2022-9-8 17:05 |
Cryptocurrencies pose threats and risks to investors and they require strong regulation – US Treasury is expected to share in its report
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Her Majesty’s Treasury (Exchequer) will push forward with a plan to regulate stablecoins based on financial regulation outlined in the Queen’s speech on May 10, 2022. The post U.K. Treasury to Push Forward With Stablecoin Regulation appeared first on BeInCrypto.
2022-5-15 16:22 | |
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Pennsylvania Congressman Glen Thompson has proposed a thoughtful, well-formulated blueprint for "crypto regulation” that aligns with the U.S. Treasury Department’s proposals.
2022-5-13 04:41 | |
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Janet Yellen said it would be “highly appropriate” to aim for “a consistent federal framework” on stablecoins by the end of 2022 in the U.S., given the growth of the market.
2022-5-11 19:34 | |
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US Treasury Secretary Janet Yellen has conceded to the argument that Bitcoin has some recognizable benefits. The crypto skeptic stated that the industry still requires government regulation to sanitize the sector.
2022-3-30 00:11 | |
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Stablecoin regulation is one of the key issues in the President’s Working Group on… The post Treasury official calls for “urgent” stablecoin legislation from US Congress appeared first on Coin Journal.
2022-2-9 00:23 | |
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A back-and-forth on Stablecoin regulation between the US Congress and the US Treasury department has left the fate of Stablecoins hanging in the balance. Nellie Liang, the US Treasury secretary, last week, called out the US congress for what she believes is a marked sloppiness in the formulation of regulations regarding Stablecoins. Liang expressed the intent […]
2021-12-20 18:56 | |
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John Wu, the president of Ava Lab, believes most crypto firms want regulation. He said this during an interview on November 1 while sharing his sentiments on the Treasury’s report on stablecoins and what it could mean for the entire crypto space.
2021-11-4 18:24 | |
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The report is also expected to clarify the regulatory jurisdiction of the Treasury Department CFTC with regards to stable tokens.
2021-10-26 06:06 | |
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The United States Treasury considers stablecoins to be a significant concern and is readying regulation, according to a report from Bloomberg. The post US Treasury Concerned About Stablecoins, Readying Regulation appeared first on BeInCrypto.
2021-9-17 09:22 | |
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Treasury officials are studying the risks if too many people decide to withdraw their stablecoins all at once.
2021-9-14 14:51 | |
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Janet Yellen, the Secretary of the US Treasury has said that it was imperative for regulators to establish a regulatory policy for stablecoins. Stablecoin Regulation a Priority for US Authorities Yellen’s statement was revealed in a readout of the meeting held on Monday (July 19, 2021).
2021-7-20 19:00 | |
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U.S. Treasury Secretary Janet Yellen will convene a meeting with the Biden administration’s working group on financial markets to discuss stablecoin regulation. “In light of the rapid growth in digital assets, it is important for the agencies to collaborate on the regulation of this sector and the development of any recommendations for new authorities,” said […]
2021-7-17 18:30 | |
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Treasury Secretary Janet Yellen is set to discuss interagency work on stablecoins next week
2021-7-17 19:25 | |
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The U.S. Treasury Department’s nominee for the head of terrorism and financial intelligence said in a confirmation hearing that he would focus on related regulation for cryptocurrencies. The post US Treasury Nominee: Preventing Crypto Money Laundering a Priority appeared first on BeInCrypto.
2021-6-23 09:02 | |
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U. S. Senator Pat Toomey has urged Treasury Secretary Janet Yellen to “make significant revisions” to the proposed crypto regulation by the Financial Crimes Enforcement Network (FinCEN) and the planned adoption of the guidance issued by the Financial Action Task Force (FATF).
2021-6-13 20:00 | |
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As the crypto-community on Twitter was sinking into the unverified headline that stated the US Treasury Department was set to crack down on a number of unknown banks for their activities related to thThe post Why bitcoin and crypto regulation is not a priority for US Treasury Secy appeared first on AMBCrypto.
2021-5-4 15:00 | |
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The Biden administration is reportedly developing a regulatory framework for the cryptocurrency markets. The new chairman of the U. S. Securities and Exchange Commission (SEC), Gary Gensler, is waiting for direction from the Treasury to establish cryptocurrency regulation.
