Cryptocurrency exchange Gemini has secured licensing in France, expanding its operations to more than 70 countries.

A court hearing between Coinbase the U.S. Securities and Exchange Commission (SEC) took place on Jan. 17 concerning ongoing securities charges.

New York District Judge Katherine Polk Failla grilled the SEC in court, asking direct questions about what constitutes a security.

1 IRS postpones enforcement of new crypto asset reporting rules under the Infrastructure Bill. 2 A temporary halt aims to clarify regulations before finalizing compliance requirements. 3 Critics warn of increased tax evasion during the interim period with loosened oversight. The ...

Gemini is preparing to launch services for French retail and institutional customers within weeks, CNBC reports.

Source: Adobe / dennizn The US Treasury Department and Internal Revenue Service (IRS) have announced that businesses are not required to report the receipt of digital assets in the same manner as cash until specific regulations are issued. The decision by the two federal agencies...

The IRS has clarified that enforcement of a crypto tax reporting rule for transfers over $10k will be halted pending new regulations.

The US 2024 presidential election and the Securities and Exchange Commission's (SEC) approval of a spot bitcoin ETF are just two events causing quite a stir in corporate and political circles. SkyBridge Founder and Managing Partner Anthony Scaramucci joins Yahoo Finance's Julie Hyman and Brian Sozzi from the World Economic Forum in Davos, Switzerland to gauge the temperature on crypto regulation by federal regulators and the likelihood of another US presidency under Donald Trump. "Anytime you get people that think like Mr. Trump, you get a lot of cronyism at the top," Scaramucci says, who had a brief tenure as the White House Director of Communications under the Trump administration in 2017. "So, short-term that is the perception, he would help business. But, long-term, if he destabilizes the predictability of our legal system, the cost of capital in the United States and globally is going to go up a lot." In the crypto arena, Scaramucci believes regulation has been "overly politicized" by select US lawmakers and officials, including SEC Chair Gary Gensler: "The point is, if they calmed down and really studied the technology, they'd be running toward the technology and not away from it." It's all part of Yahoo Finance's exclusive coverage from the World Economic Forum in Davos, Switzerland, where our team will speak to top decision-makers as well as preeminent leaders in business, finance, and politics about the world’s most pressing issues and priorities for the coming year. Editor's note: This article was written by Luke Carberry Mogan.

Garlinghouse also confirmed the company had explored markets outside the U.S. for an Initial Public Offering, but plans are on hold for now.

The #IRS grants businesses a temporary reprieve, halting the $10,000 #crypto transaction reporting rule. Critics cite complexity. #CryptoTax #USA #CryptoRegulations Read More The post IRS Temporarily Suspends $10,000 Crypto Reporting for Businesses appeared first on Crypto News L...

Economist Peter Schiff has issued warning about potential impact of new SEC regulations on Bitcoin's transaction costs and its future price

Economist Peter Schiff has issued warning about potential impact of new SEC regulations on Bitcoin's transaction costs and its future price

IRS and Treasury say businesses do not have to report cryptocurrency receipts until new regulations are issued. In a press release on Jan. 16, the Internal Revenue Service (IRS) said in a joint statement with the U.S. Treasury Department that…

IRS and Treasury say businesses do not have to report cryptocurrency receipts until new regulations are issued

Source: Valerii Evlakhov/Adobe A South Korean bankruptcy court judge has called on the government to bolster regulation in the crypto industry, claiming investors need more protection. Per Newsis, the claims were made by Judge Lee Seok-jun, of the Seoul Bankruptcy Court. Lee wrot...

The trial of Terraform Lab' former CEO has been pushed back to late March after his lawyer said he faces challenges to get him to the U.S.

The Internal Revenue Service said Tuesday that businesses won't have to report digital assets in the same way they do cash until new regulations are …

A South Korean judge has called on the government to bolster regulation in the crypto industry, claiming that investors need more protection.

Banks such as Morgan Stanley (MS) and Goldman Sachs (GS) reported their quarterly earnings Tuesday morning, with mixed results. Many on Wall Street often turn to banks as a sign of things to come for the year. What can investors learn from these reports? Chris McGratty, KBW Head of U.S. Bank Research, joins Yahoo Finance to discuss the recent mixed earnings reports from banks and his outlook for the year. When asked about pricing of bank stocks in current market, McGratty claims: "They're cheap. Banks are always cheap. In my 20-year career they've always been cheap because of the value aspect of the business, the regulation. What's interesting is the speed at which the market re-rated this group. We went from 8 to 9 times earnings to 11 to 12 pretty instantaneously, when the Fed [did] the pivot in December. What we think is fair value for the group right now is around 10, 11 times and there's work we've done with where level of interest rates are in the multiple. We had a big run into the year. It's not surprising we've seen the air come out of it." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

AI is all the buzz—and the world of advertising does not appear to be an exception. Meta has high hopes for the role of artificial intelligence in advertising, with CEO Mark Zuckerberg saying on a recent earnings call that “AI is going to change advertising in a big way.” Meta Head of Global Business Nicola Mendelsohn joins Yahoo Finance Live at the World Economic Forum in Davos, Switzerland to discuss the incorporation of AI in advertising and how the company is leveraging AI for advertisers. Mendelsohn states that current AI tools in its Meta Advantage suite have assisted in “really significant growth for advertisers" who have seen “better targeting and better performance.” Mendelsohn sees a “cautious optimism” from advertisers who utilized internet advertising less in 2023. According to Mendelsohn, access to tools are not limited to size, noting: “It’s always been about the democratization of digital marketing,” with companies of all sizes utilizing features such as reels for advertising.With the upcoming presidential election, Mendelsohn states the company is “constantly working out what our [Meta’s] playbook is,” in terms of political advertising regulations—not just in the US but globally. It's all part of Yahoo Finance's exclusive coverage from the World Economic Forum in Davos, where our team is speaking to top decision-makers as well as preeminent leaders in business, finance, and politics about the world’s most pressing issues and priorities for the coming year. Editor's note: This article was written by Eyek Ntekim.

The European Securities and Markets Authority (ESMA) is actively preparing for the implementation of the Markets in Crypto-Assets (MiCA) regulation, marking a significant milestone in bringing comprehensive oversight to the digital asset space. As the ESMA prepares for the enforc...

The European Securities and Markets Authority (ESMA) is preparing for the implementation of the Markets in Crypto-Assets (MiCA) regulation.

1 Allaire says blockchain innovation persists despite market cycles. 2 Stablecoins remain a critical “killer app” with expanding utility. 3 Anticipates major jurisdictions enacting digital currency legislation. Speaking at the World Economic Forum annual meeting in Davos, Circle ...

How to best incorporate AI models, especially in the workplace, still controls discussions happening around the office and the C-suite. But the more companies lean into adopting artificial intelligence, the risks around this new tech remain blurry. Yahoo Finance’s Julie Hyman and Brian Sozzi sit down with Accenture (ACN) CEO Julie Sweet at the World Economic Forum in Davos, Switzerland to discuss AI risk management and whether CEOs or government regulators should take the lead on addressing this. Sweet states that in recent conversations with CEOs, less than 2% of executives could identify how AI is being used in their companies and its risks. Sweet insists there needs to be a movement from implementing principles to "operationalizing" risk assessment processes. "It starts now and you can’t wait until the regulation.” It's all part of Yahoo Finance's exclusive coverage from the World Economic Forum in Davos, Switzerland, where our team will speak to top decision-makers as well as preeminent leaders in business, finance, and politics about the world’s most pressing issues and priorities for the coming year. Watch this full episode of Yahoo Finance Live here. Editor's note: This article was written by Eyek Ntekim.