[ad_2][ad_1] (Bloomberg) – As Bitcoin’s record grabs attention, its crypto compatriot Ethereum continues to expand its appeal beyond the crowd of software programmers. Prior to this year, most investors’ first stop was Bitcoin, according to Michael Sonnenshein, chief executive of Grayscale Investments LLC, which has investment products that track both …
Read More »What Biden said to the Treasury Secretary about Bitcoin and Blockchain
[ad_2][ad_1] This article examines what former Federal Reserve Chairman Dr. Janet Yellen, the person who should be the next US Treasury Secretary, has said in the past about Bitcoin and blockchain technology. On November 23, the Wall Street Journal (WSJ) reported that President-elect Joe Biden will appoint Yellen as its …
Read More »The U.S. Treasury Could Destroy the True Nature of Blockchain by Chasing Self-Hosted Cryptocurrency Wallets
[ad_2][ad_1] Self-guarded cryptocurrency wallets allow people around the world to access essential financial services. US Treasury Secretary Steven Mnuchin is said to be working on a law to regulate self-hosted crypto wallets. According to Brian Armstrong, CEO of Coinbase, the regulation of self-hosted portfolios could be counterproductive. Since its inception, …
Read More »A PayPal-backed blockchain analytics firm hires the former US Treasury adviser
[ad_2][ad_1] Blockchain analytics firm TRM Labs has appointed Ari Redbord, the former head of the U.S. Treasury and Financial Crimes (FinCEN), to help build risk-based anti-money laundering (AML) programs for cryptocurrency and digital assets. Redbord joins TRM Labs as the company’s head of legal and government affairs. At the Treasury, …
Read More »Fed and Treasury are asking the public for comment on the new travel rule for Crypto
[ad_2][ad_1] The Federal Reserve, along with the Financial Crimes Enforcement Agency (FinCEN), an agency of the United States Treasury, have called for comment on a proposed rule that lowers the reporting threshold under the Bank Secrecy Act (BSA) from $ 3,000 to $ 3,000. 250 for transactions outside the United …
Read More »Chilean Treasury launches the Blockchain platform to process public payments
[ad_2][ad_1] The Chilean General Treasury of the Republic (TGR), which controls the collection of taxes in the country, has launched a blockchain platform to process payments, according to a press release published on December 19. TGR – an employee institution under the Ministry of Finance – reportedly first meeting with …
Read More »US Treasury officials urge global cryptographic regulators to use American lead for blockchain application
[ad_1] The United States has an unclear position against the cryptocurrency. Despite this unclear position, however, one of the main US regulatory authorities is pushing the rest of the world to follow the country's leadership in crypto enforcement. Speaking in front of the American Bankers Association / American Bar Association …
Read More »Tezos Blockchain's platform requires 10 million dollars from XTZ's Treasury of Initial Coin Offering Treasure
[ad_2][ad_1] The blockchain platform and the virtual currency Tezos (XTZ) have made the decision to withdraw almost 10 million dollars from the treasury reserves of the initial offer of coins (ICO). After taking 82.050 ETH during the week, November is the month with the largest sum of money taken from …
Read More »Breaking Down Treasury & # 39; s Fintech Report
[ad_1] Construction of the treasure in Washington. Welcome back to Human Capital. In this week's issue, we are highlighting some of the many voices that weighed on the Treasury Department's Tuesday issue of its 222-page report asking the Office of the Currency Controller to create a special card for the …
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