2021-4-21 19:30 | |
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Major bitcoin exchange Binance has hired former U.S. Treasury official Brian Brooks, who oversaw pro-Bitcoin regulation while in office.
2021-4-21 16:35 | |
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Regulation has always been a real obstacle to mainstream adoption in the crypto arena. The message is coming across very loud and clear from a variety of market participants including Treasury Secretary to the US Janet Yellen who has publicly ripped into Bitcoin calling it an “inefficient way of conducting transactions”.
2021-3-23 21:30 | |
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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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U. S. Treasury Secretary Janet Yellen has reaffirmed that it is important to ensure that bitcoin and other cryptocurrencies are not used for illicit financing. In addition, she stresses the importance of regulating institutions that deal with bitcoin.
2021-2-20 22:30 | |
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The government of Spain continues to harden its stance against widely adopting cryptocurrencies. The Spanish Secretary of State for the Economy recently expressed her concerns on risks that she thinks cryptos possess for the national economy.
2021-2-17 07:00 | |
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A curated weekly summary of forward-focused crypto news that matters. This week, the incoming US Treasury secretary says crypto is due for some regulation, MicroStrategy buys more Bitcoin, and Ethereum hits an all-time high.
2021-1-25 14:01 | |
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Joe Biden’s pick to become the new U. S. Treasury Secretary, Janet Yellen, has clarified her stance on bitcoin and cryptocurrencies. This follows her remarks during a Senate hearing when she said that cryptocurrencies are mostly used for illicit financing.
2021-1-24 00:15 | |
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The official has spearheaded progressive technology regulation for the East coast city. The post Mayor Francis Suarez talks benefits of buying Bitcoin for Miami’s city treasury appeared first on CryptoSlate.
2021-1-16 20:57 | |
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The U.K. government is focusing on stablecoins for the next phase of its development of crypto regulations.
2021-1-12 19:18 | |
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3,257 comments have been submitted so far to FinCEN's midnight rulemaking. The post Congress Members Request Treasury to Extend Comment Period on FinCEN’s Latest Crypto Regulation first appeared on BitcoinExchangeGuide.
2021-1-3 17:34 | |
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The President’s Working Group on Financial Markets (PWG) has released a statement regarding the regulation of stablecoins. The group, which comprises representatives from the Treasury, the Federal Reserve, the SEC, and the CFTC, published the statement on December 23, focusing on US-issued stablecoins.
2020-12-24 17:28 | |
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The Financial Crimes Enforcement Network (FinCEN), a bureau of the U. S. Treasury Department, has unveiled its proposed rules on transactions involving cryptocurrency wallets. Experts in the crypto community have weighed in on what the new proposed regulation means, what crypto owners should do, and which wallets are affected.
2020-12-20 20:15 | |
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Over the past few weeks, the crypto industry has been ablaze with rumors of impending regulation on self-hosted Bitcoin, Ethereum, and altcoin addresses. The post Incoming U.S. Senator defends Bitcoin and crypto in conversation with U.S. Treasury appeared first on CryptoSlate.
2020-12-19 03:38 | |
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The Financial Crimes Enforcement Network (FinCEN), a top policy enforcement arm of the Treasury Department, has been rumored to be in the process of developing crypto regulations for a while. These rumors have now been given new life as the regulator recently posted two job listings for crypto advisers.
2020-12-18 20:08 | |
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Central bankers and finance ministers around the world have agreed on strong regulation of the cryptocurrency market in the recently concluded G7 meeting. According to the U. S. Treasury Department, the virtual meeting saw world G7 officials support the control and regulation of cryptocurrencies, and some countries will start implementing theirs soon.
2020-12-9 11:34 | |
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Late Wednesday night Coinbase CEO, Brian Armstrong took to Twitter to forewarn the crypto community about the plan of the US Treasury Secretary to “rush out some new regulation regarding self-hosted crypto wallets before the end of his term.
2020-11-27 20:36 | |
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Yesterday, the chief executive of top Bitcoin exchange Coinbase, Brian Armstrong, revealed that the U. S. Treasury is likely targeting Bitcoin. Armstrong elaborated that he thinks this could have extremely negative effects on the space.
2020-11-27 04:00 | |
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Janet Yellen wasn’t a fan of bitcoin when she ran the Fed. Her views as Treasury Secretary may shape crypto regulation over the next four years.
