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New Hampshire bill proposes Bitcoin reserve for state treasury investments
New Hampshire State Representative Keith Ammon introduced legislation to create a strategic reserve of digital assets with an average yearly market cap of over $500 billion and US-pegged stablecoins to the state treasury, according to a bill introduced on Jan. дальше »
2025-1-11 21:25 | |
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Pennsylvania House moves to establish Bitcoin as a strategic reserve asset
The Pennsylvania House seeks to establish Bitcoin as a strategic reserve, aiming to hedge inflation and diversify state treasury assets. The post Pennsylvania House moves to establish Bitcoin as a strategic reserve asset appeared first on Crypto Briefing. дальше »
2024-11-15 20:21 | |
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$25 Million Drained From Compound (COMP) Treasury In Latest Governance Exploit Incident
The Compound Finance (COMP) treasury has been drained of $25 million in a recent governance attack, raising alarms about the state of decentralized governance in the decentralized finance (DeFi) ecosystem. дальше »
2024-7-30 09:00 | |
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Calls mount for Louisiana state to buy Bitcoin following BlackRock divestment
Bitcoin advocates have called for the Louisiana State Treasury to buy BTC after its announcement to divest roughly $794 million held with BlackRock. The post Calls mount for Louisiana state to buy Bitcoin following BlackRock divestment appeared first on CryptoSlate. дальше »
2022-10-6 15:45 | |
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US Secretary of State Tweets, Deletes Claim That Crypto Mixer Tornado Cash Is North Korea-Sponsored
U. S Secretary of State Antony Blinken raised eyebrows Monday when he tweeted that the U. S. Treasury Department had "sanctioned virtual currency mixer Tornado Cash, which is a U. S. -sanctioned, DPRK state-sponsored hacking group, used by the DPRK to launder money. дальше »
2022-8-8 20:16 | |
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US Treasury Secretary still skeptic about cryptocurrencies
Janet Yellen, the US Secretary of State, has expressed her criticism once more about the cryptocurrency sector. Yellen, and the Federal Reserve Chair, Jerome Powell, have remained skeptical of the crypto industry despite the high rate at which cryptocurrencies are being adopted in the US. дальше »
2022-3-26 16:33 | |
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The Biden Administration Proposes Tax on Unrealized Capital Gains With ‘Build Back Better’ Plan
Treasury Secretary Janet Yellen has proposed a tax on unrealized capital gains. Speaking on CNN’s “State of the Union” over the weekend, Yellen said this new tax would be levied on the very wealthy. дальше »
2021-10-26 18:41 | |
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US Government Concerned China’s Digital Yuan Could Threaten Dollar as the World’s Dominant Reserve Currency
The U.S. government is reportedly concerned that China’s digital yuan could threaten the U.S. dollar’s status as the world’s dominant reserve currency. Officials at the Treasury, State Department, Pentagon, and National Security Council are increasing their efforts to understand the implications of China’s central bank digital currency. Digital Yuan Could Be a Threat to US […] дальше »
2021-4-14 19:15 | |
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Spanish Treasury Secretary Says Cryptocurrencies Carry a ‘Risk of Default’, Repeats Bank of Spain’s Lack of Regulation Rhetoric
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. дальше »
2021-2-17 07:00 | |
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Miami Going Full Bitcoin: City Supports Efforts to Hold Bitcoin in Treasury, Allow Tax Payments in BTC
The U. S. city of Miami is going full bitcoin. The city commissioners have voted to support the mayor’s resolution to allow payments in bitcoin for salaries, taxes, and fees. The city also supports efforts to make bitcoin an acceptable currency for potentially investing in the state treasury. дальше »
2021-2-13 23:10 | |
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Власти Майами изучат интеграцию биткоина в финансовую систему города
Городская комиссия Майами проголосовала за изучение вариантов интеграции биткоина в муниципальную инфраструктуру. Об этом заявил мэр Фрэнсис Суарес. Exploring: • State legislative priority • Paying employees in Bitcoin • Investing City treasury in Bitcoin We got it done ✅ pic. дальше »
2021-2-12 13:36 | |
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Spanish Treasury Releases Guidelines to Minimize the Risk of Tax Evasion With Cryptocurrencies
The State Agency for Tax Administration of Spain published guidelines to reduce tax evasion for cryptocurrencies, such as bitcoin. The document is part of the general program of the so-called Annual Tax and Customs Control Plan. дальше »
2021-2-5 04:30 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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New Hampshire Lawmakers Introduce A Bill Seeking Approval For State-Level Crypto Tax Payments
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 […] дальше »
2019-1-24 12:41 | |
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A First: U.S. Treasury Makes Bitcoin Addresses Focal Point in Sanctions
For the first time, the U. S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has traced illicit bitcoin activity to the public addresses of two sanctioned individuals. дальше »
2018-11-29 21:41 | |
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Op Ed: SEC’s Latest Declaration Creates Legal Minefield for Digital Assets
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. дальше »
2018-11-21 01:44 | |
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Congressional Committee Calls for Clearer Crypto Tax Code in Letter to IRS
In an open letter to the Internal Revenue Service (IRS), the U. S. House’s Committee on Ways and Means argues that the tax collection body is leaving investors in the lurch with its vague cryptocurrency tax codes. дальше »
2018-9-21 23:35 | |
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US Treasury Urges Regulators to Back Off Blockchain and FinTech to Encourage Innovation
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 […] дальше »
2018-8-17 19:27 | |
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Kenya Has Two Weeks to Decide Whether to Regulate Cryptocurrencies
Kenya’s Treasury Secretary has been tasked with the responsibility of investigating the current state of cryptocurrency adoption in the country, which has so far been growing with no regulations. In a couple of weeks, he is to give his report to parliament, advising them how to proceed with regulating cryptocurrencies. дальше »
2018-7-5 21:25 | |
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