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FTX Releases Regulatory Proposal in Response to Hearing Convened By U.S. Congresswoman
Key executives are set to be in the hot-seat when Congresswoman Maxine Waters (D-CA) Chairman of the House Committee on Financial Services chairs a hearing entitled: Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States. дальше »
2021-12-4 18:10 | |
South Korea Postpones Crypto Tax, Looking For Votes?
South Korean National Assembly Strategy and Finance Committee approved an amendment to delay to 2023 the taxation that imposes an annual 20% capital gains tax for crypto trading with over 2.5 million Won (US$2,125) in earnings, just after the same taxation had been rushed to happen in 2022 as the lawmakers said postponing it would […] дальше »
2021-12-4 02:58 | |
Paxos CEO says that the upcoming hearing on crypto regulation is an opportunity
Members of the crypto industry is sitting at the edge of their seats as the hearing on crypto regulation in front of the House Financial Services Committee is approaching. Paxos’ co-founder and CEO, Chad Cascarilla, spoke on the matter in a recent interview, offering his expectations on what might happen, and what might be next. дальше »
2021-12-5 13:43 | |
Top Crypto Execs to Testify Before House Committee Regarding Crypto Financial Innovation
Several top executives of cryptocurrency-related companies are expected to testify before the House Financial Services Committee on December 8. The post Top Crypto Execs to Testify Before House Committee Regarding Crypto Financial Innovation appeared first on BeInCrypto. дальше »
2021-12-2 16:24 | |
House committee announces crypto CEOs will testify at Dec. 8 hearing on digital assets
The hearing, "Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States," is the latest from Congress to explore the issues concerning crypto assets. дальше »
2021-12-2 23:02 | |
El Salvador’s Pro-Crypto President Bukele Criticizes The US Treasury For Uncontrolled Money Printing
El Salvador’s President Bukele cannot still get his head around the fact that the U.S. treasury keeps printing more money despite the ballooning inflation. Commenting on the FED’s Jerome Powell’s defense of his “transitory inflation claims” in a Senate Banking Committee hearing on Tuesday, the pro-crypto president expressed his distaste for how the Powell administration […] дальше »
2021-12-2 22:35 | |
Senate Banking Committee Seeking Additional Info on Stablecoins
The U.S. Senate Banking Committee has requested further information on stablecoins and how companies that issue them are protecting consumers. The post Senate Banking Committee Seeking Additional Info on Stablecoins appeared first on BeInCrypto. дальше »
2021-11-24 13:11 | |
ASC X9 Issues New Data Protection and Breach Notification Standard
The Accredited Standards Committee X9 Inc. (X9) has published a new standard, “Financial and Personal Data Protection and Breach Notification.” X9.141 is a two-part document... дальше »
2021-11-19 15:07 | |
What does the U.S Congress JEC think about Tether and Co.
