Bill addressing stablecoins risks in US likely delayed until September: Report

2022-7-26 23:30

The unresolved issues in the bill reportedly included provisions on custodial wallets from the Treasury Department, and concerns from the Securities and Exchange Commission.

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Safe Exchange Coin (SAFEX) на Currencies.ru

$ 0.0054306 (-0.25%)

Объем 24H $1.742k

Изменеия 24h: 1.41 %, 7d: -8.63 %

Cегодня L: $0.0053635 - H: $0.0055227

Капитализация $6.099m Rank 99999

Доступно / Всего 1.123b SAFEX

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Источник: cointelegraph.com

bill wallets → Результатов: 14

Senator Warren seizes on fears over crypto and sanctions with new bill

If passed, Elizabeth Warren’s new draft crypto bill will require local crypto exchanges to submit “detailed records” to the Treasury Department of customers‘ identities and transfers to private crypto wallets.

2022-3-9 06:02
crypto new bill warren treasury records submit

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US Senator Warren Drafting Bill to Ensure Crypto Can’t Be Used to Evade Sanctions

One of the bill’s provisions would make it easier to verify customer identities and transfers to private wallets by enforcing detailed record keeping and reporting, according to NBC News.

2022-3-9 01:30	policy
bill private wallets transfers verify customer identities

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Russian Restrictive Policy Limits Licensed Platforms Transactions

Russian Central Bank and the Ministry of Finance’s adverse opinions lead to a restrictive policy instead of banning the use of cryptocurrencies. Per the Coindesk, the Ministry of Finance purposes a bill that limits the crypto transactions tied with licensed operators in Russia, adding peer-to-peer trading as illegal, while certified wallets are allowed. Related Reading […]

2022-2-25 11:44
russian ministry transactions finance policy restrictive licensed

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Western Union Partners With Crypto Wallet for Cross-Border Transfers

Crypto wallet provider Coins. ph has partnered with U. S. financial service company Western Union to enhance cross-border transfers to the Philippines. The partnership will grant over 5 million Coins.

2019-4-10 00:19	Payments
western coins union transfers partnership bitcoin money

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Western Union Inks Deal with Philippines-Based Crypto Wallet

Western Union continues to make strides in entering the crypto space. Its most recent move entails a partnership with a Philippines-based e-wallet provider. The lucky partner is Coins. ph, a blockchain-based financial services outfit whose mission includes helping people who do not have bank accounts.

2019-4-9 00:29
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Op Ed: Answering 10 Common Questions About Cryptocurrency and Taxes

Depending on what country you live in, your cryptocurrency will be subject to different tax rules. The questions below address implications within the United States, specifically, but similar issues arise around the world.

2019-3-29 18:20	Op-ed
your tax cryptocurrency crypto value taxable market

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Toronto Bitcoin Trader Tempts Fate, Loses $75,000 as QuadrigaCX Collapses

The QuadrigaCX failure has claimed another victim. More than 100,000 investors lost a combined $190 million in crypto as a result of the exchange’s comedy of errors that were exposed by the death of CEO Gerald Cotten.

2019-3-26 01:21	QuadrigaCX
quadrigacx trader bitcoin investors lost toronto crypto

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Blockchain Advocacy Coalition Sponsors Bill to Allow Crypto for Legal Cannabis Tax

Activist group Blockchain Advocacy Coalition (BAC) has sponsored a bill in California’s 19th State Assembly District, set to allow legal cannabis businesses in the district to pay their state taxes using cryptocurrency.

2019-3-1 20:16	Regulation
bill state medina businesses blockchain group california

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Bitcoin’s Tech Trends of 2018: What This Year Brought Us (Part 1)

Where 2017’s dizzying price highs embedded “hodl” into the public consciousness, 2018 was the year that “buidl" became a trend in the crypto-industry — and Bitcoin was no exception.

2018-12-5 23:23	Technical
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Singapore Delays Decision On Electronic Wallets And Crypto Tokens Regulatory Oversight

A proposal, the Payment Services Bill, was introduced to the parliament of Singapore in an effort use the country’s central bank to oversee the providers of payment services for cryptocurrency. It would specifically apply to providers that do not fall under the jurisdiction of the Money-Changing and Remittance Businesses Act or the Payment Systems Oversight […]

2018-11-28 11:56	Legal & Regulation
payment providers services singapore oversight apply specifically

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Hoskinson: Satoshi Did “An Amazing Thing”...But There Are Lessons to Learn

Charles Hoskinson is best known today as a co-founder of both Ethereum and IOHK, where he leads the research, design and development of Cardano. But before these projects, there was Bitcoin.

2018-11-20 23:08	Adoption & community
bitcoin hoskinson people said going thing value

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Abra Supports SEPA Bank Transfers, Enabling Crypto Purchases With Fiat

Abra, the all-in-one digital wallet and cryptocurrency exchange, has announced its support for Single Euro Payment Area (SEPA) bank accounts. European users can now enable direct wire transfers from European banks to purchase any of Abra’s 28 available cryptocurrencies.

2018-9-7 23:38	Payments
abra bank users cryptocurrencies bitcoin transfers european

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Abra Announces New Credit Card Payment Options for Bitcoin Purchases

Bitcoin payment startup Abra has announced the addition of Visa and Mastercard payment options for buying bitcoin on its platform. The new payment option is in partnership with fintech company Simplex, per the company’s blog post.

2018-7-13 00:38	Startups
bitcoin options abra payment users company new

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Oklahoma passes bill protecting rights to self-custody crypto

Oklahoma has passed a bill to safeguard residents' rights to self-custody digital assets, including crypto, effective Nov. 1.

ARKB ETF records $133 million in inflows as BTC surged

Data shows that ARK 21Shares Bitcoin exchange-traded fund (ETF), also known as ARKB, recorded the highest amount of inflows after reaching a crucial level. According to data provided by Farside Investors, the US Bitcoin (BTC) ETFs registered $100.5 million in…

New stablecoins law proposed in US — but what are the pros and cons?

Elements of the Payment Stablecoin Act have the potential to be beneficial for American consumers — but critics claim other parts are “unconstitutional.” Republican Cynthia Lummis and Democrat Kirsten Gillibrand have become something of a bipartisan, pro-crypto double act in…

New US bill aims to eliminate double taxation on crypto staking rewards

Two U.S. lawmakers have proposed a bill that clarifies the taxation framework for cryptocurrency staking rewards. Bipartisan lawmakers Reps. Wiley Nickel, D-N.C., and Drew Ferguson, R-Ga, introduced the Providing Tax Clarity for Digital Assets Act on May 1 to clarify…

Crypto community reacts to Changpeng Zhao’s 4-month sentence

On April 30, Judge Richard Jones sentenced Zhao to four months in prison, going against the U.S. Department of Justice (DOJ)’s recommendation for a three-year jail sentence. London-based financial services lawyer Rabya Anwar told crypto.news that the stories of Zhao…

Bitcoin Whales, Not Retailers, Are Safe If The United States Government Begins Confiscating Coins: Analyst

Willy Woo, an on-chain analyst, took to X on April 29, raising concerns about the fate of retail Bitcoin investors if the world, especially the United States, plunges into a recession. Woo, referencing historical events, argues that while large Bitcoin holders, or “whales,” are likely to weather the storm since they control private keys of their coins, […]

US senators cracking down on crypto use in child abuse trade

U.S. senators Elizabeth Warren and Bill Cassidy have urged the Department of Justice (DOJ) and Department of Homeland Security (DHS) to double down on their efforts to combat crypto use in the market for child sex abuse material (CSAM). In…

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2022-7-26 23:30

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