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Members of Congress urge revisions to Treasury’s ‘unworkable’ digital asset tax rules
Several American lawmakers voiced their concerns to the U. S. Treasury regarding a proposed taxation scheme for digital assets in a Nov. 15 letter, citing its potential to stifle innovation and adversely affect the digital asset ecosystem. дальше »
2023-11-16 03:15 | |
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Tornado Cash Sanctions Called “Unprecedented And Unlawful” By The Blockchain Association
The Blockchain Association and DeFi Education Fund have filed an amicus brief calling the U. S. Treasury Department’s decision to sanction Tornado Cash “unprecedented and unlawful. ” Until OFAC imposed sanctions, Tornado Cash was the most popular privacy-protecting tool on Ethereum, the world’s second-largest digital asset platform. дальше »
2023-6-3 00:30 | |
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UK Lawmakers' Bid to Regulate Crypto as Gambling Could Be a Political Problem, Invites Industry Wrath
The Treasury is still adamant it will regulate digital assets like financial services but its plans will rely on parliamentary support. дальше »
2023-5-19 10:00 | |
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US Treasury’s OFAC reaches $7.6m settlement with Poloniex
The Poloniex crypto exchange has agreed to pay $7.6 million to settle claims that it permitted users in sanctioned nations to trade digital assets on its platform. According to an announcement by the US Treasury’s Office of Foreign Assets Control… дальше »
2023-5-2 13:25 | |
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Top U.S. Treasury Official Says Crypto Had No ‘Direct Role’ In Bank Failures
Nellie Liang, the U.S. Treasury Department's undersecretary for domestic finance, doesn’t believe that the digital assets sector should be blamed for the runs on Silicon Valley Bank (SVB) and Signature Bank that led to their quick demise earlier this month. дальше »
2023-3-30 22:19 | |
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US Treasury Report Raises Concerns About CBDC Impact on Banks And Households
A recent study by the United States Treasury revealed that the introduction of central bank digital currency (CBDC) could potentially destabilize the banking sector while also having the potential to boost household welfare. дальше »
2023-3-24 18:30 | |
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Adopting CBDC could destabilize banks, help households, US Treasury study says
When integrated into the economy, a central bank digital currency or stablecoin would compete with bank deposits to the public benefit, at least until a financial crisis. дальше »
2023-3-23 00:15 | |
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UK Introduces Crypto Self-Assessment Section on Tax Return Forms
The UK is increasing its oversight concerning cryptocurrencies and matters of taxation, this time adding a separate category for digital assets in the tax forms. The changes by His Majesty’s Treasury – expected to be included in the tax period 2024-25 in the self-assessment tax forms – require that the amounts concerning crypto assets be […] дальше »
2023-3-20 22:25 | |
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US Treasury-led CBDC working group looking at technical issues, national interest
Treasury Under Secretary for Domestic Finance Nellie Liang examined some of the design issues that would shape a potential U.S. digital dollar. дальше »
2023-3-3 23:45 | |
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US Treasury leads group developing digital dollar
The US treasury has announced to preside over the digital dollar advancements by leading the group of US-based entities currently working on the project. The United States Treasury Undersecretary for Domestic Finance, Nellie Liang, announced that the US treasury would… дальше »
2023-3-2 15:57 | |
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Top US Treasury Official Says Leaders ‘Actively Evaluating’ Digital Dollar Question
Nellie Liang, the U.S. Treasury Department's undersecretary for domestic finance, suggested that the federal government’s work on a potential digital dollar is accelerating, saying leaders from various agencies and White House offices are starting meetings in the “coming months.” дальше »
2023-3-1 21:13 | |
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YGG closes $13.8M round led by DWF Labs and a16z Crypto
Yield Guild Games (YGG/USD) has raised $13. 8 million in a token sale led by DWF Labs, the investment arm of high-frequency trading platform Digital Wave Finance (DWF). The token purchase, which was from the YGG treasury, also attracted the participation of a16z Crypto, Galaxy Interactive, Sanctor Capital, and Sangha Capital Fund. дальше »
2023-2-22 09:04 | |
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UK’s digital pound project shows future of money is digital, says HANetf co-founder
