2023-7-28 15:46 |
The Supreme Court bench asked the union government to file a report on whether the latter is capable of setting up a federal agency to investigate crypto-related crimes. origin »
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Quick Take According to the Founder of Equity Management Associates, Lawrence Lepard, in his EMA Q2 report, the escalating interest expense, rapidly nearing a run rate of $1 trillion, is a major cause of the expanding government deficit.
2023-7-25 11:04 | |
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The UK government has rejected a proposal by the House of Commons Treasury Committee to regulate crypto retail trading similarly to gambling. In a committee report released on May 17, British lawmakers recommended regulating the UK crypto market akin to gambling.
2023-7-21 23:00 | |
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The Financial Conduct Authority will consult on rules once the government gives it the necessary powers, the regulator said in its annual report.
2023-7-20 19:00 | |
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The UK government aims to establish the country as a global leader in artificial intelligence, but experts argue effective regulation is essential for realizing this vision. A recent report from the Ada Lovelace Institute provides an in-depth analysis of the strengths and weaknesses of the UK’s proposed AI governance model.
2023-7-18 17:53 | |
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“Government Watchdog Identifies Blockchain’s Potential in Enhancing Oversight of SBA’s Small Business Programs” A recent report from the Government Accountability Office (GAO) sheds light on how blockchain technology can revolutionize the monitoring and management of Small Business Administration (SBA) programs.
2023-7-12 14:32 | |
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While the U.S. grapples with a fragmented and turbulent regulatory environment for digital assets, some of Canada’s lawmakers are attempting a more holistic approach. The Canadian House of Commons’ Standing Committee on Industry and Technology has published a comprehensive report on blockchain technology, including a series of recommendations to the Government of Canada to support […] The post Canadian lawmakers publish recommendations in support of blockchain adoption appeared first on CryptoSlate.
2023-6-29 06:00 | |
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Digital assets, such as cryptocurrencies, could be classified under a new category of personal property, the Law Commission of England and Wales said in its final recommendation report to the government.
2023-6-28 12:07 | |
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The Defense Minister of Israel, Yoav Gallant, said the government had seized millions of dollars worth of cryptocurrencies linked to Iran’s military arm, Quds Force, and the Lebanese militant group Hezbollah.
2023-6-28 11:26 | |
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A recent report by Bloomberg states that Circle, the issuer of the USDC stablecoin, emerged as a primary recipient of support from the government-backed rescue of Silicon Valley Bank (SVB).
2023-6-23 18:53 | |
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A report released by the U.K.'s All Party Parliamentary Group on crypto and digital assets urges the government to carefully consider the introduction of a CBDC, or "digital pound."
2023-6-6 18:21 | |
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A recent report by Local media Kommersant disclosed that Russian regulators uncovered a Bitcoin bribe of 1,032. 1 BTC worth $28 million at the current market price. Notably, a government official Marat Tambiev allegedly collected the bribe from hacker group members under his investigation.
2023-6-5 18:00 | |
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The leader of South Korea's ruling People Power Party wants a new bill requiring lawmakers and high-level government officials to declare their cryptocurrency-related assets to be implemented within two months.
2023-5-24 13:42 | |
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A crypto advocacy group has criticized the U. K. Parliament Treasury Select Committee’s recommendation to regulate cryptocurrency trading as gambling. Treasury Select Committee lampoons crypto In a report published on May 17, the Committee urged the government to stop wasting taxpayers’ funds on innovations such as virtual assets until it shows their benefits.
2023-5-17 13:30 | |
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The United States Congressional Budget Office has predicted that the U.S. government’s annual deficits will “nearly double over the next decade.”
2023-5-14 09:45 | |
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Hackers revealed that 986 unique BTC wallets have allegedly been used by Russian state intelligence groups, amid the complicated relationship between crypto and the Russian government. A recently deleted Chainalysis...
2023-5-2 21:11 | |
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In a recent tweet, Glassnodes highlighted the number of cryptocurrencies owned by the US government and Mt. Gox trustee. Based on the Glassnodes report, the US government owns about 205,514 BTC. The latter, Mt. Gox trustee, now holds about 137,890…
2023-4-28 15:07 | |
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The CEO of banking behemoth JP Morgan, Jamie Dimon, made several controversial statements that could support Bitcoin’s bullish long-term thesis. According to a report from the Telegraph, Dimon claims that the government “should seize private” property to build renewable energy projects.
