2023-6-14 19:44 |
As the Treasury Department studies a possible central bank digital currency, senior official Graham Steele says the effort is looking at privacy, but is also wary of CBDC run risks.
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Several American lawmakers voiced their concerns to the U. S. Treasury regarding a proposed taxation scheme for digital assets in a Nov. 15 letter, citing its potential to stifle innovation and adversely affect the digital asset ecosystem.
2023-11-16 03:15 | |
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The Blockchain Association and DeFi Education Fund have filed an amicus brief calling the U. S. Treasury Department’s decision to sanction Tornado Cash “unprecedented and unlawful. ” Until OFAC imposed sanctions, Tornado Cash was the most popular privacy-protecting tool on Ethereum, the world’s second-largest digital asset platform.
2023-6-3 00:30 | |
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The Treasury is still adamant it will regulate digital assets like financial services but its plans will rely on parliamentary support.
2023-5-19 10:00 | |
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Kenya's Finance Ministry, the National Treasury, has proposed a 3% tax on the transfer of digital assets for the coming budget year.
2023-5-5 03:20 | |
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The Poloniex crypto exchange has agreed to pay $7.6 million to settle claims that it permitted users in sanctioned nations to trade digital assets on its platform. According to an announcement by the US Treasury’s Office of Foreign Assets Control…
2023-5-2 13:25 | |
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Nellie Liang, the U.S. Treasury Department's undersecretary for domestic finance, doesn’t believe that the digital assets sector should be blamed for the runs on Silicon Valley Bank (SVB) and Signature Bank that led to their quick demise earlier this month.
2023-3-30 22:19 | |
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A recent study by the United States Treasury revealed that the introduction of central bank digital currency (CBDC) could potentially destabilize the banking sector while also having the potential to boost household welfare.
2023-3-24 18:30 | |
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When integrated into the economy, a central bank digital currency or stablecoin would compete with bank deposits to the public benefit, at least until a financial crisis.
2023-3-23 00:15 | |
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The UK is increasing its oversight concerning cryptocurrencies and matters of taxation, this time adding a separate category for digital assets in the tax forms. The changes by His Majesty’s Treasury – expected to be included in the tax period 2024-25 in the self-assessment tax forms – require that the amounts concerning crypto assets be […]
2023-3-20 22:25 | |
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Australia's central bank and Treasury have held meetings with international crypto industry executives on the future of digital assets and regulation in the nation.
2023-3-16 13:11 | |
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The Treasury’s statements explore the potential forms and implementations of an American CBDC.
2023-3-3 00:04 | |
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Treasury Under Secretary for Domestic Finance Nellie Liang examined some of the design issues that would shape a potential U.S. digital dollar.
2023-3-3 23:45 | |
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The US treasury has announced to preside over the digital dollar advancements by leading the group of US-based entities currently working on the project. The United States Treasury Undersecretary for Domestic Finance, Nellie Liang, announced that the US treasury would…
2023-3-2 15:57 | |
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Nellie Liang, the U.S. Treasury Department's undersecretary for domestic finance, suggested that the federal government’s work on a potential digital dollar is accelerating, saying leaders from various agencies and White House offices are starting meetings in the “coming months.”
2023-3-1 21:13 | |
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Yield Guild Games (YGG/USD) has raised $13. 8 million in a token sale led by DWF Labs, the investment arm of high-frequency trading platform Digital Wave Finance (DWF). The token purchase, which was from the YGG treasury, also attracted the participation of a16z Crypto, Galaxy Interactive, Sanctor Capital, and Sangha Capital Fund.
2023-2-22 09:04 | |
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HANetf co-founder & co-CEO Hector McNeil was commenting on the UK Treasury and Bank of England’s recent announcement regarding a digital pound. McNeil says “cash is on decline” and that the “future of finance and money is digital.
