U.S. Treasury Launches First GENIUS Act Rulemaking With 87-Page Proposal

Bitcoin Magazine U. S. Treasury Launches First GENIUS Act Rulemaking With 87-Page Proposal The U. S. Department of the Treasury formally began implementing the Guiding and Establishing National Innovation for the GENIUS Act.

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U.S. regulators push to expand 401k options with crypto inclusion

The US Department of Labor has advanced a proposal that could allow cryptocurrencies and other alternative assets to be included in 401(k) retirement plans, bringing digital assets closer to mainstream retirement investing.

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U.S. Treasury moves to block Huione Group over crypto laundering claims

Huione Group, a Cambodian conglomerate linked to the largest illicit online marketplace, could be cut off from the U. S. financial system under a new Treasury proposal. According to a May 1 announcement from the U.

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R.I.P. Unhosted Wallet Rule

In 2020, the Financial Crimes Enforcement Network proposed imposing know-your-customer requirements on unhosted wallets, drawing immense backlash from the crypto industry. This week, the Treasury Department formally withdrew the proposal.

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In Conversation With Brian Nelson

Last October, the Financial Crimes Enforcement Network (FinCEN) – the U. S. Treasury Department's money laundering watchdog – announced a proposal to label crypto mixers as a "primary money laundering" concern, a move that alarmed a broad swath of the crypto industry.

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U.S. Department of Energy Will Start Comment Period on Miner Survey Proposal

The Energy Information Administration, a division within the Department of Energy, said it would solicit feedback on its crypto miner survey after coming to an agreement with the Texas Blockchain Council and Riot Platforms.

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Binance ban off the cards, says Philippine trade and industry department

The Philippine Department of Trade and Industry waved off a Binance ban proposal, citing a lack of regulatory stance on cryptocurrencies from the central bank.

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US Labor Department Has ‘Grave Concerns’ Over Fidelity’s Bitcoin Pension Plans

The proposal by Fidelity Investments to let clients put bitcoin into their 401(k) plans poses a danger to the financial security of Americans, the Department of Labor has said. The post US Labor Department Has ‘Grave Concerns’ Over Fidelity’s Bitcoin Pension Plans appeared first on BeInCrypto.

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U.S. Treasury Department Proposal an “Existential Threat to Bitcoin”

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Oracle Confirms Being Trusted Technology Partner for TikTok U.S., Government Approval Awaited

Coinspeaker Oracle Confirms Being Trusted Technology Partner for TikTok U. S. , Government Approval AwaitedIn an official statement, Oracle said that it has submitted its proposal to the Treasury Department to run TikTok's U.

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Trump’s 2021 Budget Proposal Seeks to Optimize Crypto Policing

U.S. President Donald Trump's proposed 2021 budget would shift the U.S. Secret Service from the Department of Homeland Security back to the Treasury Department, creating "new efficiencies" in investigations including crypto.

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Indian Finance Minister Addresses Crypto Proposal – Industry Responds

India’s finance minister has broken silence and talked about the crypto draft bill and report her department is examining which propose to ban cryptocurrencies. While she views the report as “very futuristic and well-thought-out,” the crypto industry sees it as flawed and incomplete.

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Dem Hopeful Andrew Yang Slams Amazon in Viral Maher Clip

By CCN Markets: Democratic presidential candidate Andrew Yang appeared on the Bill Maher show over the weekend. He discussed his Universal Basic Income (UBI) plan in detail, suggesting that big tech companies including Amazon could foot the bill.

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UK to regulate social networks to curb the spread of harmful content

The UK’s set to kick off this week with a move to regulate social media platforms, so as to hold them accountable for the spread of “online harms,” like misinformation, terrorist propaganda, and content depicting child sexual abuse.

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US government building tools to deanonymize anonymous cryptocurrencies

If you thought you were safe using privacy coins like Zcash and Monero you might want to think again. It appears that the US Department of Homeland Security (DoHS) is looking to develop forensic analysis techniques for privacy-focused cryptocurrencies like Zcash and Monero, according to a pre-solicitation document spotted by The Block.

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Vietnamese Government Bans Mining Hardware Imports

Following a high-level proposal in July to ban the importation of all cryptocurrency mining equipment into Vietnam, the Vietnamese Customs Department has announced a total ban on all mining rig imports, according to a local news outlet.

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Bitcoin Magazine’s Week in Review: Exchanges, Altcoins and Allegations

Coinbase continues to grow with their new high-end investment product Coinbase Custody, while Binance had to run a system update following some issues with its Syscoin wallet API.

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Bitcoin Magazine’s Week in Review: Charity Funds and Dark Web Run-Ins

This week, the U. S. Department of Justice and other law enforcement agencies banded together to bring down some bad actors on the dark web. EOS is undergoing some growing pains with the launch of its network, exposing the trials and tribulations of an all-too-centralized governance model.

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