2022-5-16 13:58 |
Her Majestys Treasury has confirmed plans to legalize stablecoins as a form of payment in a new Financial Services and Markets Bill announced on May 10. U.K to Regulate Stablecoins...
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House Democrat representatives today are introducing a bill that calls for the development of an electronic version of the United States dollar that has the same legal status and privacy expectations as physical cash.
2022-3-29 20:00 | |
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If passed, Elizabeth Warren’s new draft crypto bill will require local crypto exchanges to submit “detailed records” to the Treasury Department of customers‘ identities and transfers to private crypto wallets.
2022-3-9 06:02 | |
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Last year, US legislatures were torn between supporting and rejecting the Infrastructure Bill due to its lack of clarity. However, the recent announcement by the US Treasury is a major win for the cryptocurrency industry.
2022-2-15 13:55 | |
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The U.S Treasury Department might exclude crypto miners and stakers from a crucial rule going forward, reported Bloomberg. It has to do with the rule where brokers of virtual assets are required to prThe post Report: Woes under the Infrastructure Bill to be answered by the Treasury appeared first on AMBCrypto.
2022-2-13 23:30 | |
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A provision originally included in the bill had critics saying the Treasury Secretary would not have had limits on surveilling crypto firms suspected of illicit transactions, nor open the matter to include public feedback.
2022-2-5 01:25 | |
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Representative Ted Budd stated that the provision would let the Treasury unilaterally prohibit certain financial transactions without public input.
2022-1-30 23:30 | |
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With this report on virtual currencies and global competitiveness, the idea is to strengthen U.S.’s role globally, and crypto can play a critical role in that. The post New Bill Calls for the Treasury Department to Submit a Report on Foreign Crypto Usage and Mining first appeared on BitcoinExchangeGuide.
2021-9-29 20:07 | |
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Further requirements on crypto firms could be on the way as the administration is looking for new revenue streams.
2021-9-1 19:20 | |
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U.S. officials seek the inclusion of global data-sharing regulations for the crypto space in the new budget bill. The post The U.S. Treasury Encourages Global Crypto Data-Sharing Regulations appeared first on BeInCrypto.
2021-9-1 18:50 | |
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The Treasury Department is looking to add more crypto reporting requirements in the reconciliation bill. On the one hand, the Treasury wants to introduce more rules for cryptocurrency transaction reporting; on the other hand, the officials of the department have been telling media that the crypto community’s fear about tax provision in the $1 trillion […] The post Treasury Seeking More Crypto Reporting Requirements, Global Data-Sharing, in Reconciliation Package first appeared on BitcoinExchangeGuide.
2021-8-31 17:05 | |
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While the Treasury Department yet again tries to assuage the crypto community’s concerns, Jerry Brito of CoinCenter says there’s “little comfort” in it. The post US Treasury says Crypto Community’s Fear About Tax Provision in the Infrastructure Bill is Unwarranted first appeared on BitcoinExchangeGuide.
2021-8-25 16:37 | |
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The Treasury Department is influencing the infrastructure bill to gain jurisdiction over the DeFi… The post Crypto industry blindsided by US Infrastructure Bill: Chervinsky appeared first on Coin Journal.
2021-8-18 13:50 | |
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General counsel to Compound Labs, Jake Chervinsky has warned that the Treasury Department wants to “capture” the DeFi sector through the crypto provisions added to the infrastructure bill.
2021-8-18 06:31 | |
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Speaking on condition of anonymity, an official has reportedly told Bloomberg that the Treasury Department is planning to clarify the definition of “broker” in the recently passed infrastructure bill.
2021-8-16 01:37 | |
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The US Treasury Department is set to clarify what exactly entails “broker” for the purpose of reporting to the Internal Revenue Service after the crypto tax provision of the controversial $1 trillion bipartisan infrastructure bill was passed in its original form that overreaches to cover miners, developers, stakers, and validators to report information on clients […] The post US Treasury to Ease Crypto Concerns by Clarifying A ‘Broker’ Doesn’t Include Those Without Transaction Data: Report first appeared on BitcoinExchangeGuide.
2021-8-14 16:44 | |
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The controversial bipartisan infrastructure bill with its crypto tax provision gained new supporters in the form of Tesla CEO Elon Musk, who tweeted early on Saturday, “This is not the time to pick technology winners or losers in cryptocurrency technology.