HANetf co-founder & co-CEO Hector McNeil was commenting on the UK Treasury and Bank of England’s recent announcement regarding a digital pound. McNeil says “cash is on decline” and that the “future of finance and money is digital. дальше »
2023-2-14 21:16 | |
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UK takes another step towards crypto regulation with 'Britcoin' proposal
The UK has moved one step closer to launching a CBDC with a consultation paper outlining the proposed digital pound. The Central Bank and Treasury hope to launch a digital pound by 2025. AftThe post UK takes another step towards crypto regulation with 'Britcoin' proposal appeared first on AMBCrypto. дальше »
2023-2-8 14:30 | |
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Bank Of England Mentions Ripple In New CBDC Consultation Paper, Here’s Why
Yesterday, the Bank of England and the UK Treasury published a consultation paper on the digital pound, a U. K. Central Bank Digital Currency (CBDC) – mentioning Ripple’s technology at one point. дальше »
2023-2-8 12:00 | |
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UK releases consultation paper for its Digital Pound project
The Bank of England and HM Treasury published the consultation paper for a Digital Pound on Tuesday, 7 February 2023. The central bank digital currency (CBDC) is envisioned as digital money to work alongside, not replace cash and that households and businesses can use in their everyday life. дальше »
2023-2-8 20:10 | |
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UK to Start Further Development Work on ‘Likely Needed’ Digital Pound
The U.K.’s Bank of England will start research and development on a digital pound which it and the Treasury think will likely be needed in the future, in a consultation expected to be introduced on Tuesday. дальше »
2023-2-7 01:30 | |
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UK looks to launch digital pound by 2030, roadmap to be released soon
The Bank of England (BoE) and His Majesty’s Treasury will introduce a roadmap to build a central bank digital currency (CBDC) next week, The Telegraph reported on February 4. The BoE and Treasury are looking to launch a four-month consultation in which businesses, academics, and the wider public will be invited to share views on the […] The post UK looks to launch digital pound by 2030, roadmap to be released soon appeared first on CryptoSlate. дальше »
2023-2-5 14:47 | |
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UK gov't is hiring a central bank digital currency lead for Treasury team
The team lead will determine the “strategic direction” for Treasury’s efforts to develop a digital pound in line with the U.K. government’s agenda. дальше »
2023-1-25 23:00 | |
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United Kingdom Treasury To Consider Launching GBP Stablecoin
Alongside its interest in increasing crypto adoption in its region, the United Kingdom is now planning to launch its own stablecoin – a digital pound, according to Andrew Griffith, an economic secretary to the UK Treasury. дальше »
2023-1-12 19:30 | |
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Treasury Yields Bounce Setting Pace for Stock Market Growth
Coinspeaker Treasury Yields Bounce Setting Pace for Stock Market Growth The ripple effect of the bearish sentiment in the US stock market has also contributed to the encompassing slump in the digital currency ecosystem. дальше »
2022-12-19 15:50 | |
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The Clearing House stands up for bank rights, opposes CBDC in comments for US Treasury
The payments operator responded to a Treasury inquiry related to the presidential executive order with an appeal to keep bank interests in sight when designing digital assets. дальше »
2022-11-11 21:45 | |
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From The BPI To Treasury: Bitcoin Is A Strategic Asset for National Security
The BPI took on the U. S. Department of Treasury’s challenge. Treasury requested public comment on digital assets’ national security implications, and the Bitcoin Policy Institute answered with a bomb of a document. дальше »
2022-11-5 05:31 | |
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UK Legislators Plan to Hold an Inquiry on NFT Regulation and Investment Risks
NFT regulation in the U.K. is “essentially non-existent,” according to the DCMS committee, and MPs intend to evaluate the assets before a review by the treasury department. Seeking Public Opinion on NFTs The UK’s Digital, Culture, Media and Sport Committee… дальше »
2022-11-5 02:00 | |
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US Treasury publishes laundry lists of crypto risks for consumers, national security
The Treasury Department was downbeat on crypto in two publications produced in response to the president’s executive order on digital asset development issued in March. дальше »