2023-4-5 22:30 | |
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The cryptocurrency exchange Binance has recently observed its largest stablecoin net outflow in history, as revealed by a report. Binance Has Seen Large Stablecoin Withdrawals Recently Binance has been under some regulatory pressure from the US government this year.
2023-4-4 23:00 | |
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Bermuda’s Premier, Edward Burt, reportedly met with U.S. lawmakers and government officials this week in Washington, D.C. to discuss common standards for digital assets.
2023-4-2 00:54 | |
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Requests for user data from Big Tech companies such as Apple, Google and Microsoft continue to rise year-over-year from governments worldwide.
2023-3-30 13:35 | |
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US President Joe Biden released the government’s economic report on Monday, in which Bitcoin plays a major role. BTC is mentioned as many as 75 times in the report, which attempts to denigrate Bitcoin and promote a Central Bank Digital Currency (CBDC) of the United States as the better solution. In the section titled “The […]
2023-3-22 11:15 | |
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Australian laws to regulate the crypto industry and protect retail customers could take more than a year, government documents indicate.
2023-3-7 16:29 | |
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Binance chief Changpeng Zhao (aka CZ) has shut down rumours that the global exchange is mulling severing ties with United States crypto projects owing to increased scrutiny from a host of government agencies and regulators.
2023-2-19 20:44 | |
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As part of the build-up process to the launching of the central bank digital currency, the U.K.’s Treasury and the Bank of England are expected to present a progress report on Feb. 7.
2023-2-8 17:22 | |
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The government, which is in the process of changing regulators for crypto, had initially planned to roll out the trading platform by end-2021.
2023-2-3 13:46 | |
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A new White House report provides additional insight into the mind of the executive branch of the US federal government when it comes to regulating cryptocurrencies. The post White House report says it would a ‘grave mistake’ to deepen ties between crypto, broader financial system appeared first on CryptoSlate.
2023-1-28 22:14 | |
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India's heavy-handed crypto tax regulations have driven users to international exchanges, according to a non-profit policy think tank report. The post Crypto Tax Pushes Indian Users to Switch to Foreign Exchanges; Government Revenue Hurt appeared first on BeInCrypto.
2023-1-4 15:45 | |
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The cryptocurrency market and bitcoin popularity in Nigeria have been rising in recent years. Despite the ban on crypto trades by the government in 2021, Nigerians continued to engage in cryptocurrency-related activities.
2022-12-19 14:30 | |
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Crypto traders were monitoring the U.S. government's monthly inflation report for signs of whether the Federal Reserve's monetary-policy tightening this year is helping to slow the pace of consumer price increases.
2022-12-14 16:37 | |
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Coinbase published its fourth Transparency Report highlighting crypto data requests from government agencies and law enforcement bodies. The post Coinbase Report Says Law Enforcement Inquiries Into Crypto Spiked in 2022 appeared first on BeInCrypto.
2022-12-13 14:00 | |
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Despite widespread protests around brutality of Iranian morality police, a report has revealed the government's plan for alternative sanctions, such as financial ones to force hijab wearing.
2022-12-7 15:09 | |
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“It is necessary to study appropriate sanctions, and assign the government to make detailed regulations,” Prime Minister Pham Minh Chinh reportedly said.
2022-10-27 21:45 | |
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Nearly 60% of professional investors say the US Securities and Exchange Commission (SEC)’s aggression makes crypto attractive, according to Bloomberg’s latest MLIV Pulse survey. Per the report, almost 60% of 564 respondents participating in the survey see the crackdown by the SEC, the Commodity Futures Trading Commission (CFTC) and other government agencies as positive signals […] The post SEC’s aggression makes crypto attractive to professional investors: study appeared first on Invezz.
2022-10-25 16:06 | |
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Japan has been looking to gradually ease rules for crypto startups, with the government also considering corporate tax breaks for companies.
2022-10-20 19:50 | |
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As per a report from October 19, the Israel Ministry of Finance has partnered with VMware and Fireblocks to perform a proof of concept for issuing government bonds through blockchain to reduce costs and shorten the duration of issuance and clearing of government bonds.