The U. S Joint Economic Committee (JEC) held a hearing titled "Demystifying Crypto: Digital Assets and the Role of Government" on 17 November. The agenda? Exploring the "regulatory, policy and economicThe post What does the U. дальше »
2021-11-19 02:30 | |
RBA Official Involved in Crypto Since 2014, Fed Governor Says Stablecoin Shouldn’t Be Subject To The Same Rules As Banks
UBS Group’s Chairman says “governments will not tolerate” crypto becoming really big as the Joint Economic Committee chairman urges Congress to pass legislation to regulate it. The post RBA Official Involved in Crypto Since 2014, Fed Governor Says Stablecoin Shouldn’t Be Subject To The Same Rules As Banks first appeared on BitcoinExchangeGuide. дальше »
2021-11-19 00:44 | |
Bank of Russia shares requirements that a digital ruble must meet
Elvira Nabiullina, the Governor of the Bank of Russia, has disclosed that the central bank will only embrace a digital version of the ruble if it meets several conditions within pilot tests. Nabiullina spoke on this matter before the State Duma Committee on Financial Markets on November 15. дальше »
2021-11-19 18:58 | |
India’s crypto panel yet to agree on which regulator should oversee the sector
The Parliamentary Standing Committee wants government officials to appear before it to address existing… The post India’s crypto panel yet to agree on which regulator should oversee the sector appeared first on Coin Journal. дальше »
2021-11-17 13:33 | |
Indian Parliamentary Committee Meets With Crypto Industry, Open to Regulation
India’s Parliamentary Committee on Finance met with the country’s crypto industry experts and associations for the first time this week. The post Indian Parliamentary Committee Meets With Crypto Industry, Open to Regulation appeared first on BeInCrypto. дальше »
2021-11-17 22:40 | |
“Can’t Ban Crypto” — Indian Parliamentary Panel Finally Moves To Regulate Bitcoin
The Indian Parliamentary Standing Committee on Finance held its first-ever meeting on cryptocurrency and resolved that cryptocurrencies need not be banned in the country but regulated. However, they did not come clear on which authority should be mandated to regulate digital currencies. дальше »
2021-11-16 18:42 | |
Update To The Constituents Of BNC Liquid Index Series 15th November 2021
Brave New Coin Index Governance Committee announces the following changes to the constituents of the BNC Liquid Index Series. This change will affect the Ethereum Liquid Index (ELX). дальше »
2021-11-15 06:00 | |
Chinese Politician Expelled Following Promotion of Crypto Mining
Xiao Yi, an official of the Chinese Political Party, has been called out for alleged abuse of power. Xiao Yi, a former vice-chairman of Jiangxi provincial committee of Chinese People’s Political Consultative Conference has allegedly abused his power to lend credence to cryptocurrency mining activities, against the government ban on all mining activity. дальше »
2021-11-13 17:17 | |
India's Parliamentary Committee to meet crypto industry players on November 15
India’s Parliamentary Standing Committee on Finance has recently listed a notice for crypto players in the country. The agenda on the notice stated, "Hearing of the views of associations, industry The post India's Parliamentary Committee to meet crypto industry players on November 15 appeared first on AMBCrypto. дальше »
2021-11-11 18:00 | |
International Banking Committee Revises Crypto Asset Framework
The Basel Committee on Banking Supervision (BCBS) is looking to engage in further consultations to revise its crypto framework following responses from trade associations. The post International Banking Committee Revises Crypto Asset Framework appeared first on BeInCrypto. дальше »
2021-11-10 13:13 | |
Risk-on Assets Rally on Priced-in Tapering “Later this Month,” But Aggressive Rate Hikes Would Be “Extremely Bearish”
The US Federal Reserve has announced that it will soon begin reducing the speed of its monthly bond purchases. Tapering will start “later this month,” said the policymaking Federal Open Market Committee (FOMC) in its post-meeting statement. дальше »
2021-11-4 15:38 | |
Quarterly Rebalance Notice For The BNC-BTSE Composite Indices Q4 2021
Following approval from the BNC Index Committee, the BNC-BTSE Composite Indices will undergo their quarterly re-balance and re-constitution according to the updated constituent assets and weights found below. дальше »
