Bitcoin News / Bitcoin.com - 2 years ago
The U.S. Treasury Secretary Janet Yellen says that she has not made up her mind about whether the Fed should issue a central bank digital currency (CBDC). “There are some benefits” to a digital dollar, Yellen said, but noted tha...
by COINS NEWS - 2 years ago
A Reminder: What are the Pandora Papers? The Pandora Papers is an investigation into the shadowy offshore financial system that reveals the workings of a secret economy that benefits the wealthy and well-connected at the expense of everyone else. Th...
by COINS NEWS - 2 years ago
A Reminder: What are the Pandora Papers? The Pandora Papers is an investigation into the shadowy offshore financial system that reveals the workings of a secret economy that benefits the wealthy and well-connected at the expense of everyone else. Th...
Bitcoin News / Bitcoin.com - 2 years ago
The U.S. Treasury Department has sanctioned a second cryptocurrency exchange “for facilitating financial transactions for ransomware actors.” Two ransomware operators have also been sanctioned and $6.1 million in funds were seiz...
Cryptocoins News / The Cointelegraph - 2 years ago
The group said stablecoin issuers should be held to the same standards as insured depository institutions including state and federally chartered banks. The President’...
Bitcoin News / Bitcoin.com - 2 years ago
The U.S. Department of the Treasury has taken actions targeting cryptocurrency exchanges “responsible for laundering ransoms” as part of the whole-of-government effort to counter ransomware. One cryptocurrency exchange has alrea...
Bitcoin News / Bitcoin.com - 2 years ago
Despite the broad definition of a broker in the $1.2 trillion infrastructure bill, an official of the U.S. Treasury Department says that non-brokers will not be targeted even if the bill is not amended. The official added that crypto advocates’...
Bitcoin News / Bitcoin.com - 2 years ago
U.S. Treasury Secretary Janet Yellen will convene a meeting with the Biden administration’s working group on financial markets to discuss stablecoin regulation. “In light of the rapid growth in digital assets, it is important for the agen...
Bitcoin News / Bitcoin.com - 2 years ago
Former U.S. Treasury Secretary Steven Mnuchin says his viewpoint on bitcoin “has evolved a little bit.” While he personally does not want to have bitcoin in his portfolio, he says if people want to buy the cryptocurrency, “that&rsqu...
Bitcoin News / Bitcoin.com - 2 years ago
Former U.S. treasury secretary and chief economist at the World Bank, Larry Summers, says cryptocurrency is here to stay as a kind of digital gold. He believes that people want an alternative to gold that is “separate and apart from the day-to-...
Bitcoin News / Bitcoin.com - 2 years ago
The U.S. Department of the Treasury has announced measures to crack down on tax evasion involving cryptocurrencies as part of President Joe Biden’s proposed tax compliance measures. Among the measures is a requirement for businesses that receiv...