The recent $100 million cryptocurrency theft from Harmony, a US blockchain business that created the Horizon Bridge key (a service that connects two blockchains and allows users to transfer cryptocurr...
Tag: Regulation
U.S. Treasury Published Framework For Crypto Regulation
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 ...
US Treasury calls for global crypto regulation, development of CBDC
The U.S.treasury claimed that the U.S. should work with its global allies to create a global crypto regulation. The news release cited that this would be only logical for a global and decentralized as...
The IRS audited ex-FBI director James Comey and former deputy Andrew McCabe. What are the odds?
In recent years, the Internal Revenue Service has been processing around 150 million to over 160 million tax returns annually, doing the work with a shrinking staff and an inflation-adjusted budget th...
US Treasury Releases ‘Framework’ for Cooperation on Crypto Regulation
The United States Treasury has published a framework for international cooperation on crypto interactions. The framework focuses on global cooperation on several aspects of the crypto market, and also...
Vanguard to Pay Massachusetts Investors Millions Over Target-Date Fund Tax Hit
Vanguard will pay $6.25 million as part of settlement with Massachusetts’ state securities regulator over allegations that changes it made to certain target-date funds stuck investors with unexpectedl...
Crypto regulation in Europe: between licit and illicit activities
The European legislature is moving across the board to regulate anything that may have to do with cryptocurrencies and, more generally, with all crypto-assets. The aspects that seem to be closest to t...
US Treasury Sends In The Crypto Regulation Framework To The President
Editors News A framework for international collaboration delivered to US president Biden. The framework intends to promote technological advancements. The U.S. Treasury announced on Thursday, that it ...
Ripple CEO Says WSJ Article Should Prompt U.S. Congress to Stop SEC Chairman’s Methods of Crypto Regulation
– Advertisement – Garlinghouse has slammed the SEC chairman’s method of regulating the crypto industry. Brad Garlinghouse, Ripple’s CEO, has commented on an opinion piece written by the ...
U.S. Publishes Fact Sheet on Global Crypto Regulation
Key Takeaways The U.S. Treasury has published a fact sheet that outlines the American government’s involvement with global regulators. The government has worked with several groups including the...
Framing An “Abuse-Of-Crisis Prevention Act” To Confine The Federal Government
I’ve been through a few of these. I was here at 9/11, I was here during the financial crisis in ‘08, I was here during the fiscal cliff. We occasionally have these great crises and when they occur we ...
Russian State Duma Adopts Law Banning Payments With Digital Financial Assets – Regulation Bitcoin News
The lower house of Russian parliament has adopted a law prohibiting the use of digital financial assets in payments. To implement the restriction, exchange operators have been obliged to reject transa...
After losing trillions of dollars, is the crypto market crash inviting chances of crypto regulation?
No Result View All Result © Copyright 2022. The Coin Republic Are you sure want to unlock this post? Unlock left : 0 Yes No Are you sure want to cancel subscription? Yes No Source: https://www.thecoin...
Ethics Watchdog Bans Crypto Holders from Proposing US Digital Assets Regulation Policies
The US Office of Government Ethics has issued a legal advisory notice, barring US officials holding cryptocurrencies like Bitcoin and stablecoins as personal investments from advising President Joe Bi...
Is this Bitcoin Mining Report that could lead to any regulation on POW?
First Executive order on digital assets development and now bitcoin mining report is on the way, gives hints if there are any regulations from Biden Administration The cryptocurrencies and networks us...
Crypto Needs Enhanced Regulatory and Law Enforcement Frameworks – Regulation Bitcoin News
The Bank of England says “extreme volatility” in the crypto market “underscores the need for enhanced regulatory and law enforcement frameworks.” The British central bank has warned that crypto prices...
Rivian Cranked Up Production in Second Quarter at Illinois Factory
Rivian Automotive Inc. said it produced 4,401 vehicles in the second quarter, the latest in the electric-vehicle maker’s efforts to overcome parts shortages and production snarls to fulfill orders for...
Elon Musk’s Boring Company to Accept Dogecoin Payments for Rides on Las Vegas Transit System Loop – Regulation Bitcoin News
Elon Musk’s Boring Company will accept the meme cryptocurrency dogecoin as payment for rides on its Las Vegas transit system Loop. Musk confirmed that he is “supporting Doge whenever possible.” Tesla ...
The DOL has a new IRA rollover rule for advisers to follow
IRA rollovers are common, whether they’re from an old 401(k) or just one account to another, but a newly implemented Department of Labor rule says financial advisers suggesting the move have some expl...
Johnson’s Political Woes Inadvertently Set Back U.K. Crypto Regulation
Key Takeaways U.K. Ministers Rishi Sunak and John Glen’s resignations in the last couple days are likely to slow down the nation’s efforts to turn itself into a crypto-friendly jurisdiction. Glen in p...
Nineteen Countries To Receive Warning From ECB on Eurozone Crypto Regulation Standards: Report
A new report says the European Central Bank (ECB) is set to caution European Union (EU) members against pre-empting crypto rules being prepared for the Eurozone. The Financial Times report says that t...
China’s Auto Sales Are Booming. Can the Rebound Last?
Text size China’s auto market is showing a robust rebound. Here: a BYD Tang vehicle at the company’s showroom in Beijing. Qilai Shen/Bloomberg While the recent recovery in much of China’s ...
European Union Crypto Regulation Sets 1000 EUR Privacy Threshold
– Advertisement – European Crypto Regulation Set Privacy Limits At 1,000 EUR. The long-awaited Markets in Crypto Assets (MiCA) bill has finally seen a successful conclusion to the negoti...
BoE’s Committee Recommends Taking a Closer Look on Crypto Regulation
In its latest Financial Stability Report, the Financial Planning Committee (FPC), an offshoot of the Bank of England has recommended pushing for an ‘enhanced’ regulatory framework. According to the FP...
Singapore Considers Imposing New Restrictions on Crypto Trading – Regulation Bitcoin News
The Monetary Authority of Singapore (MAS) has told Parliament that the central bank is considering imposing additional restrictions on cryptocurrency trading. They include “placing limits on retail pa...
Bank of England Calls For Stricter Crypto Regulation Amid Market Downturn
The Bank of England (BoE) is calling for stricter regulations on crypto after the recent market downturn to safeguard against the potential financial stability risks they could pose. BoE Calls for Str...
Singapore eyes more regulation to protect retail investors from crypto winter fallout
The Monetary Authority of Singapore (MAS) is considering new regulations to protect retail investors after the crypto market crash led to the collapse of several crypto firms. According to the regulat...
ECB to Warn Countries in the Eurozone about Crypto Regulation
The European Central Bank is reportedly on track to issue warnings to national authorities within the Eurozone about individual handling of the crypto ecosystem. The European Commission, Parliament, a...
Peter Schiff’s Euro Pacific Bank Suspended by Puerto Rico’s Regulator — Schiff Insists No Evidence of Crime – Regulation Bitcoin News
Peter Schiff-owned Euro Pacific Bank has been suspended by Puerto Rico’s financial regulator. Schiff claims that there’s “no evidence of crimes,” warning that “accounts are frozen and customers may lo...