2021-11-2 06:40 | |
Quarterly Rebalance Notice For The BNC Sector Indices Q4 2021
Following approval from the BNC Index Committee, the BNC Sector Indices will undergo their quarterly rebalance and reconstitution according to the updated constituent assets and weights found below. дальше »
2021-11-2 06:40 | |
Australian committee suggests measures to boost the crypto industry
The Select Committee on Australia as a Technology and Financial Centre, the panel in charge of reviewing the use of digital assets in Australia, believes the country needs a robust policy and regulatory framework to foster crypto adoption. дальше »
2021-10-22 22:40 | |
Australia to Push for A Cryptocurrency Framework to Promote Innovation and Investment
The Parliamentary committee chairman reviewing digital assets’ use says they don’t want to “put a new coat on an old hook,” and he is hopeful that crypto will “break the back” of de-banking. The post Australia to Push for A Cryptocurrency Framework to Promote Innovation and Investment first appeared on BitcoinExchangeGuide. дальше »
2021-10-21 21:25 | |
Liquid Index Series October 2021 Quarterly Review
Brave New Coin Index Governance Committee announces the following items discussed during the BNC October 2021 Quarterly Index Review. This change will affect the Bitcoin Liquid Index (BLX), Ethereum Liquid Index and XRP Liquid Index (XRPLX). дальше »
2021-10-20 01:30 | |
Sri Lanka Announces National Committee for Crypto Mining & Blockchain Technology
On Friday, October 8, 2021, Sri Lanka’s Department of Government Information published a press release that details a new initiative that will see a government-led effort to create a nationalized, “integrated system of digital banking, blockchain and cryptocurrency mining technology”. дальше »
2021-10-10 19:24 | |
Cryptocurrencies Pose Limited Risk To UK Financial Stability, Bank Of England Avers
The Financial Policy Committee of the Bank of England has today published a report on the financial stability in the U. K. , a report that also contains the position of the committee on crypto assets. дальше »
2021-10-8 18:00 | |
Sri Lanka to adopt crypto? Committee formed to study regulations and rules
The panel’s mandate will include exploring KYC processes, digital banking, blockchain for attracting investments, terrorism financing, and anti-money laundering. The government of Sri Lanka approved the formation of a panel to study the regulations and rules applicable to blockchain, digital banking, and crypto mining in other countries. дальше »
2021-10-8 12:24 | |
U.S. Federal Reserve has no intention to ban cryptocurrencies, Chairman Powell says
Speaking before the House Financial Services Committee, US Federal Reserve Chairman Jerome Powell, stated that the authority has no objective to ban cryptocurrencies. According to Powell, who responded to his earlier comments that cryptocurrencies could be replaced by a central bank digital currency (CBDC), the crypto market should be regulated in accordance with existing laws. дальше »
2021-10-3 20:07 | |
Last Chance For Bitcoin Holders To Take Advantage Of Crypto Tax Loophole Before 2022
Bitcoin holders have until the end of 2021 to reduce their tax obligations by selling assets at a loss and buying them back. The Ways and Means Committee is deliberating on closing this loophole and it could have grave financial repercussions for cryptocurrency traders. дальше »
2021-10-3 19:28 | |
US Senator puts pressure on SEC chair Gensler, says China’s crypto crackdown is a ‘big opportunity’ for America
Senator Pat Toomey of Pennsylvania said that China’s authoritarian crackdown on crypto should be taken as an advantage by the US. To seize the opportunity, the US regulators need to change their “regulation-by-enforcement” ways, according to the Banking Committee Ranking Member, Toomey, who recently pressured the Securities and Exchange Commission (SEC) Chairman Gary Gensler to […] The post US Senator puts pressure on SEC chair Gensler, says China’s crypto crackdown is a ‘big opportunity’ for America appeared first on CryptoSlate. дальше »
2021-9-27 19:00 | |
This is Bank of England's plan to clamp down on banks' exposure to crypto-assets
It hasn't been long since the Basel Committee commented on crypto-regulations by laying down some amendments. As per the same, it assigned a 1,250% risk weight to Bitcoin - Imposing upon banks the oblThe post This is Bank of England's plan to clamp down on banks' exposure to crypto-assets appeared first on AMBCrypto. дальше »
