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The U.S. government’s approach to crypto regulations hinges entirely on the 2020 election

The United States government underneath President Trump has taken an aggressive approach to the crypto markets, with the President himself claiming that he is “not a fan of” Bitcoin, while the Treasury secretary claimed that the lack of regulations surrounding the nascent technology constitutes a “national security” issue. дальше »

2020-2-19 04:47


XRP Ripple Breaks Above $0.3000 while the US Senate Debates Crypto Security

The US Senate Debates 2020 Budget and Global Regulations: In the meantime, across the ocean, in the United States, the Senate held a detailed analysis of the upcoming 2021 budget volume and at this event, the US Treasury Secretary Steven Mnuchin was asked by senior members in what manner will the United States Treasury increase […] The post XRP Ripple Breaks Above $0. дальше »

2020-2-18 16:55


Mnuchin Tells Congress Tougher Laws Will Be Introduced On Cryptocurrency Payments Soon

During a recent Senate Finance Committee hearing, Steve Mnuchin the U. S. Treasury Secretary called on the FinCEN, a U. S financial regulatory authority, to put in place new cryptocurrencies regulations and guidelines in a bid to reduce the money laundering, illicit trades and activities that cryptocurrencies purportedly enhance. дальше »

2020-2-13 21:39


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Bitcoin and Cryptocurrency Are ‘Like a Giant Garbage Dumpster,’ Says Minneapolis Federal Reserve President

The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, said on Tuesday that bitcoin and other cryptocurrencies are “like a giant garbage dumpster. ” He would rather his one-year-old daughter have a low yielding Treasury bond than a bitcoin, emphasizing that all that’s emerging from the crypto world “is burning garbage. дальше »

2020-2-13 19:45


Trump’s Administration Budget Proposal Could Give US Treasury More Power Over Crypto

In the 2021 financial year budget proposed by the Trump Administration which was released early this week, it’s clear of their intention in regards to crypto regulations. They are looking to expand the treasury’s role in cryptocurrency oversights by bringing back the United States Secret Service, now under the DHS, back to its jurisdiction. The […] дальше »

2020-2-11 18:57


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Trump Views Crypto a Threat, Proposes Countermeasures in New Budget

The White House released the Budget of the U. S. Government on Monday, outlining some proposals to increase cryptocurrency oversight which President Donald Trump views as priorities. The budget proposes giving the Treasury more power over crypto and requests funding for FinCEN to expand its efforts to combat threats including from cryptocurrency. дальше »

2020-2-12 18:35


US Treasury Department Pilots Blockchain-Based Federal Grants Tracking System

The US Treasury Department, which is in charge of government revenue, has been reported to experiment with blockchain tech in order to develop a system that tracks federal grants. The proof-of-concept (PoC) program that’s intended for a blockchain-based grant recipients’ letter of credit is about to be completed, says Craig Fischer, the manager of the […] дальше »

2020-1-14 20:46