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Biden Administration Releases Report on Stable Coin Regulation
Report with regulatory oversight implications for stablecoins and DeFi has been released by the President’s Working Group on Financial Markets, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency. дальше »
2021-11-2 21:20 | |
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Stablecoins Support “Faster and More Inclusive” Payments Options, says the Biden Administration’s Report
PWG also called for “urgent” Congressional action to regulate stablecoins to address the prudential risks posed by stablecoins. But nothing big is happening “any time soon.” The post Stablecoins Support “Faster and More Inclusive” Payments Options, says the Biden Administration’s Report first appeared on BitcoinExchangeGuide. дальше »
2021-11-2 16:39 | |
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Here's the response to Biden administration's PWG report on stablecoins
The much-awaited U.S. Treasury Department-led regulatory report has called for more regulations around stablecoins. The President’s Working Group on Financial Markets (PWG) is of the view that "sThe post Here's the response to Biden administration's PWG report on stablecoins appeared first on AMBCrypto. дальше »
2021-11-2 10:00 | |
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CFTC Chair Calls for ‘Expanding’ the Agency’s Authority as ‘Nearly 60%’ of Crypto Are Commodities
Rostin Behnam, the nominee to lead the Commodity Futures Trading Commission (CFTC), wants the agency to have greater authority over the crypto market and be the “primary cop on the beat.” The CFTC is currently overseeing derivatives, but the Biden administration’s pick to head the CFTC said the explosive growth of digital tokens means their […] The post CFTC Chair Calls for ‘Expanding’ the Agency’s Authority as ‘Nearly 60%’ of Crypto Are Commodities first appeared on BitcoinExchangeGuide. дальше »
2021-10-28 20:36 | |
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Biden’s pick for CFTC chair wants the agency to be a ’beat cop’ with the authority to oversee 60% of digital asset market
Rostin Behnam said it was "critically important to have a primary cop on on the beat" of an emerging market that included cryptocurrencies and stablecoins. дальше »
2021-10-28 19:44 | |
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The Biden Administration Proposes Tax on Unrealized Capital Gains With ‘Build Back Better’ Plan
Treasury Secretary Janet Yellen has proposed a tax on unrealized capital gains. Speaking on CNN’s “State of the Union” over the weekend, Yellen said this new tax would be levied on the very wealthy. дальше »
2021-10-26 18:41 | |
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Digital Currencies Reduce “Efficacy” of American Sanctions, says Treasury Department
The Biden administration is now warning that cryptocurrencies pose a threat to the sanctions program of the US and calls for modernizing how sanctions are deployed and using a more multilateral approach to them so that they remain an effective tool. дальше »
2021-10-19 17:36 | |
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IMF Warns of DeFi and Stablecoin Risks, Biden Administration Taking ‘Aggressive’ Approach to Crypto
A senior White House official says the administration ensures a “smart and effective regulatory system” for crypto. Meanwhile, for the IMF, because DeFi is one of the main drivers of the rapid growth of stablecoins, it “warrants close attention. дальше »
2021-10-13 16:40 | |
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US Crypto Regulation: Report Says Biden Likely To Deploy Executive Orders Soon
The US Cryptocurrency industry is about to become the target of Biden’s 65th executive order since becoming president in January, a recently released report by Bloomberg suggests. The order, which is aimed at commissioning federal security and finance agencies to commence investigation into the crypto industry with a view to reporting their findings, is the […] дальше »
2021-10-12 14:51 | |
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Biden Secretly Considering First-Ever White House “Crypto Czar”
Crypto Czar It’s only a matter of time before the government takes a more hands-on role when it comes to cryptocurrency. The latest push for this might come in the way of a White House appointed crypto czar. дальше »
2021-10-12 21:46 | |
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The Biden Administration Now Weighing an Executive Order on Cryptocurrency
The Biden administration continues to try to think of ways to regulate the burgeoning cryptocurrency industry. The latest move in this direction is the White House weighing an executive order on crypto as part of its efforts to set up a government-wide approach to cryptocurrency, reported Bloomberg citing people familiar with the matter. дальше »
2021-10-10 18:20 | |
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Biden Administration Reportedly Drafts Executive Order To Oversee Cryptocurrency Regulation
According to multiple anonymous sources cited by Bloomberg, the Biden administration is planning to issue an executive order on cryptocurrency, as part of the government’s broad effort to get a handle on the sector. дальше »
2021-10-10 23:51 | |
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White House Administration Considers Crypto Executive Order
A draft for an executive order concerning cryptocurrencies is reportedly being circulated among senior officials and regulators, proposed by the White House administration under President Joe Biden. дальше »
2021-10-10 18:29 | |
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Biden Considering Executive Order on Bitcoin Without Crypto Expertise
The Biden administration is considering an executive order on cryptocurrencies in an apparent attempt to bypass Congress, and thus the voting public. The draft order is all encompassing, dealing with... дальше »
2021-10-11 16:26 | |
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Joe Biden reportedly works on an executive order on cryptocurrencies
According to a recent report citing anonymous sources familiar with the matter, it appears that US president Joe Biden might be working on a way to regulate digital currencies. The sources claim that Biden is considering an executive order that would bring clarity to the crypto landscape, but also exercise better control over the industry […] The post Joe Biden reportedly works on an executive order on cryptocurrencies appeared first on Invezz. дальше »
2021-10-9 09:23 | |
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Biden To Raise A Coalition Of 30 Countries To Combat The Illicit Use Of Cryptocurrencies
America’s government plans to organize a group of 30 countries to counter the growing threat of ransomware. To secure the country’s cyberspace, President Biden has called for the collective effort of every American including private corporations. дальше »
2021-10-3 21:08 | |
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Biden Administration Seeking to Impose Banking Regulations on Stablecoin Issuers
Meanwhile, the top US national security advisers will gather officials from 30 countries with plans to combat cyber crime and improve law enforcement collaboration on "the illicit use of cryptocurrency. дальше »
2021-10-3 17:46 | |
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Report: Biden administration eyeing regulation of Tether, other stablecoins
Stablecoins like Tether (USDT/USD) and Circle Internet Financial’s USD Coin (USDC/USD) could see bank-like regulations imposed from US President Joe Biden and his administration, sources told The Wall Street Journal. дальше »
2021-10-2 22:23 | |
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Biden admin weighing bank-like regulation for stablecoin issuers
The United States government appears keen to tame the rapidly growing stablecoin market, according to reports.
