US Jobs Report Shows Gain of 428,000, Adding to Price Pressures

Friday's Labor Department report showed that employment growth slowed but it's still high enough worry the Federal Reserve about a too tight labor market. дальше »

323 +

California set to create comprehensive crypto regulatory framework as Governor signs Executive Order

California Governor Gavin Newsom has signed an executive order on cryptocurrencies to create a comprehensive regulatory framework for the industry.  The order will see the Governor’s Office of Business and Economic Development work with other departments like the Department of Financial Protection and Innovation and California’s Business, Consumer Services, and Housing Agency to develop an […] The post California set to create comprehensive crypto regulatory framework as Governor signs Executive Order appeared first on CryptoSlate. дальше »

249 +

Senator’s Financial Freedom Act would ensure Bitcoin can be in your 401(k)

The bill is a response from the Alabama Senator to Senator Warren and the Department of Labor’s bid to block Bitcoin investments in self-directed 401(k) investment plans. дальше »

251 +

Elizabeth Warren Echoes Labor Dept. Concerns About Fidelity’s Plan for Bitcoin in 401(k) Retirement Plans

U.S. Sen. Elizabeth Warren has joined the Department of Labor in expressing concerns about Fidelity Investment's plans to offer bitcoin in its 401(k) retirement plans. дальше »

223 +

30% On Crypto Gains Not Enough; India To Tax DeFi Now

The Indian Government now wants to levy additional taxes on crypto by extending it to gains made from Decentralised Finance (DeFi). After the introduction of the 30% tax and 1% tax deducted at source (TDS), the tax department of India shall scrutinise interests earned on cryptocurrencies from platforms outside of India. The government wishes to […] дальше »

543 +

New York Department of Financial Services urges crypto firms to use blockchain analytic services

New York’s Department of Financial Services (NYDFS) has issued guidelines on the use of Blockchain analytics to all licensed crypto startups within New York. Through a letter addressed to all digital currency entities licensed under the New York Banking Law (23 NYCRR Part 200), the government agency emphasized the importance of blockchain analytics in conducting […] дальше »

486 +

Labor Department Skeptical of Fidelity’s Bitcoin 401(k)s

A top official with the the agency in the Labor Department that is tasked with regulating and overseeing companies in their management of employees’ retirement accounts has expressed concerns with... дальше »

380 +

US Labor Department Has ‘Grave Concerns’ Over Fidelity’s Bitcoin Pension Plans

The proposal by Fidelity Investments to let clients put bitcoin into their 401(k) plans poses a danger to the financial security of Americans, the Department of Labor has said. The post US Labor Department Has ‘Grave Concerns’ Over Fidelity’s Bitcoin Pension Plans appeared first on BeInCrypto. дальше »

399 +

US Labor Department Has ‘Grave Concerns’ About Fidelity’s Plan for Bitcoin in 401(k) Retirement Plans, Wall Street Journal Reports

The Labor Department is scheduled to meet with Fidelity to express concerns. дальше »

431 +

U.S. Sanctions More North Korean ETH Addresses Over $600M Ronin Hack

The U. S. Department of the Treasury last week connected North Korean hacking organization Lazarus to an ETH wallet used in last month’s $622 million Ronin Network hack, a sidechain established for the play-to-earn game Axie Infinity. дальше »

379 +

US Treasury Dept sanctions 3 Ethereum addresses allegedly linked to North Korea

The government department hinted that the addresses were added to the list in an effort to stop North Korea from evading sanctions imposed by the United States and United Nations. дальше »

371 +

Bitcoin Holds Steady As US Extends Sanctions Against Russia To Cryptocurrency Mining

Sanctions are being imposed on cryptocurrency mining companies for the first time in history. The US Treasury Department announced that it is taking action against virtual currency mining companies across Russia. дальше »

303 +

U.S. Unleashes New Sanctions Against Russian Oligarchs, Bank And Crypto Miner BitRiver

The US Department of the Treasury is targeting companies, oligarchs, and bitcoin miners operating in Russia for the first time ever as the country’s conflict on Ukraine enters its third month. Treasury officials announced Thursday that the department is now pursuing the Russian commercial bank Transkapitalbank, as well as a network of more than 40 […] дальше »

439 +

U.S Treasury Sanctions Russian Bitcoin Miners

The Treasury department announced sanctions against companies and individuals who enable fiat payments or infrastructure for bitcoin mining in Russia. дальше »

303 +

Crypto Asset Regulations Are A Priority For India, Says IMF Official

A senior spokesperson of the International Monetary Fund (IMF) highlighted India’s preference to regulate crypto assets and ranked this issue as a medium-term priority.   Tobias Adrian, the Financial Counselor and Director of IMF’s Monetary and Capital Market Department, explained IMF’s point of view on India as “a fairly positive one” and stated: I think there […] дальше »