2021-9-25 03:30 | |
Bank of England Says Britain to Front-Run Rules on Crypto
The Deputy Governor of the Bank of England said they would front-run rules from the Basel Committee on capital backing of crypto assets. The post Bank of England Says Britain to Front-Run Rules on Crypto appeared first on BeInCrypto. дальше »
2021-9-24 00:45 | |
India: Panel to study the question of taxing cryptocurrency trading incomes
Cryptocurrency trading in India might soon be subject to a tax structure. The country's finance ministry is reportedly forming a committee to examine how income generated through crypto-trading activiThe post India: Panel to study the question of taxing cryptocurrency trading incomes appeared first on AMBCrypto. дальше »
2021-9-23 19:00 | |
Antonio Senatore Joins VeChain Foundation as new Steering Committee member
Antonio Senatore, CTO of Deloitte Global blockchain, was appointed as interim member of the Board of Steering Committee of the VeChain (VET/USD) Foundation. As CTO and head of the Deloitte EMEA Blockchain Lab, he is responsible for Deloitte Blockchain’s tech roadmap, infrastructure definition, technology research, lab technical architecture, and the lab technical operating model. дальше »
2021-9-18 17:24 | |
Sen. Warren Criticizes Ethereum Network’s High Transaction Fees
In a recent Senate Committee hearing, Democratic Senator Elizabeth Warren stated her concerns over high fees on the Ethereum network. The post Sen. Warren Criticizes Ethereum Network’s High Transaction Fees appeared first on BeInCrypto. дальше »
2021-9-16 00:15 | |
Republican Senators Push Back Against SEC Chairman’s Agenda
Republican Senators pushed back against the agenda that Securities and Exchange Commission Chairman Gary Gensler supported during his recent appearance before the Senate Banking Committee. The post Republican Senators Push Back Against SEC Chairman’s Agenda appeared first on BeInCrypto. дальше »
2021-9-16 20:45 | |
House Democrats Planning to Hike Tax on Crypto Assets in Infrastructure Bill
The trillion-dollar infrastructure bill has moved to the House to pass, and after fighting and losing in the Senate, another big fight is at the crypto industry’s door. Citing sources with the knowledge of the plans, Politico reported that Richard Neal, chairman of the House Ways and Means Committee, is the one preparing to add […] The post House Democrats Planning to Hike Tax on Crypto Assets in Infrastructure Bill first appeared on BitcoinExchangeGuide. дальше »
2021-9-14 16:49 | |
SEC Chair, Gary Gensler, Calls for Crypto Exchanges to Register with the Commission
In his prepared remarks for the Senate Committee on Banking, Housing, and Urban Affairs hearing, Gary Gensler is focusing on “large parts” of the crypto market — finance, issuance, trading, and lending — not operating within the regulatory frameworks. дальше »
2021-9-14 15:56 | |
National Australia Bank Observing Crypto As An ‘Emerging Issue’ After Being Accused of Refusing to Do Business with the Industry
Local crypto exchanges told a parliamentary committee exploring how to regulate the sector that none of the ‘Big Four’ banks, which control nearly 80% of the Australian market, would do business with them. дальше »
2021-9-10 17:10 | |
UAE Adopts Regulatory Framework for Crypto Assets
The National Committee for Combating Money-Laundering and Financing of Terrorism and Illegal Organisations of United Arab Emirates (UAE) endorsed a regulatory framework for crypto assets, said the central bank. дальше »
2021-9-9 17:46 | |
Правительство США сформировало консультативный орган по вопросам ИИ
В США создали комитет высокого уровня для консультирования президента Джо Байдена и других федеральных агентств по вопросам искусственного интеллекта. NEWS: @SecRaimondo announces establishment of high-level committee to advise @POTUS and other federal agencies on #ArtificialIntelligence. дальше »
2021-9-9 12:23 | |
SEC Chair Says $2.2T Crypto Industry Is At A Level That It Must Be Within A “Public Policy Framework”
According to Gary Gensler, who is set to testify before the European Parliament’s Committee on Economic and Monetary Affairs on Wednesday regarding crypto, DeFi isn’t really a new concept. It has “a fair amount of centralization” as such regulators can exercise authority over these decentralized platforms. дальше »
2021-9-1 16:37 | |