2024-11-29 00:45 |
In this chapter from The Satoshi Papers, Avik Roy explores the looming fiscal crisis and presents three potential responses from the United States: restriction, paralysis, or assimilation. Could Bitcoin emerge as a solution—or spark further conflict? origin »
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The United States Treasury reported that stablecoin adoption and crypto volatility could increase T-Bill demand as digital asset growth continues. The U.S. Treasury acknowledged a boom in blockchain use and cryptocurrency investment in its Fiscal Year 2024 Q4 report. Stablecoins,…
2024-10-31 22:49 | |
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A new bill introduced in the United States gives Biden broad powers to block access to digital assets. On June 5, Senator Mark Warner’s strategic amendment to the Intelligence Authorization Act for Fiscal Year 2025 was published on X. The…
2024-6-13 16:21 | |
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United States President Joe Biden has put forward a proposal in his next year’s budget to impose a 30% tax on the electricity consumption of cryptocurrency mining operations. The proposal is part of the “Fiscal Year 2025 Revenue Proposals,” aiming…
2024-3-12 12:39 | |
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Moody’s Investors Service recently made a pivotal move, lowering its ratings outlook on the United States government from stable to negative. This shift is rooted in the increasing risks to the nation’s fiscal strength, attributed to factors such as escalating interest rates and a lack of effective fiscal policy measures.
2023-11-11 09:15 | |
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In a May 9, 2023 letter to the United States House Appropriations Committee, the U. S. House Financial Services Committee Chairman Patrick McHenry outlined the Committee Republicans’ priorities for fiscal year (FY) 2024 appropriations.
2023-5-15 15:37 | |
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Before the Subcommittee on Financial Services and General Government on March 29, Gary Gensler, the chairman of the United States Securities and Exchange Commission (SEC), requested $2.436 billion from the government’s Fiscal Year 2024 budget to enable the agency to carry out its mandate and better protect investors as they are put “on a better track for […]
2023-3-30 14:00 | |
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The United States Internal Revenue Service (IRS) on Thursday published its annual Criminal Investigation (CI) report. During the fiscal year of 2021, the agency reported that it seized $3. 5 billion worth of crypto.
2021-11-21 10:00 | |
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The United States Internal Revenue Service (IRS) seized cryptocurrency worth $3.5 billion during the fiscal year of 2021. The post IRS Seized $3.5 Billion in Crypto This Year, Expects Further Billions appeared first on BeInCrypto.
2021-11-19 14:00 | |
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$6 Trillion! That’s how much the President of the United States, Joe Biden plans to spend over the next fiscal year, thereby, prepping another mound of debt to be heaped in the pockets of Americans.
2021-5-30 22:13 | |
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The United States Department of Treasury has published the “General Explanations of the Administration’s Fiscal Year” as President Joe Biden released his Budget for 2022. In its document, the Treasury claims that tax evasion using crypto assets is a “rapidly growing problem”.
2021-5-30 21:03 | |
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The starting point for the Bitcoin market’s recent declines is the prospect of faster-than-expected economic growth in the United States, thanks to the extreme fiscal expansion and a recent rebound in job growth to pre-pandemic levels, which has boosted the bond yields and, in turn, accelerated demand for the US dollar in foreign markets. But […]
2021-3-27 16:53 | |
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Major fundraisers across the United States had to be cancelled, causing them to lose massive amounts of tickets and revenue that would have been generated by the events. Organizations backed by government contracts feared the repercussions of the epic loss once the fiscal year ended.
2020-11-27 12:40 | |
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With the United States on the verge of giving another fiscal stimulus to jolt the economy, Goldman Sachs is recommending to buy gold amidst inflation and “debasement” fears over the U. S. dollar. Goldman sees gold rising in price up to $2,300 by 2022.
2020-8-4 21:05 | |
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Most Americans know that the federal government of the United States prints our money. They believe that the federal government owns federal reserve banks, and sets policy regarding our money. These Americans also know that the federal government makes all the important fiscal decisions, from the value of interest rates to reserve requirements and all […] The post Study: Most Americans don’t realize federal banks are not solely owned by the government appeared first on CryptoSlate.
2019-11-1 13:09 | |
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The United States government has borrowed $747 billion for this fiscal year according to the latest monthly statement by the Treasury. June brought in $334 billion with $342 billion spent.... The post US Government Has Already Borrowed Nearly $1 Trillion Barely Halfway Through the Year appeared first on Trustnodes.
2019-7-15 20:12 | |
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Here we go again. Donald Trump’s new $4. 75 trillion budget proposal is wild even by his lofty standards. We shouldn’t be surprised, as overspending has been the hallmark of the president’s professional business career, but you are forgiven for thinking he might take a different approach to his handling of the United States’ finances.
2019-3-12 02:30 | |
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The Venezuelan government has published a decree requiring taxpayers with crypto operations in the country to pay their taxes in cryptocurrencies. Similarly, operators of foreign currencies must pay their taxes in those currencies.
2019-1-9 08:30 | |
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The U. S. Securities and Exchange Commission (SEC) has released a report detailing actions taken against fraudulent ICOs and financial ventures, and, indeed, the year has been wrought with cases.
2018-11-3 00:33 | |
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On October 24, 2018, an advisory committee to the Internal Revenue Service (IRS) published a report calling for clarity on the IRS’s position toward cryptocurrency taxation.
2018-10-27 20:34 | |
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It is pretty rare to see countries come together to work on a new policy in a uniform manner. Unless of course their objectives are financial, then it seems everyone is happy to work with anyone in pursuit of financial gain.
2018-7-4 06:30 | |
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Theoretical anthropologist Natalie Smolenski discusses her latest work, The Satoshi Papers, the second book-length academic text on Bitcoin, which she conceptualized, contributed to and edited.