дальше »2021-10-2 22:15 | |
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Resistance Grows to Big Bank and Cryptocurrency Critic for the OCC Chair
Cryptocurrency regulations continue to stall in the United States, with regulators and industry players seemingly unable to reach a consensus. At the same time, the Biden administration appears to be having trouble with its latest financial regulatory candidate. дальше »
2021-9-29 22:05 | |
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Top Crypto Critic Is Biden’s Choice For Comptroller Of The Currency
The US President is set to nominate Saule Omarova to lead the Office of the Comptroller of the Currency. The Cornell University law professor has voiced her concerns on cryptocurrencies and the current financial system in place today. дальше »
2021-9-27 19:41 | |
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The Biden Administration Is Considering Cryptocurrency Critic For Head OCC Position
US President Joe Biden is reportedly considering nominating a crypto critic as the head of the Office of the Comptroller of Currency (OCC). Saule To Put Crypto And Big Bank To The Sword Currently headed by Michael Hsu, on an interim basis, the OCC is the regulatory body responsible for supervising the bank sector in […] The post The Biden Administration Is Considering Cryptocurrency Critic For Head OCC Position first appeared on BitcoinExchangeGuide. дальше »
2021-9-24 18:18 | |
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Biden to nominate anti-crypto Saule Omarova as the head of the OCC
The regulatory situation in the US is already not looking too good as it is, and it seems that further moves of the Biden administration might further discourage hopes of any positive crypto regulations. дальше »
2021-9-24 15:37 | |
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Majority of Crypto Exchanges Dealing in “Predominantly Legal Activity,” says Treasury Deputy Secretary
This statement comes as the Biden Administration targeted “parasite” exchange and blacklisted it for its role in processing ransomware proceeds. The post Majority of Crypto Exchanges Dealing in “Predominantly Legal Activity,” says Treasury Deputy Secretary first appeared on BitcoinExchangeGuide. дальше »
2021-9-22 20:41 | |
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Suex Crypto Exchange Sanctioned by U.S. Treasury
Suex. io cryptocurrency exchange has been sanctioned by the United States Treasury Department’s Office of Foreign Assets Control (OFAC) for allegedly facilitating ransomware payments for hackers. The President Joe Biden administration has intensified efforts to curb ransomware attacks in the country, according to reports on September 21, 2021. дальше »
2021-9-22 17:00 | |
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Treasury Department Imposing Sanctions to Crack Down on Crypto Payments in Ransomware
The Biden Administration is preparing a range of actions, including sanctions to curb the use of digital currency in ransomware cyberattacks, the Wall Street Journal reported, citing people familiar with the matter. дальше »
2021-9-19 17:56 | |
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US senators eye the crypto market for potential $28 billion in tax revenue
US President Joe Biden and the bipartisan group announced the details of a historic $550 billion federal investment in the country’s infrastructure as the Senate intends to tighten crypto taxes in order to raise $28 billion that would contribute to the funding, Bloomberg reported. дальше »
2021-7-30 20:00 | |
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A “Difficult Time” Ahead for Risk Assets, While Fed Has President Biden’s Blessing to Do ‘Whatever Necessary’ to Support Strong Economy
“The opportunity for bitcoin remains very, very bright,” according to Grayscale CEO, based on who's investing, their size of allocations, and with the conviction, they are doing that. As for tapering, Guggenheim Chairman says the earliest it would start would be March next year. дальше »
2021-7-23 20:39 | |
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US Treasury Secretary Yellen Outlines Plans to Regulate Stablecoins in Collaboration With the Fed, SEC, CFTC
U.S. Treasury Secretary Janet Yellen will convene a meeting with the Biden administration’s working group on financial markets to discuss stablecoin regulation. “In light of the rapid growth in digital assets, it is important for the agencies to collaborate on the regulation of this sector and the development of any recommendations for new authorities,” said […] дальше »
2021-7-17 18:30 | |
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