2023-2-14 21:16 | |
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The UK has moved one step closer to launching a CBDC with a consultation paper outlining the proposed digital pound. The Central Bank and Treasury hope to launch a digital pound by 2025. AftThe post UK takes another step towards crypto regulation with 'Britcoin' proposal appeared first on AMBCrypto.
2023-2-8 14:30 | |
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Yesterday, the Bank of England and the UK Treasury published a consultation paper on the digital pound, a U. K. Central Bank Digital Currency (CBDC) – mentioning Ripple’s technology at one point.
2023-2-8 12:00 | |
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The Bank of England and HM Treasury published the consultation paper for a Digital Pound on Tuesday, 7 February 2023. The central bank digital currency (CBDC) is envisioned as digital money to work alongside, not replace cash and that households and businesses can use in their everyday life.
2023-2-8 20:10 | |
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As part of the build-up process to the launching of the central bank digital currency, the U.K.’s Treasury and the Bank of England are expected to present a progress report on Feb. 7.
2023-2-8 17:22 | |
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The U.K.’s Bank of England will start research and development on a digital pound which it and the Treasury think will likely be needed in the future, in a consultation expected to be introduced on Tuesday.
2023-2-7 01:30 | |
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The Bank of England (BoE) and His Majesty’s Treasury will introduce a roadmap to build a central bank digital currency (CBDC) next week, The Telegraph reported on February 4. The BoE and Treasury are looking to launch a four-month consultation in which businesses, academics, and the wider public will be invited to share views on the […] The post UK looks to launch digital pound by 2030, roadmap to be released soon appeared first on CryptoSlate.
2023-2-5 14:47 | |
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The digital pound roadmap is reportedly set to be introduced next week, along with a joint public consultation.
2023-2-6 00:16 | |
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The U.K.'s HM Treasury posted a job advert for a head of central bank digital currency (CBDC) on Indeed on Jan. 24, 2022.
2023-1-27 21:25 | |
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The team lead will determine the “strategic direction” for Treasury’s efforts to develop a digital pound in line with the U.K. government’s agenda.
2023-1-25 23:00 | |
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The country's government will introduce a consultation on its CBDC in the coming weeks.
2023-1-25 20:18 | |
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Alongside its interest in increasing crypto adoption in its region, the United Kingdom is now planning to launch its own stablecoin – a digital pound, according to Andrew Griffith, an economic secretary to the UK Treasury.
2023-1-12 19:30 | |
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Coinspeaker Treasury Yields Bounce Setting Pace for Stock Market Growth The ripple effect of the bearish sentiment in the US stock market has also contributed to the encompassing slump in the digital currency ecosystem.
2022-12-19 15:50 | |
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U.S. Republican Representative Patrick McHenry called for clarification on a “poorly” written digital asset tax provision in a letter to the Treasury.
2022-12-17 08:47 | |
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This comes after the U.S. Treasury Department recommended issuing a digital dollar in September
2022-11-15 18:22 | |
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The payments operator responded to a Treasury inquiry related to the presidential executive order with an appeal to keep bank interests in sight when designing digital assets.
2022-11-11 21:45 | |
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The BPI took on the U. S. Department of Treasury’s challenge. Treasury requested public comment on digital assets’ national security implications, and the Bitcoin Policy Institute answered with a bomb of a document.
2022-11-5 05:31 | |
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NFT regulation in the U.K. is “essentially non-existent,” according to the DCMS committee, and MPs intend to evaluate the assets before a review by the treasury department. Seeking Public Opinion on NFTs The UK’s Digital, Culture, Media and Sport Committee…
2022-11-5 02:00 | |
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The Treasury Department was downbeat on crypto in two publications produced in response to the president’s executive order on digital asset development issued in March.
2022-9-17 23:39 | |
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Treasury Secretary Janet Yellen said that while there are risks to digital assets, there could be significant opportunities. Treasury Shares Crypto Reports Six months after President Biden signed an executive...
