2021-5-21 12:31 |
In May 2021, the US treasury department released a new report with some new guidelines that all businesses making $10 thousand or more inflows and outflows must report to the Internal Revenue Services. origin »
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Quick Take The U. S. Department of the Treasury publishes a monthly report known as the Treasury International Capital (TIC) report, which provides information on the holdings of U. S. Treasury securities by foreign countries.
2023-7-22 16:00 | |
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The new American Families Plan Tax Compliance Agenda would go into effect in 2023, the agency wants crypto businesses to report transactions in excess of $10,000. Just like they report Cash transactions in excess of $10k The post US Treasury Wants k Crypto Transactions Reported; Likely to Rise In ‘Importance in the Next Decade’ first appeared on BitcoinExchangeGuide.
2021-5-21 16:36 | |
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Continued political buzz is abundant lately around crypto, and today is no exception. In a initial report from Bloomberg this morning, the U.S. Treasury has shared intent to require businesses, and likely individuals as well, that transfer $10,000 USD and above in crypto to report the transactions to the IRS. The move is part of […]
2021-5-21 22:13 | |
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The U.S. Department of the Treasury has announced measures to crack down on tax evasion involving cryptocurrencies as part of President Joe Biden’s proposed tax compliance measures. Among the measures is a requirement for businesses that receive crypto assets with a fair market value of more than $10,000 to report transactions to the IRS. Treasury […]
2021-5-20 20:32 | |
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A Treasury report says that all crypto transactions over $10,000 have to be reported to the IRS
2021-5-21 19:19 | |
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Latin American e-commerce and fintech giant MercadoLibre (Nasdaq:MELI) added $7. 8 million in bitcoin (BTC) to its treasury. The company revealed this in its earnings report covering the first quarter ending March 31, 2021.
2021-5-7 12:52 | |
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The company saw a “tremendous” amount of interest from treasury executives, taking positions in bitcoin for the first time. The post Demand to Borrow Bitcoin Declining While Ether sees Significant Increase: Genesis Q1 Report first appeared on BitcoinExchangeGuide.
2021-4-30 16:58 | |
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Genesis Global Trading released its Q1 report on April 28, with corporates leading trading volumes, accounting for $8 billion in spot trading alone.
2021-4-29 05:37 | |
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Tesla adding Bitcoin to its corporate treasury back in February was considered an inflection point for the cryptocurrency. A major corporation adopting BTC into its balance sheet seemed like a sign that the BTC has gone mainstream.
2021-4-27 01:06 | |
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The United Kingdom is planning to test the practicability of a central bank-issued digital currency. A report unveiled this news on April 19, noting that the coin is named Britcoin. Reportedly, the Bank of England (BoE) joined hands with HM Treasury to form a task force to work on the Britcoin project, which aims to […] The post The UK set to explore Britcoin, a Bank of England-backed CBDC appeared first on Invezz.
2021-4-20 12:21 | |
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The Blockchain Association is putting preparation in top gear to meet with financial regulators in the President Joe Biden administration, including Treasury Secretary Janet Yellen, to make them understand the importance of bitcoin (BTC) and other cryptocurrencies and the need for amenable regulations, according to a FOXBusiness report on March 5, 2021. Blockchain Association MeetRead More
2021-3-7 02:01 | |
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Treasury report based on the U. K. fintech, concludes govt needs to run a specific regime for Crypto-asset's regulations and control. U. K. chancellor, Rishi Sunak, triggered that review back in March 2020, under Ron Khalifa's supervision (former WorldPay boss).
2021-2-28 17:49 | |
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Janet Yellen, President Biden’s nominee for Treasury Secretary, has clarified her stance on bitcoin (BTC) and other cryptocurrencies, making it clear that she will go all out to formulate and implement regulations that would curtail the use of blockchain-based cryptocurrencies for illicit activities, according to a Decrypt report on January 22, 2021. Yellen Not Anti-CryptoRead More
2021-1-23 21:00 | |
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Micheal Barr, the former member of Ripple’s board of advisors, is set to become the United States’ next banking regulator, according to a report. A former assistant treasury secretary, Barr will become the second individual with crypto connections to lead the Office of Currency Comptroller (OCC.