404 +

UK Regulator FCA Names Interim Head for Digital Assets Unit

The U.K.'s Financial Conduct Authority appointed Victoria McLoughlin as interim head of its digital assets department. дальше »

262 +

North Korean hackers behind $625 million Axie heist

The US Treasury Department has linked an Ethereum wallet to a North Korean hacking group for the theft of $625 million; here is all you need to know.   A rise in crypto-heists As the popularity and use of cryptocurrencies soar, several issues are springing up with cryptocurrency use. дальше »

562 +

US claims North Korea’s ‘Lazarus Group’ responsible for Axie Infinity hack

The United States Treasury Department has claimed that the North Korean hacker group Lazarus is responsible for the $625 million hack of the Axie Infinity Ronin bridge. The post US claims North Korea’s ‘Lazarus Group’ responsible for Axie Infinity hack appeared first on CryptoSlate. дальше »

467 +

North Korean Lazarus Group allegedly behind Ronin Bridge hack

Treasury Department updates SDN list to ostensibly tie infamous hacker group to last month’s mega-heist.

513 +

White House in Damage Control Mode as Crypto Markets Brace for 8%-Plus Inflation

White House blames Russia's war on Ukraine for the extraordinary elevated inflation to be revealed by Tuesday's data from the Labor Department. Will markets agree? дальше »

307 +

Bitcoin is a Strategic National Security Opportunity Says Paper

“The current dollar system is increasingly working against our national interests,” says Matthew Pines, a project manager for the Cadmus team supporting the Department of Homeland Security (DHS). In a... дальше »

278 +

New York Senate Authorizes NYDFS to 'Assess' Crypto Companies

The New York State Senate is boosting the state’s Department of Financial Services (NYDFS) efforts to oversee the cryptocurrency sector. The Senate passed its fiscal year 2023 budget early Saturday, which included a provision tasking NYDFS with developing a new “assessment” or charge for the cryptocurrency companies it oversees to bring its oversight mandate in virtual currencies in line with how the regulator oversees more traditional banks and financial services firms. дальше »

372 +

Yellen alleges crypto has not been used for significant Russian sanctions evasion so far

The U.S. Treasury secretary emphasized the department’s crypto monitoring efforts at a House Financial Services Committee hearing Wednesday. дальше »

533 +

U.S. prosecutors secures $34 million crypto assets forfeiture

The US Department of Justice had announced that it had secured the biggest cryptocurrency forfeiture after a South Florida resident forfeited $34 million worth of cryptocurrency tied to illegal dark web activities. дальше »

439 +

Nevada Man Pleads Guilty In $722 Million Bogus Crypto Investment

A Nevada man has acknowledged to participating in the money laundering plan for the Bitclub Network, a $722 million fake crypto operation. Gordon Brad Beckstead of Henderson, Nevada, pled guilty Friday in connection with the Bitclub Network scheme, the US Department of Justice reported. дальше »

318 +

DOJ initiates first NFT rug-pull prosecution with charges against Frosties founders

In a landmark decision, the Department of Justice has announced that it’ll be prosecuting two men over their involvement in the Frosties NFT rug pull. The post DOJ initiates first NFT rug-pull prosecution with charges against Frosties founders appeared first on CryptoSlate. дальше »

407 +

The Unnoticed OFAC Budget Ask in Last Week's Crypto Congressional Hearing

U.S. Sen. Elizabeth Warren wants to task the Biden administration and Treasury Department with monitoring crypto transactions for fear of sanctions violations. The two Treasury agencies that would do so might already have the authority they need – but not the money. дальше »

347 +

Fiat – Not Crypto – Still The Top Choice For Financial Crimes, US Treasury Says

Fiat, a government-issued currency, is still the best choice of financial criminals. Concerns have always centered on the possibility of crypto assets being used for nefarious reasons, however the US Treasury department just released something that dispels these anxieties. дальше »

366 +

UK’s FCA Hiring Crypto Director

301 +

Scam Victim Gets Back Bitcoin Worth $500K From U.S. Authorities

The US Department of Justice has successfully returned to an elderly person the bitcoin stolen by a government imposter. US Attorney Dena J. King announced Tuesday “the forfeiture and return of stolen cryptocurrency to [an] elderly man victimized by government imposter scam. дальше »

256 +

Russia sanctions could push other countries to develop their CBDCs

Banking executive Hiromi Yamaoka believes that the conflict in Ukraine could influence central bank digital currencies (CBDCs) policy globally.   The former head of payments and settlements department at the Bank of Japan sees countries such as China exploring CBDCs to counter the dominance of US dollars. дальше »

447 +

UK gets serious with regulatory focus as it recruits head of new crypto department

The UK’s financial regulatory body, The Financial Conduct Authority (FCA), has set its sights on crypto in a week filled with news on crypto regulation. The post UK gets serious with regulatory focus as it recruits head of new crypto department appeared first on CryptoSlate. дальше »

289 +

UK financial watchdog seeks crypto talent amid new crackdown

The FCA is planning to collect applications for its new role as head of the department of digital assets by early April.