2022-9-17 23:39 | |
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Yellen Points to “Significant Opportunities” as Treasury Shares Crypto Tips
Treasury Secretary Janet Yellen said that while there are risks to digital assets, there could be significant opportunities. Treasury Shares Crypto Reports Six months after President Biden signed an executive... дальше »
2022-9-17 17:05 | |
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Biden’s Executive Order Produces Few Answers in Crypto Reports From US Treasury
The White House and federal agencies, including the U.S. Treasury Department, laid out in greater detail what they see as concerns around digital assets, as well as possible benefits, but specific regulations are still yet to come. дальше »
2022-9-16 13:00 | |
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US Treasury to Recommend Issuing Digital Dollar if in National Interest: Source
The U.S. Treasury Department will advise the federal government to press forward on work to issue a digital dollar, though it should only take the final step if there’s sign-off that the government-created tokens are in the “national interest,” according to a person familiar with a report emerging soon. дальше »
2022-9-9 23:02 | |
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Australia Plans To Become A Crypto Market Leader Under New Regulations
Australia has vowed to improve its crypto-assets regulatory system through “token mapping” to provide greater customer protections and stay ahead of the digital evolution curve. Unveiling the plan on Monday, the country’s treasury noted that despite the number of taxpayers interacting with Bitcoin, Dogecoin and other crypto assets skyrocketing since 2018, regulations in the sector […] дальше »
2022-8-25 18:48 | |
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US Treasury Department adds Kraken to investigations list for potential sanctions violations
The United States Treasury Department suspects that crypto exchange Kraken has violated the United States sanctions by allowing users from sanctioned regions to trade digital tokens and opened a federal investigation to reveal the truth, The New York Times reported. дальше »
2022-7-29 21:13 | |
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Rio de Janeiro forges ahead with Bitcoin integration plans
Rio de Janeiro’s secretary of finance and planning, Andrea Senko, recently revealed in an interview that her team is looking to spur the adoption of Bitcoin (BTC) by adding the digital asset to the city’s treasury portfolio. дальше »
2022-7-27 15:30 | |
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US Treasury calls for public comment on digital asset policy, following Biden's executive order
President Joe Biden's executive order on crypto from March directed the Treasury Department to take the lead among other government agencies in developing policy recommendations. дальше »
2022-7-13 00:24 | |
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Why The U.S. Treasury Published A Framework For International Crypto Regulation
Per a press release from the U. S. Treasury, crypto and digital assets should have equal international regulations. The government agency published a “Framework for International Engagement on Digital Assets” following an executive order (EO) from U. дальше »
2022-7-8 18:00 | |
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US Treasury issues framework addressing engagement on crypto with foreign regulators
The Treasury report was required under President Joe Biden’s executive order on digital assets issued in March.
дальше »2022-7-8 00:40 | |
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US Treasury Develops 'Framework' for International Crypto Regulation
The U.S. Treasury Department published a fact sheet outlining a framework on digital asset regulation. It is the first publication to result from U.S. President Joe Biden's executive order on digital assets. дальше »
2022-7-8 23:08 | |
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US Treasury Secretary Talks Crypto With Bank Chiefs
U.S. Treasury Secretary Janet Yellen is meeting with the CEOs of Wall Street banks Thursday to discuss the global economy and U.S. inflation, while also raising “the need for responsible innovation in digital assets,” according to the Treasury Department. дальше »
2022-6-16 19:22 | |
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UK Treasury Strengthens Regulations Around Stablecoins Following UST Collapse
In response to the recent collapse of controversial crypto project Terra, Britain is looking into ways to ensure stablecoins don’t threaten their wider financial system. Her Majesty’s Treasury printed a new consultation paper on Tuesday, May 31, 2022, regarding minimizing the risks of the possible collapse of stablecoins and many more digital currencies by utilizing […] дальше »
2022-6-2 01:06 | |
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