2021-1-22 03:30 | |
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President Biden is expected to nominate Michael Barr for the position of Comptroller of the Currency – the independent bureau within the Department of Treasury in the US Govt, which is tasked with ensuring a safe banking system in the nation, according to a report by the WSJ. Who Is Michael Barr? Barr was anRead More
2021-1-22 00:00 | |
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The Financial Crimes Enforcement Network (FinCEN), a bureau of the United States Department of the Treasury shared its intent to amend the FBAR for cryptocurrencies. The official document “Report of Foreign Bank and Financial Accounts (FBAR) Filing Requirement for Virtual Currency” notes that currently, FBAR regulations do not define a foreign account holding virtual currency […] The post FinCEN Intends to Amend the FBAR Rules Regarding Foreign Accounts Holding Cryptocurrencies first appeared on BitcoinExchangeGuide.
2021-1-3 19:13 | |
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Details are sketchy Reuters reports on Dec. 13 that the US Treasury Department and another US government agency responsible for internet and communications policy were hacked. The report indicates that these hackers were backed by a foreign government.
2020-12-14 22:53 | |
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Former CFTC Chair Gary Gensler, who's leading Joe Biden's financial oversight team, may be tapped as Deputy Treasury Secretary.
2020-11-26 01:51 | |
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Per reports from Reuters, Biden will tap the Obama-era chair of the Federal Reserve to lead his administration’s economic policy. The report reads, “Yellen, 74, brings decades of economic policy experience and is respected by Congress, international finance officials, progressives and business interests alike”.
2020-11-24 17:29 | |
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According to a recent report citing the Islamic Republic News Agency (IRNA), Iran has just become the first country to use Bitcoin (BTC) as a legal means of exchange. The country made this move due to the most recent wave of sanctions by the US’ Treasury Department.
2020-10-30 12:15 | |
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The US budget deficit has moved into previously uncharted territory in recent months. In particular, June’s Treasury report revealed an $864 billion overage, crushing the previous 2020 high of $738 billion in April.
2020-7-15 15:56 | |
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As BeInCrypto has previously shown, the Tether Treasury continues to act just like the Fed. A report by Whale Alert (@whale_alert) earlier today revealed that Tether minted a hefty 200M in USDT and issued it on the TRON blockchain.
2020-6-3 18:14 | |
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U. S. government debt yields tumbled on Thursday, as demand for Treasurys rose over concerns that the United States and China are no closer to finalizing a comprehensive trade agreement even once a partial deal is reached.
2019-11-1 01:00 | |
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Dow Jones Industrial Average futures zipped higher on Sunday evening after a Treasury official refuted a report that the Trump administration was mulling a new policy that would block Chinese companies from trading on US stock exchanges.
2019-9-30 01:42 | |
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U. S. stocks declined sharply on Friday after The Wall Street Journal reported that President Trump was considering de-listing Chinese companies from domestic exchanges. In response to the widely-referenced report, the Treasury Department said that it was not considering de-listing Chinese stocks at this time.
2019-9-29 18:00 | |
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U. S. government debt yields rose on Thursday after core inflation exceeded analysts’ estimates, signaling that the economy is performing better than previously feared. The inflation report seemed to strike a delicate balance on Wall Street: Firming expectations about the domestic economy without compromising the Federal Reserve’s plans to lower interest rates next week.
2019-9-13 00:00 | |
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PNC Financial Services Group, Inc, a Pittsburgh, Pennsylvania-based bank holding corporation has successfully processed its first cross-border payments for clients’ using Ripple’s blockchain solution, RippleNet, according to a Fintech Futures report on August 29, 2019.
2019-8-30 02:35 | |
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The bullion market is slowly but steadily flooded with ‘dirty gold bars,’ according to a recent Reuters report. It’s interesting to know what Peter Shiff and other gold supporters would say about this.
2019-8-28 14:00 | |
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Recent research published by Messari revealed that bitcoin (BTC) is not at all the financial threat that some critics claim. Messari said that they performed the research in response to recent remarks by U.
2019-7-22 21:30 | |
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The main argument used by many critics of cryptocurrencies is that digital assets are used for fraudulent and nefarious activities. This was recently cited by Steve Mnuchin, the United States’s Treasury Secretary, who said that Bitcoin and the rest of the cryptocurrency market would be subject to the same level of jurisdiction that fiat money […] The post VanEck official points out Steve Mnuchin’s 180 on US Treasury’s report on fiat currency and frauds appeared first on AMBCrypto.
2019-7-20 22:30 | |
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Following the crypto-focused briefing by the U. S Treasury Secretary, many have drawn conclusions that best fit their financial interests. But, with Steven Mnuchin linking Bitcoin to enabling illegal activities, hardcore crypto-enthusiasts have taken the criticism personally.
2019-7-17 12:00 | |
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An interview with JPMorgan’s head of digital treasury services and blockchain Umar Farooq has revealed that the financial giant is getting ready to test out their JPM Coin with clients, as per a report from Bloomberg Japan, June 25, 2019.
