Key Takeaways As crypto has grown, regulators have become more interested in monitoring the space. Several U.S. agencies, including the SEC, CFTC, and OCC, are responsible for establishing rules for t...
Tag: Policy
China’s New Policy Shaves $26 Billion Off Meituan’s Market Value
(Bloomberg) — Meituan tumbled the most in nearly seven months after China issued new guidelines asking for food delivery platforms to cut fees, showing that investor angst over the nation’s tech...
Bukele Hits Back At “Boomer” US Senators For Questioning El Salvador’s BTC Policy
El Salvador’s President Nayib Bukele asked US senators to stay out of the country’s internal affairs after a group of them introduced legislation centered around El Salvador’s BTC policy. Bill To Stu...
Here Are Two Scenarios For Bitcoin Before FED Announces Changes In Policy
Bitcoin was rejected once more as it approached the mid area around its current levels. The first crypto by market cap has been trending to the upside over the past week but has been unable to break a...
PayPal to Limit Certain NFT Transactions: Updates Policy
American multinational company, PayPal, has revised its Seller Protection program to exclude non-fungible token (NFT) transactions that surpass $10,000. Limiting NFT Transactions According to PayPal’s...
Alibaba stock rising on gains on China & Hong Kong policy easing: here is where to buy
Alibaba stock has been slowly regaining ground after declining since mid-October 2020. The stock has been affected by a myriad of events including pressure by the US governments on Chinese companies o...
CNN Marketing Chief Allison Gollust Resigns As Probe Accuses Her, Jeff Zucker And Chris Cuomo Of Company Policy Violations
Topline CNN’s Chief Marketing Officer Allison Gollust has resigned from the company after an internal investigation found she had violated company policies by failing to disclose a workplace relations...
Billionaire Investor With ‘Very Big’ Bitcoin Position Says BTC Is Insurance Policy Against Economic Disaster
Renowned investor Bill Miller says that as Bitcoin (BTC) adoption spreads so will its functional roles as a store of value. Miller tells CNBC in a new interview that people will choose to ascribe valu...
Coinbase Hires Former SEC Official as VP of Global Regulatory Policy
The leading cryptocurrency trading venue appointed Scott Bauguess as the newest member of its policy team. The American spent 11 years as a top executive at the US Securities and Exchange Commission (...
Bill Miller: BTC Is Like an Insurance Policy
Bill Miller is arguably one of the biggest bitcoin bulls out there. Not long ago, he described the world’s number one digital currency by market cap as something of an insurance policy against financi...
Indian Finance Ministry & Central Bank in ‘Complete Harmony’ on Crypto Policy
The Reserve Bank of India (RBI) and the Indian Ministry of Finance are in “complete harmony” on cryptocurrency policy, according to the finance minister. “With RBI and the Ministry, not just on crypto...
Russia’s Financial Policy Proposes Recognition Of Crypto As A Form Of Currency
Russia, one of the world’s most powerful economies, is setting up a financial policy that, when implemented, will recognize digital assets, including crypto, as a form of currency alongside fiat...
China’s zero-Covid policy ‘won’t work’ with omicron: Epidemiologist
China’s strict zero-Covid approach won’t be able to limit the spread of the highly infectious omicron variant, according to a U.S. epidemiologist. Beijing may not be able to use the same &...
The next ‘pain trade’ could be on the horizon as investors crowd into bets pegged to Fed monetary policy
Investors may be set up for the next so-called “pain” trade, with market participants increasingly coalescing around expectations that Federal Reserve needs to act aggressively to combat persistent U....
Government Official Discusses Indian Crypto Policy, Global Regulations, G20 Meeting – Regulation Bitcoin News
India’s economic affairs secretary, Ajay Seth, has provided an update on what the Indian government is doing in terms of finalizing cryptocurrency legislation. He expects crypto regulation to be discu...
IRS Offers Tezos Staker Refund on Rewards Tax in Break From Current Policy
In 2019, Joshua Jarrett paid income tax on 8,876 Tezos tokens he earned through staking. In 2020, Jarret asked the IRS to return the taxes he paid, arguing that the tokens were not income, but rather ...
Is Lia Thomas Finished? New USA Swimming Policy Means Big Changes
Lia Thomas, a transgender woman, swims for the University of Pennsylvania at an Ivy League swim meet … [+] against Harvard University in Cambridge, Mass. on January 22, 2022. Photo by Joseph Pre...
Key policy issues around crypto mining in the U.S.
On Jan. 27, a group of eight U.S. lawmakers, led by Senator Elizabeth Warren, sent letters to the world’s six largest Bitcoin mining companies, demanding to reveal the detailed data on their electrici...
Some Salvadorans Remain Behind Bukele’s Bitcoin Policy Despite Warnings
Some Salvadorans have expressed support for their country’s adoption of Bitcoin as legal tender, per France 24. “It has been a very, very good experience and increased our sales. It has t...
Russian President Requests Consensus on Conflicting Crypto Policy
President Vladimir Putin is asking for consensus on cryptocurrency policy between conflicting approaches by Russian authorities. During a recent government meeting, Putin requested that the Ministry o...
Fed will raise its policy interest rate above the inflation rate ‘sooner rather than later,’ says ex-governor Quarles who resigned last month
Former Federal Reserve Governor Randal Quarles said Tuesday that he thinks the Fed will move swiftly to raise its policy interest rate above the inflation rate because that is the only way to defeat i...
What’s Next For Fiscal And Monetary Policy?
The COVID-19 pandemic has had significant impact on our domestic economy. It comes as no surprise that the ongoing pandemic will continue to influence our economic policies for years to come. The chal...
Coinbase hires former SEC counsel to serve as senior public policy manager
advertisement Crypto exchange Coinbase has hired a Securities and Exchange Commission official as its senior public policy manager. Thaya Knight was, until this month, counsel to SEC commissioner Elad...
White House To Release New Crypto Policy Through Executive Order
The Biden administration is currently working on an executive order which might be issued next month, to establish an initial government-wide approach towards digital assets. Biden’s Executive Order ...
The US Gears Up to Bring a Holistic Crypto Policy to Remain Competitive
In order to make sure that the US doesn’t fall behind in the cryptocurrency revolution, the Biden-led administration is working hard to come up with a holistic strategy to define the digital assets an...
As rugs are pulled and tokens fight to be top gainers, is CoinMarketCap due a policy update?
Coin developers and founders know all too well the siren-like allure of CoinMarketCap. Or more specifically, the crypto ranking website’s “Biggest Gainers” section where it’s common to see tokens rall...
Bitcoin (BTC) Heads towards sub-$30,000 as the FED’s January Policy Decision Nears
Bitcoin (BTC) and the broader market were back in the deep red on Saturday. A 4th consecutive day in the red saw Bitcoin visit sub-$35,000 levels for the first time since 25th July. On the day, Bitcoi...
Lawmakers explore Bitcoin mining efficiency, broader crypto policy issues during Congress hearing
On Jan. 20, the Oversight and Investigations subcommittee of the U.S. Congress House Energy and Commerce Committee convened a hearing to investigate the environmental effects of cryptocurrency mining....
China’s zero-Covid policy a burden to domestic and global economy
The International Monetary Fund’s managing director said Friday that China’s zero-Covid policy is increasingly looking like a “burden,” which is impinging economic recovery bot...
Biden’s Foreign Policy Response Must Change—Or Is It Too Late?
A mortal crisis is brewing internationally. For the first time since the Cold War we are faced with powerful adversaries who are determined to fundamentally alter the global status quo and have the me...