2022-10-19 15:15 | |
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The lower house of the country's parliament has passed five bills relating to digital assets on the first reading as the government tightens its grip on crypto mining.
2022-10-12 16:00 | |
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An official report released by the Portuguese government shows that the country is working… The post Portugal working on new crypto tax legislation to levy 28% capital gains tax appeared first on CoinJournal.
2022-10-11 12:46 | |
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The Portuguese government submitted a report for 2023’s national budget to the country’s parliament. Within this report lies a proposal to subject crypto gains to the country’s capital gains taxThe post Portugal’s new budget draft is set to affect its crypto tax haven status appeared first on AMBCrypto.
2022-10-11 11:45 | |
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The government of Japan is looking to introduce cryptocurrency transfer rules in May 2023 to track money transfers by criminals, according to a Nikkei Asia report on September 27. The post Japan to tighten laws to prevent money laundering via crypto by May 2023 appeared first on CryptoSlate.
2022-9-28 21:40 | |
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The Indian government is working on implementing a goods and services (GST) tax on crypto transactions as legwork for determining the legality of the sector is underway, according to a September 19 Livemint report.
2022-9-22 16:30 | |
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Binance CEO Chanpeng Zhao has praised the digital assets report from the White House, saying it shows initiative on the part of the US government. The post Binance CEO Hails White House Crypto Framework, Citing ‘Responsible Innovation’ appeared first on BeInCrypto.
2022-9-18 12:00 | |
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Top crypto news out of Russia says the country is considering accepting Bitcoin (BTC/USD) as well as some cryptocurrencies as a payment option for international trade in 2023. As per local news agency Izvestia, Russian government officials from the Ministry of Finance and the State Duma have confirmed the development.
2022-9-14 16:48 | |
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A Russian news agency reported multiple government officials deliberating on accepting bitcoin and some crypto currencies as payment for international trade in 2023.
2022-9-13 17:22 | |
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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.
2022-9-9 23:02 | |
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The U.K. Treasury, the government’s finance arm, wants crypto exchanges and wallet providers operating in the country to report suspected sanctions breaches to authorities, updated guidance shows.
2022-9-6 18:33 | |
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Indonesia's government plans to establish a crypto stock exchange by the end of 2022, a government minister has said, according to a report by DealStreetAsia.
2022-9-1 13:36 | |
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Two crypto lobby groups recently asked the government to reform crypto tax laws in the country, where investors can pay up to 55% on capital gains.
2022-8-26 13:10 | |
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A recent UNCTAD policy brief says every seventh person in India held a cryptocurrency in 2021, and the largescale adoption in absence of regulations poses risks of financial instability. Released on August 12, the UNCTAD report sparked a fresh debate about India’s crypto regulation bill that the government planned to bring to parliament at least twice last […]
2022-8-26 00:37 | |
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The Philippines Securities and Exchange Commission (SEC) warned users in early August against investing with Binance but despite their contentious relationship, the exchange is now helping the Philippines government formulate crypto regulations, according to a report by inquirer.
2022-8-25 19:56 | |
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The Czech National Bank, the central bank of the Czech Republic, has established a $1 million digital asset portfolio pilot, with plans to hold Bitcoin, a stablecoin and tokenized asset.
Despite growing buzz around crypto, only 3% of central banks plan to hold Bitcoin reserves over the next decade, according to OMFIF’s latest survey. Bitcoin (BTC) may be gaining traction globally, but only a sliver of central banks are planning…
Cecilia Skingsley will leave her role as head of the BIS Innovation Hub next month, cutting short her five-year term by two years amid a broader leadership reshuffle at the central bank body. The Bank for International Settlements digital currency…
The Central Bank of Brazil has initiated the second phase of its central bank digital currency project, DREX, aiming to demonstrate trade finance as a new use case. In a press release on Nov. 19, Brazil’s central bank announced it…
According to the results of the 2023 BIS survey on central bank digital currencies and crypto, only 12% of central banks are planning to issue retail CBDCs in the mid-term. A recent survey by the Bank for International Settlements (BIS)…
The BOJ hiked the benchmark borrowing cost by 10 basis points, abandoning the prolonged negative interest rate policy.
From legal issues to hackers, launching a CBDC is fraught with risks, and BIS has a big list of them to consider.