2019-6-25 20:30 | |
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Crypto treasury management firm, CoinShares publishes a report in which it noted Bitcoin Mining using mostly renewable energy. Analysts have been criticizing the energy-intensive proof-of-work (PoW) the -based process of bitcoin mining – as they've pointed out that it's not eco-friendly.
2019-6-7 17:45 | |
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By CCN: Writing for Bloomberg, Michelle Jamrisko and Nguyen Dieu Tu Uyen report Vietnam is at risk of being labeled a currency manipulator. Vietnam is going to be labeled that – by whom? The U.
2019-5-12 16:48 | |
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By CCN: The Dow and broader U. S. stock market blasted higher on Friday after stronger than expected jobs data quelled lingering doubts about the health of the domestic economy. But the picture wasn’t perfect, as tepid wage growth rattled bond markets, sending U.
2019-5-4 23:11 | |
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The Financial Crimes Enforcement Network (FinCEN), a bureau within the U. S. Department of the Treasury, has imposed its first-ever penalty on a peer-to-peer crypto exchange for violating AML regulations, among other violations.
2019-4-20 23:38 | |
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An intelligence branch of the Russian government used bitcoin to fund its cyberwarfare efforts to interfere with the 2016 U. S. presidential election, the Mueller Report claims.
2019-4-19 23:21 | |
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KYC Policies And Crypto Exchanges KYC, also known as Know Your Customer, is a type of policy issued by the Department of Treasury and enforced by the Financial Crimes Enforcement Network that cryptocurrency exchanges are required to abide by.
2019-3-28 20:35 | |
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On November 16, 2018, the U. S. Securities and Exchange Commission (SEC) issued a public statement clarifying its intent to regulate activities involving the issuance and trading of digital assets.
2018-11-21 01:44 | |
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The Cryptoassets Taskforce consisting of the HM Treasury, Financial Conduct Authority (FCA), and the Bank of England recently released a Cryptoassets Final Report on October 29, 2018. According to the U.
2018-10-31 19:00 | |
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On October 29, the UK government’s “Cryptoasset Taskforce,” first announced in March, published its final report, finding that the technology that makes up cryptocurrencies can be used to benefit the financial services sector, as well as other industries.
2018-10-30 10:18 | |
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Jacinda Arden, Prime Minister of New Zealand has had her face used by a fake news site in order to promote articles aimed at Facebook to encourage a crypto startup. A local media source, ‘Stuff’ reported on Friday that multiple sponsored posts have recently been promoted on Facebook by using the likeness of the New Zealand PM with headlines such as New Investment Plan For Kiwis which were targeted at several different age groups around the country.
2018-10-12 16:30 | |
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A new report released by BitMEX has brought interesting conclusions about Ethereum balance of different ICO projects. The analysis of data belonging to 222 projects was done in cooperation with TokenAnalyst.
2018-10-1 16:30 | |
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The minimum state oversight should include Initial Coin Offerings (ICOs) and exchanges, the House of Commons’ Treasury Committee said in its special crypto report.
2018-9-21 19:52 | |
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The parliamentary report published by the UK Treasury Committee has advocated for regulation of the “wild west” crypto-assets sector. The report criticizes the “ambiguity” of the current stance of UK regulators, arguing that with effective regulations, the United Kingdom could become a “global center” for the emerging cryptocurrency sector.
2018-9-21 18:55 | |
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The UK Treasury Committee published a report on crypto-assets for its Digital Currencies inquiry. In the report, they seem keen on pushing a ‘Wild West’ analogy. Time Flies… The Digital Currencies inquiry was launched in February of this year, with a remit to “cover the role of digital currencies in the UK.
2018-9-20 10:00 | |
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Citing market volatility and consumer risk, the U.K. Treasury Committee called for increased regulation of the cryptocurrency space in a new report.
2018-9-19 07:00 | |
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The United States Treasury Department, in a recent report, is recommending that state and federal regulators loosen their grip on FinTech and financial services firms to allow them to innovate. In the report released earlier this week, the Treasury urged state and federal regulators to revamp outdated statutes and support innovative financial technologies, including artificial […]
2018-8-17 19:27 | |
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In a report to President Trump entitled “A Financial System That Creates Economic Opportunities Nonbank Financials, Fintech, and Innovation”, the US Treasury described blockchain and distributed ledger technology as “promising innovations”.
2018-8-2 20:00 | |
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As bitcoiners celebrate the 10th anniversary of Satoshi’s invention, veteran enthusiasts will be aware that a lot has changed since the early days. One business that was once incredibly popular is the art of manufacturing loaded physical bitcoins.