DSG Crypto Regulatory Roundup: August 2024
DSG CRYPTO REGULATORY ROUNDUP: AUGUST 2024 International Bodies South Korean Crypto Exchanges Face Unexpected Supervisory Fees: Major South Korean cryptocurrency operators such as Upbit, Bithumb, and Coinone will now be required to pay a supervisory fee as part of the newly enforced Virtual Asset User Protection Act. The Financial Services …
Read MoreSenate Banking Subcommittee Hearing
SENATE BANKING SUBCOMMITTEE HEARING OVERVIEW For questions on the note below, please contact Scott Parsons, Kevin Batteh, or Edmund Perry. On July 30, the Senate Committee on Banking, Housing, and Urban Affairs Subcommittee on Economic Policy held a hearing entitled “Banning Noncompete Agreements: Benefits for Workers, Businesses, and the Economy.” The witnesses in …
Read MoreDSG Crypto Regulatory Roundup: July 2024
DSG Crypto Regulatory Roundup: July 2024 International Bodies German Government Prepared for Next $276M BTC Sell-Off: The German government has continued its Bitcoin sell-off after sending roughly 3,100 BTC worth around $178 million in the span of an hour on July 9. At the same time, the government also withdrew …
Read MoreHouse Ag Subcommittee Hearing
HOUSE AG COMMITTEE HEARING OVERVIEW On July 25, the House Agriculture Committee Subcommittee on Commodity Markets, Digital Assets, and Rural Development held a hearing entitled “Reauthorizing the CFTC: Stakeholder Perspectives.” The witnesses in the hearing were Futures Industry Association (FIA) President Walt Lukken, National Futures Association (NFA) President Tom Sexton, …
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