2021-8-9 02:11 | |
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Janet Yellen's position on a "compromise" amendment proposed yesterday is unclear, but she reportedly raised objections to the language on crypto put forth by Senators Wyden, Lummis and Toomey.
2021-8-7 20:18 | |
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U.S. Treasury Secretary Janet is reportedly opposing the Toomey-Wyden-Lummis amendment to the much-talked-about provision in the infrastructure bill
2021-8-6 15:57 | |
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The bill also calls for the Federal Reserve to be vested with the clear authority to issue a digital dollar.
2021-7-30 13:29 | |
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The online marketplace company also posted a larger quarterly loss, hit by a higher tax bill. Meanwhile, its fintech arm, Mercado Pago, reported a surge of 81. 8% in total payment volume during the pandemic.
2021-5-7 17:26 | |
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Bitcoin rose on renewed optimism for the second coronavirus stimulus package, while the US dollar plunged. House Speaker Nanci Pelosi said a bill for the compromised aid is on the way after confirming a fruitful, 45-minute telephonic conversation with Treasury Secretary Steven Mnuchin.
2020-10-21 08:36 | |
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US lawmakers are intensely discussing a new stimulus package that could cost between $2. 2 trillion and $2. 6 trillion. The bill could be voted on this week as talks between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin heat up over the content of the bill.
2020-10-1 13:10 | |
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Global stock markets surged higher on Friday after central banks around the world unleashed a torrent of stimulus measures to cushion the shock from coronavirus (Covid-19). With US stock futures sharply higher, Wall Street is expected to have yet another big swing.
2020-3-20 18:33 | |
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Steve Mnuchin, the secretary for the United States Treasury, held a press briefing to address the sudden storm of cryptocurrencies led by the announcement of Libra. Mnuchin, along with other bureaucrats, expressed scepticism over the launch of Libra, going as far as drafting a bill to keep tech companies out of finance, as reported byRead MoreRead More.
2019-7-16 13:21 | |
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Republican senators Dennis Acton and Michael Yakubovich of New Hampshire have introduced House Bill 470 that seeks to allow state agencies to accept cryptocurrencies as payment. State Treasury, Department of Administrative Services, and the Department of Revenue Administration have been contacted to give their feedback on the issue. For the bill, the Department of Administrative […]
2019-1-24 12:41 | |
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A South African law firm has published a short essay on proposed tax legislation for cryptocurrency in the country. Cox Yeats Attorneys, a Durban-based firm, argues that the Taxation Laws Amendment Bill, published by the National Treasury in July, will be bad for the digital asset industry, according to local media reports.
2018-11-26 18:15 | |
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Ever since the U. S. Securities and Exchange Commission (SEC) issued a stern warning about initial coin offerings (ICOs) in February 2018, cryptocurrency projects have had to consider different options for distributing their tokens — and funding their development.
2018-10-20 19:31 | |
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From Washington to Moscow, cryptocurrencies have entered the agenda of those who share a vocation to rule and regulate. Following the congressional summer vacation, the House of Representatives passed a bill that will enable the Treasury to investigate crypto transactions, while a Congressman plans to introduce three drafts supporting the crypto industry.
2018-9-23 14:59 | |
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Cryptocurrencies are becoming more prevalent to residents living in South Africa and over the past year bitcoin interest stemming from the region has grown exponentially. Furthermore, just recently the South African Treasury has proposed a few amendments that apply to the country’s Taxation Laws Amendment Bill (TLAB) and how cryptocurrencies are taxed.
2018-7-28 23:45 | |
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Effective Jan.1, 2023, the U.K. will offer tax relief for crypto foreign investors who purchase digital currencies via regulated brokers and investment managers.
The UK's Advertising Standards Authority (ASA) has ruled against advertisements by Crypto.com and Turtle United for their non-fungible token (NFT) promotions.
Argo Blockchain plc, a cryptocurrency mining firm has announced that there will be the restoration of trading on the London stalk exchanges. This is due to the organization's risk of bankruptcy.
Argo Blockchain plc, a cryptocurrency mining firm has announced that there will be the restoration of trading on the London stalk exchanges. This is due to the organization's risk of bankruptcy.
The Bank of England is accepting applications for a proof of concept wallet for its Central Bank digital currency until December 23
In response to the FTX crypto exchange's collapse, which left 80,000 UK investors with losses, the UK FCA and other international regulators are acting to protect investors.