245 +

US Creates New Crypto Task Force To Choke Flow Of Russian Billionaires’ Money

As the United States and its allies intensified sanctions on Russia for its invasion of Ukraine, the US Justice Department reports the creation of a new task force that will go after crypto exchanges helping move Russian oligarchs’ money. дальше »

348 +

Canadian Cops Confiscate Bitcoin Worth Over $28 Million From Ex-Gov’t Employee

Sebastien Vachon-Desjardins — a former Canadian government IT professional — was charged with conspiracy to commit computer and wire fraud, and other offenses in a federal court in Florida, the US Department of Justice said Friday. дальше »

428 +

Treasury Department Issues Guidance on Using Crypto to Evade Sanctions

The White House said earlier in the day that such guidance would be forthcoming. дальше »

370 +

The US Labor Department Sounds Stern Warnings Against Including Cryptocurrencies In Retirement Funds

The Labor Department has warned firms to think carefully before adding cryptocurrencies to their investment options for 401(k) plans. дальше »

298 +

Justice Department Will Prosecute Banks, Crypto Exchanges That Help Russians Hide Assets: Report

A new task force has been created to freeze or take the assets of Russians that have been sanctioned following the invasion of Ukraine. дальше »

250 +

US Department of Labor says crypto in retirement plans will attract legal attention

The level of cryptocurrency adoption in the United States has grown to record highs over the past year. Institutional adoption has also skyrocketed, and this has created worry among federal agencies that retirement funds could be at risk due to the high volatility of the cryptocurrency market. дальше »

326 +

Crypto Could Be Bad For Retirement Savings Plans, The US Labor Dep’t Warns

Retirement plan members should exercise caution before adding crypto to their 401(k) plan’s investment options, the US Department of Labor warned Friday. The warning comes a day after US President Joe Biden signed an executive order establishing a government-wide effort to develop policies for bitcoin and other related assets. дальше »

285 +

US Department of Labor Urges ‘Extreme Care’ Before Adding Crypto to 401(k) Plans

The department warned that cryptocurrency investments present “significant risks and challenges to participants’ retirement accounts.” дальше »

355 +

Biden’s Executive Order Calls for ‘Highest Urgency’ on CBDC Research and Development

The President has called on the Treasury Department to spearhead a series of reports looking into CBDC technology and how to implement them – ”if doing so is deemed to be in the national interest.” дальше »

209 +

Inflation, Tracked by Bitcoiners, Keeps Accelerating, and It Hasn't Even Peaked

The Consumer Price Index (CPI) report, due out from the Department of Labor's Bureau of Labor Statistics at 8:30 a.m. ET on Thursday, is expected to show inflation ticked up to 8% in February, a fresh four-decade high. дальше »

283 +

Treasury Secretary reveals positive tone for crypto executive order

US Treasury Secretary Janet Yellen has given hints about how the Treasury Department will implement the executive order on crypto expected from President Joe Biden this week.  Secretary Yellen reveals readiness to implement pro-crypto executive order In a statement issued by the department late Tuesday and subsequently removed, she stated that: “Biden’s historic executive order […] The post Treasury Secretary reveals positive tone for crypto executive order appeared first on CryptoSlate. дальше »

376 +

Senator Warren seizes on fears over crypto and sanctions with new bill

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. дальше »

284 +

Treasury Department Launching Crypto Education Initiative: Report

The initiative centers around informing the public about the potential risks of investing in crypto. дальше »

332 +

U.S. Department of Justice to set up task force to enforce Russia sanctions

The United States Department of Justice will be creating a task force saddled with enforcing sanctions against the richest Russians and their assets in the United States The United States sets up a new taskforce The interagency task force is part of the grand effort to pressure Russia over its invasion of Ukraine. дальше »

463 +

U.S Senate Panel Pushing Treasury’s Yellen To Ensure Russia Doesn’t Use Crypto To Bypass Sanctions

With the risk of Russia dodging the roils of Sanctions placed upon it by Western nations using cryptocurrencies increasingly becoming real, some senate democrats are now questioning how the Treasury Department plans on preventing Russia from bypassing sanctions. дальше »

379 +

US Treasury Dept lists digital currencies as part of effort to sanction Russia’s government

The Treasury Department guidelines equated crypto transactions to “deceptive or structured transactions or dealings” in attempting to evade U.S. sanctions. дальше »

780 +

US Treasury Department Formally Adds Crypto Rules to Russian Sanctions Guidance

U.S. officials also hope crypto exchanges will block sanctioned individuals regardless of where they're headquartered. дальше »

306 +