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FOMO Pay taps Ripple's liquidity solution for treasury management
26.7.2022
Ripple has continued to see adoption for its remittance technology from private institutions despite the ongoing lawsuit in the U.S
LidoDAO rejects sale of 10M LDO tokens to Dragonfly Capital
26.7.2022
The proposal aimed to secure a two-year runway for LidoDAO to carry out its functions in the Lido Finance protocol without worrying about further fundraising
US Rep. Josh Gottheimer Proposes $3M Boost to Treasury’s Crypto Crime-Fighting Unit
25.7.2022
U.S. Congressman Josh Gottheimer (D-N.J.) has proposed an amendment to a federal budget bill that would give the Treasury Department an additional $3 million to fight crypto-related crime in 2023
Bitgo Adds Near Protocol Support — Custodian to Store Near Foundation’s Treasury
20.7.2022
On July 19, the digital asset company Bitgo announced it has partnered with the Near Foundation and will be “the first qualified custodian to support the protocol and its assets, including its native token.” The collaboration will give institutions holding near protocol (NEAR) tokens...
US Treasury Open to Nonbanks Issuing Stablecoins, Official Says
18.7.2022
As Congress considers a path for nonbanks to be allowed to issue stablecoins, Nellie Liang, the U.S. Treasury Department’s undersecretary for domestic finance, says that’s fine with the agencies that once recommended issuers be regulated as banks
Bitcoin of America’s Customer Service Is Advancing the Cryptocurrency Industry
14.7.2022
Popular BTM operator, Bitcoin of America, is changing the way we think about the cryptocurrency industry. Bitcoin of America is a virtual currency exchange, registered as a money services business with the United States Department of Treasury (FinCEN)(RegNum). They currently have 2,500 plus Bitcoin...
UK Treasury Committee opens inquiry into crypto industry
13.7.2022
The public has until Sept. 12 to submit evidence, which the committee may use in its report to parliament on the risks and opportunities related to crypto and DLT
US Treasury study finds CBDCs a plus for commercial bank stability
13.7.2022
Access to CBDCs reduces banks’ need to insure against liquidity risks and gives policymakers greater information about trouble in the financial system, according to the study
US Treasury calls for public comment on digital asset policy, following Biden's executive order
12.7.2022
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
US Treasury Opens Door for Public Comments on Biden’s Crypto Order
12.7.2022
The Treasury Department will accept comment letters by Aug. 8 on the president’s March order to establish a regulatory regime for crypto
US Treasury Delivers Crypto Framework to Biden as Directed in Executive Order
10.7.2022
The U.S. Treasury Department has delivered a framework for crypto assets to President Joe Biden, fulfilling its obligation as directed in the executive order on crypto that the president issued in March. U.S. Treasury Secretary Delivers Crypto Framework to Biden The U.S. Department of the Treasury...
US Treasury Develops Framework For Path Towards International Crypto Regulations
8.7.2022
While the US authorities are intensifying work on developing crypto regulations, the country’s Department of Treasury has presented to President Joe Biden a framework to facilitate international cooperation on introducing such regulations and standards at the international level.
This is arguably...
US Treasury issues framework addressing engagement on crypto with foreign regulators
7.7.2022
The Treasury report was required under President Joe Biden’s executive order on digital assets issued in March
US Treasury Develops 'Framework' for International Crypto Regulation
7.7.2022
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
Risk of ‘Significant Drawdowns’ Pushes Cypherpunk Holdings to Sell Entire Stash of Bitcoin and Ethereum
30.6.2022
On Tuesday, the Canada-based investment firm Cypherpunk Holdings Inc. announced that the company has sold all of its bitcoin and ethereum due to the “risk of further significant drawdowns.” The company has transitioned its treasury to cash after selling 214.72 bitcoin and 205.82...
US Wants to Promote 'Responsible Innovation,' Deputy Treasury Secretary Says
28.6.2022
We brought some very interesting speakers to Consensus 2022 earlier this month, and while I believe the plan is to publish the full videos in the near future, I’ve always found it easier to pick information up by reading it than by watching or listening to it. This week, I’m continuing...
Reports Claim Russia Defaulted on Foreign Debt for the First Time in a Century, Kremlin Disagrees and Says It Paid
27.6.2022
According to reports, the Russian Federation has defaulted on its foreign debt for the first time since 1918. Bondholders told the press that they had not received payments from the transcontinental country. However, Russia’s finance ministry denies the allegations and says the country made...
Spanish Treasury Introduces New Crypto Tax Model Featuring Balance Reports
23.6.2022
The Spanish treasury has introduced a new series of requirements regarding the reporting and taxation of cryptocurrency holdings in the country. The new rules include the obligation of taxpayers to disclose all of their cryptocurrency holdings to the tax authorities, as well as their value...
President Biden Insists US Recession Is Not Inevitable — Treasury Secretary Yellen Concurs
21.6.2022
President Joe Biden and Treasury Secretary Janet Yellen say that a U.S. recession is not inevitable, dismissing the concerns of many economists who have predicted an upcoming recession. In addition, Biden insisted that the U.S. will “overcome this inflation” while Yellen admitted that...
SEC Chair Warns of ‘Too Good to Be True’ Crypto Products — US Treasury Calls for Urgent Regulation
21.6.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned the public about crypto investments that seem “too good to be true.” Meanwhile, the U.S. Treasury Department says that the recent crypto market turmoil underscores the urgent need...