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Fed Reserve Governor Brainard Said to Be Biden’s Choice for Treasury Secretary
25.9.2020
Lael Brainard, who has been involved with the Fed's efforts to research a digital dollar, is seen as an ideal choice, Bloomberg sources said
New Coronavirus Relief Package Proposed With Second Round of Stimulus Checks for Americans
25.7.2020
Republicans have proposed a new coronavirus relief package with a second round of stimulus check payments, a draft summary of the proposal confirms. According to Treasury Secretary Steven Mnuchin, the new package will be the “exact same proposal as last time.” New Covid-19 Relief...
Former Finance Secretary Subhash Chandra Garg Proposes Regulating Crypto as Commodity in India
18.7.2020
Subhash Chandra Garg, former Finance and Economic Affairs Secretary of India, has told the Indian crypto community that crypto assets should be regulated as commodities. However, he stands by his draft crypto bill that bitcoin and other cryptocurrencies should be outlawed. Garg Proposes Indian...
India’s Former Finance Secretary Spars With Industry Experts on Crypto Ban
17.7.2020
For the first time, the former Finance Secretary of India who proposed a blanket ban on cryptocurrencies discussed digital assets with industry leaders
Tiktok Ban: US May Join India in Banning Chinese Social Media Apps
7.7.2020
The Trump administration is looking at banning Tiktok and other Chinese social media apps, according to Secretary of State Mike Pompeo. The US has been concerned about Tiktok being used by the Chinese government to mine American users’ data. India has already banned Tiktok in its country...
Former US Treasury Secretary Larry Summers Expects ‘A Ton of Innovation’ Around Stablecoins
3.7.2020
Former U.S. Treasury Secretary Lawrence Summers praised stablecoins last week, saying he sees use cases in cross-border transactions as one example
Trump Told Treasury Secretary to ‘Go After’ Bitcoin, Bolton Book Reportedly Claims
18.6.2020
Former national security advisor John Bolton is said to have revealed the conversation in his book, scheduled for publication next week
Trump Told Treasury Secretary Mnuchin to ‘Go After Bitcoin’ – Former National Security Advisor John Bolton Says
18.6.2020
Former national security advisor John Bolton has reportedly revealed in his upcoming book an instruction about bitcoin that President Donald Trump gave to Treasury Secretary Steven Mnuchin. The U.S. Justice Department has filed a lawsuit against Bolton to stop the book’s release, claiming...
Insider Claims Trump ’Told Treasury Secretary’ to ’Go After’ Bitcoin
18.6.2020
Donald Trump has been "after" bitcoin (BTC) for at least two years now, allegedly stating the world's number one token is a fraud, per claims in a new tell-all book.
The United States President allegedly told Treasury Secretary Steven Mnuchin to crack down on the trading and selling...
Donald Trump Told Treasury Secretary to ‘Go After Bitcoin’
18.6.2020
According to John Bolton’s new book ‘The Room Where It Happened’, Trump was against Bitcoin long before his July 2019 Twitter tirade
Money Reimagined: No, Secretary Summers, Money Privacy Is a Vital Freedom
15.5.2020
Responding to Larry Summers at Consensus: Distributed this week, Michael Casey argues that money needs more privacy, not less, and that, ultimately, our rights as financial citizens are at stake
The Problem With Money Is ‘Too Much Privacy,’ Says Ex-US Treasury Secretary Summers
11.5.2020
Former U.S. Treasury Secretary Larry Summers said there may be “too much privacy” associated with government-issued cash, noting the prevalence of money laundering and its widespread use for storing and moving the proceeds from corruption
Obama's Under Secretary for Terrorism Appointed CEO of Libra
6.5.2020
A man who enforced anti-money laundering under two U.S. presidents has been named the CEO of the Libra Association
Regulatory Roundup: Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash
18.2.2020
In this roundup, we cover numerous cryptocurrency regulatory developments in the U.S., including President Trump’s crypto proposals, testimonies by the Federal Reserve chairman and the Treasury secretary, a crypto-friendly SEC proposal, and the IRS changing a crypto tax rule. We also cover...
Treasury Secretary Mnuchin Gives Testimony on Cryptocurrency, New Regulations Rolling Out Soon
13.2.2020
U.S. Treasury Secretary Steven Mnuchin gave his testimony on cryptocurrency before the Senate Finance Committee on Wednesday. Mnuchin said crypto is a “crucial area” that the Treasury has spent a lot of time on. He also talked about stablecoins and announced that new crypto regulations...
US Treasury Secretary Promises "Significant New Requirements" on Cryptocurrency
13.2.2020
Cryptocurrency remains a political issue in the United States
US Financial Crimes Watchdog Preparing ‘Significant’ Crypto Rules, Warns Treasury Secretary Mnuchin
12.2.2020
U.S. Treasury Secretary Steven Mnuchin said FinCEN is preparing "significant new requirements" around cryptocurrencies to tamp down illicit activity
UN Secretary-General at WEF: Dark Side of AI Threatens Our World
24.1.2020
In a symposium at the World Economic Forum, Antònio Guterres, Secretary-General of the United Nations, outlined what he believed were four gravest threats that the world faced today: climate war, mistrust of leaders, an increase of geopolitical tension, and the dark side of digital. Guterres...
Kerala Outlines Plans to Become India’s Blockchain Hub
9.1.2020
The Indian state of Kerala is actively exploring using blockchain technology to improve a wide range of existing systems, including financial. Thousands of people are already being trained in the state to become blockchain experts, some of whom have already graduated, according to the state’s...
Subhash Chandra Garg on the Future of Crypto
5.1.2020
India’s former Finance Secretary Subhash Chandra Garg has shared his views on the future of cryptocurrency, both in India and worldwide. He headed the committee responsible for drafting the infamous bill to ban cryptocurrencies, which the crypto community calls flawed in many regards. Also...