2020-11-25 21:08 | |
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Australia’s New South Wales Treasury Department has released a research paper looking into the regulation of blockchain and another emerging tech. According to the city’s authorities, catching up with the rapid technological progress could save New South Wales a significant amount of money in compliance costs.
2020-7-29 21:39 | |
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The US Treasury Department, along with important figures in the crypto industry, have met to discuss the regulatory challenges in the crypto space. On March 2nd, the Treasury made an announcement that it will be meeting with crypto experts and leaders in order to address the supervision and regulation of crypto assets. Steven Mnuchin, the […]
2020-3-4 21:33 | |
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As the cryptocurrency markets are in freefall, global cryptocurrency regulation appears to be turning bearish as well. While one SEC Commissioner proposes a “safe harbor” for cryptocurrency projects, the US Secretary of the Treasury announces “significant” new regulation.
2020-2-18 01:38 | |
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U. S. Treasury Secretary Steven Mnuchin remarked last week that a reported $1. 5 trillion in missing cash — mostly one hundred dollar bills — was “sitting in bank vaults all over the world.
2019-12-23 19:20 | |
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Andreessen Horowitz, a venture capital company focused on crypto innovation, brought several Washington regulators together to promote crypto adoption and discuss regulation. The May event includes representatives from the U.
2019-9-4 03:54 | |
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Echoing the concerns of US Treasury Secretary Steven Mnuchin, US Secretary of State Mike Pompeo stated that Bitcoin (BTC) posed a terrorism and money laundering threat.
2019-8-21 15:16 | |
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The United States Department of Treasury’s Office of Foreign Assets Control (OFAC) has shown a rekindled interest in regulating the cryptocurrency industry and enforcing the guidelines. The agency has hinted that regulating the cryptospace has become its top priority, and it could use an aggressive approach to sanitize the industry, reports Mondaq on August 13,Read MoreRead More.
2019-8-14 09:00 | |
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As the U. S. lawmakers and the Treasury Secretary consider implementing stringent regulations against cryptocurrency, Circle has packed its bags and moved offshore to Bermuda. Circle Moves to Evade Oppressive Regulation As regulatory pressure continues to stack up against cryptocurrency companies, Circle has announced that it is moving nearly 100% of its exchange operations offshore.
2019-7-23 22:15 | |
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Now that the U. S. Congress and Senate have finished their hearings with Facebook, U. S. Treasury Secretary Steven Mnuchin has set his regulatory sights on Bitcoin. Increased Regulation on the Table Again It appears that the aftermath of the US Congress and Senate Banking Committee’ hearings on Facebook’s Libra coin could present a new set of regulatory problems for cryptocurrency as a whole.
2019-7-19 00:00 | |
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On July 16, U. S. Department of the Treasury Secretary Steven Mnuchin gave a short press briefing discussing cryptocurrencies and the pressing need for regulation. A 28-minute slodge of alphabet agency soup, studded with calculated mentions of “terrorism” nearly every minute, casual observers were left confused.
2019-7-17 11:46 | |
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During the last few days, we have seen how many different relevant political figures in the United States have been attacking Bitcoin (BTC) and virtual currencies. Steven Mnuchin, U.S. secretary of the treasury and a former banker said that these digital assets are a national security issue. U.S. President Donald Trump has also written on […]
2019-7-16 18:26 | |
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In a recent briefing held by the U. S. Secretary of the Treasury Steven Mnuchin, the U. S. government revealed its stance on cryptocurrencies and the efforts it will carry upon to regulate Bitcoin because of its use in criminal activity and the threat it poses to the financial system.
2019-7-16 03:56 | |
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The bitcoin price surged to an intraday high on Monday after US Treasury Secretary Steven Mnuchin made a crucial comment during his surprise press conference on cryptocurrency regulation. Bitcoin Price Shoots to Daily High During Mnuchin Press Conference The flagship cryptocurrency, which traded down after Mnuchin referred to it as a “national security issue,” suddenly […] The post The Bitcoin Price Surged Because Mnuchin Made This Crucial Remark appeared first on CCN Markets
2019-7-16 22:36 | |
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Steven Mnuchin, the United States Secretary of the Treasury, just concluded an official briefing on crypto regulation and various security issues related to assets like bitcoin and Libra. Echoing the statement released by U.
2019-7-16 21:41 | |
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