempt non-custodial software providers, structurally limiting FinCEN's money transmitter jurisdiction.
Congress Nullifies IRS Crypto Broker Rule Blocking New DeFi Reporting Mandates
The Congressional Review Act nullification of the expanded broker rule permanently removes non-custodial entities from immediate, onerous 1099-B tax reporting obligations.
SEC and CFTC Announce Joint Strategy to Harmonize Crypto Regulation and End Enforcement
The shift to inter-agency harmonization mandates that firms immediately pivot compliance resources from litigation defense to proactive, coordinated policy engagement.
President Pardons Binance Founder, Signals US Crypto Enforcement Policy Shift
The Executive action resets the high-water mark for compliance risk, shifting the focus from criminal prosecution to forward-looking regulatory clarity.