2022-9-17 17:05 | |
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The White House and federal agencies, including the U.S. Treasury Department, laid out in greater detail what they see as concerns around digital assets, as well as possible benefits, but specific regulations are still yet to come.
2022-9-16 13:00 | |
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The U.S. Treasury Department will advise the federal government to press forward on work to issue a digital dollar, though it should only take the final step if there’s sign-off that the government-created tokens are in the “national interest,” according to a person familiar with a report emerging soon.
2022-9-9 23:02 | |
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Australia has vowed to improve its crypto-assets regulatory system through “token mapping” to provide greater customer protections and stay ahead of the digital evolution curve. Unveiling the plan on Monday, the country’s treasury noted that despite the number of taxpayers interacting with Bitcoin, Dogecoin and other crypto assets skyrocketing since 2018, regulations in the sector […]
2022-8-25 18:48 | |
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The United States Treasury Department suspects that crypto exchange Kraken has violated the United States sanctions by allowing users from sanctioned regions to trade digital tokens and opened a federal investigation to reveal the truth, The New York Times reported.
2022-7-29 21:13 | |
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Rio de Janeiro’s secretary of finance and planning, Andrea Senko, recently revealed in an interview that her team is looking to spur the adoption of Bitcoin (BTC) by adding the digital asset to the city’s treasury portfolio.
2022-7-27 15:30 | |
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President Joe Biden's executive order on crypto from March directed the Treasury Department to take the lead among other government agencies in developing policy recommendations.
2022-7-13 00:24 | |
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Per a press release from the U. S. Treasury, crypto and digital assets should have equal international regulations. The government agency published a “Framework for International Engagement on Digital Assets” following an executive order (EO) from U.
2022-7-8 18:00 | |
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The Treasury report was required under President Joe Biden’s executive order on digital assets issued in March.
2022-7-8 00:40 | |
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The U.S. Treasury Department published a fact sheet outlining a framework on digital asset regulation. It is the first publication to result from U.S. President Joe Biden's executive order on digital assets.
2022-7-8 23:08 | |
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Marathon Digital is among the few miners to not have sold any of its bitcoin treasury during the latest market crash, but how long will that last?
2022-7-7 22:30 | |
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U.S. Treasury Secretary Janet Yellen is meeting with the CEOs of Wall Street banks Thursday to discuss the global economy and U.S. inflation, while also raising “the need for responsible innovation in digital assets,” according to the Treasury Department.
2022-6-16 19:22 | |
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The U. S. Treasury Department is progressing toward addressing the anonymity of unhosted crypto wallets as part of Joe Biden's wider strategy to tackle illicit finance involving digital assets. The post U.
2022-6-13 02:00 | |
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A head of the Treasury would not recommend investing the retirement money into digital assets “to most people.”
2022-6-11 10:40 | |
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In response to the recent collapse of controversial crypto project Terra, Britain is looking into ways to ensure stablecoins don’t threaten their wider financial system. Her Majesty’s Treasury printed a new consultation paper on Tuesday, May 31, 2022, regarding minimizing the risks of the possible collapse of stablecoins and many more digital currencies by utilizing […]
2022-6-2 01:06 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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Could CBDCs’ transparency effectively track and curb the $3 trillion illicit financial flows? Let’s find out. The world faces a staggering challenge: illicit funds and money laundering. In 2023, over $3 trillion illicitly flowed through the global financial system, according…
Most of the early recipients immediately transfer the digital yuan balances to their bank accounts to spend as cash.
Yao Qian is reportedly being investigated for "violations of discipline and law."
Центральный банк Таиланда сообщил, что в октябре 2023 года успешно завершил пилотную программу по тестированию цифрового тайского бата (CBDC), однако регулятор еще не готов к его запуску.
The consultation paper asked New Zealand citizens to respond on the digital cash design, whether or not interest should be paid and if there should be holding limits.
The country's central bank does not plan on issuing a retail version of the digital currency.
The country's Central Banker says fiat money is more credible than stablecoins because it has the power of government behind it.