11 / 16 Relevant items tagged with #Government

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Biden to discuss dangers of AI in San Francisco meeting with experts

[Jun 20, 2023 1:30 PM] The U.S. president will meet with AI experts to discuss safety, policy and opportunities while he’s in San Francisco.

UK government moves forward on financial markets bill for potential regulation of crypto

[Jun 19, 2023 1:20 PM] Following a third reading in the House of Lords, the Financial Services and Markets Bill will return to the lower house of the U.K. Parliament for members to consider any changes.

Ripple partners with Colombia’s central bank to explore blockchain technology

[Jun 15, 2023 12:00 PM] The pilot program will run through 2023 with the intent of demonstrating blockchain utility to the general public.

US lawmaker invokes SEC lawsuits in considering crypto regulatory framework

[Jun 13, 2023 1:59 PM] According to Rep. Maxine Waters, granting crypto firms provisional registration under a proposed framework “could reward bad actors with a ‘get out of jail free’ card.”

Is Ron DeSantis good for crypto? Republican makes Bitcoin part of campaign

[Jun 12, 2023 7:55 AM] The governor of Florida wants to defend people’s right to “do Bitcoin.”

SEC can’t find Binance CEO Changpeng Zhao, asks court for ‘alternative service’

[Jun 9, 2023 11:39 AM] The Binance CEO is rumored to be in Dubai, but with no known base of operations, the SEC wants permission to serve his lawyers on his behalf.

US DOJ opposes bankrupt Bittrex’s plan to repay customers ahead of credited fines

[Jun 8, 2023 11:06 AM] Bittrex owes $29 million on penalties for sanctions violations and may still face penalties in a case brought by the SEC.

Tel Aviv Stock Exchange completes proof of concept to tokenize fiat and bonds

[Jun 7, 2023 11:17 AM] In its proof of concept, TASE minted the first ERC-1155 security token representing a dummy digital government bond.

Economics of Bitcoin ATM market could hinder wider adoption

[Jun 7, 2023 7:01 AM] Bitcoin of America’s shutdown in Connecticut highlights the obstacles for companies operating crypto ATMs.

US lawmakers aim for crypto regulatory clarity with proposed bill putting the screws to SEC

[Jun 2, 2023 2:45 PM] The framework under the bill would allow certain tokens to qualify as digital commodities if they were decentralized and crack down on the SEC’s previous approach to crypto.

Does the US have a crypto ‘tax loophole’ problem?

[Jun 1, 2023 6:36 AM] The Biden administration wanted to nix a “special tax subsidy for cryptocurrency,” but it wasn’t in the May 28 debt ceiling bill. Another narrow escape?

Australia asks if ‘high-risk’ AI should be banned in surprise consultation

[May 31, 2023 11:59 PM] The Australian government suddenly announced a new eight-week consultation to ask how heavily it should police the AI sector.

Sen. Elizabeth Warren points to crypto payments as facilitating fentanyl trade in China

[May 31, 2023 2:30 PM] “The number of crypto transactions associated with Chinese fentanyl brokers increased by 450% just last year alone," said the Massachusetts senator, citing an Elliptic report.

Former House Rep blames industry outsiders for associating crypto with bank’s failure

[May 31, 2023 11:30 AM] According to Barney Frank, Signature Bank’s only issue prior to regulators seizing control in March was “crypto-fear-inaccurate withdrawals."

What the ‘anti-mining bill’ means for the crypto industry in Texas

[May 30, 2023 8:31 AM] The Lone Star State has become one of the hottest points on the U.S. map in terms of crypto regulation.

Deal to avoid US debt default nixes proposed 30% crypto mining tax, says Ohio lawmaker

[May 29, 2023 3:53 PM] According to Representative Warren Davidson, legislation to address the U.S. debt ceiling blocks “proposed taxes,” including a 30% tax on electricity used by crypto miners.

Laos government reportedly prioritizes blockchain technology for digital transformation

[May 29, 2023 2:38 PM] Laotian Prime Minister Sonexay Siphandone chaired the inaugural Ministerial Conference on Blockchain 4.0 Digital Transformation.

Texas legislative session winds down with crypto bills still in limbo

[May 29, 2023 12:00 PM] State lawmakers passed a proof-of-reserves bill and legislation covering crypto firms’ usage of flare gas, both awaiting Texas Gov. Greg Abbott's approval or veto as of May 29.

South Korea passes bill to make officials disclose Bitcoin holdings

[May 25, 2023 5:48 AM] The “Kim Nam-guk Prevention Law” comes in response to a scandal involving some National Assembly members moving large amounts of crypto.

IMF optimism in Central African Republic, despite Bitcoin adoption

[May 24, 2023 3:40 AM] The International Monetary Fund projects 2.2% GDP growth and manageable debt, but warns of liquidity risks.

Crypto should mimic TradFi rules: Global securities regulator IOSCO

[May 23, 2023 12:30 PM] According to the U.S. SEC, IOSCO members together regulate more than 95% of the world’s securities markets.

Bitcoin volatility drops amid decline in liquidity, but a possible catalyst is approaching

[May 22, 2023 3:30 PM] Bitcoin volatility has dropped as new liquidity is not flowing into the market, but on-chain data presents multiple reasons why BTC investors continue to hold.

South Korea to vote on bill requiring crypto asset disclosure for lawmakers

[May 22, 2023 12:35 PM] A recent political scandal has prompted the proposal of legislation intended to ensure South Korean officials report all digital asset holdings above roughly $760.

Biden won't accept debt deal protecting crypto traders — G7

[May 21, 2023 10:26 AM] U.S. President Joe Biden expressed opposition to a debt ceiling deal that would allegedly benefit crypto traders.

Bitcoin Miami panel rejects ‘fight’ rhetoric against regulators

[May 18, 2023 1:00 PM] Panelists at a discussion on “Fighting the Anti-Crypto Army” sought to dismiss the idea that working with lawmakers to regulate crypto should be framed as a fight.

Congressional crypto hearing illustrates political stalemate on digital assets

[May 18, 2023 8:57 AM] The hearing was filled with a heavy amount of criticizing the SEC, urging to take matters of regulation into Congress’ hands and empowering the CFTC.

Pakistan to Ban Online Services Related to Cryptocurrencies

[May 18, 2023 3:30 AM] Authorities in Pakistan intend to prohibit all internet-based crypto services despite significant digital-asset investments made by Pakistanis. The decision comes as government officials in Islamabad take a strong stance against the legalization of…

Signature Bank failed to understand risks associated with crypto: FDIC chair

[May 16, 2023 1:33 AM] A related report penned down by FDIC Chief Risk Officer cited poor management as “the root cause of Signature Bank’s failure.”

S&P Global attempts to assess crypto assets’ susceptibility to macroeconomics

[May 10, 2023 3:30 PM] The ratings agency looked at five areas of interconnectedness between the crypto ecosystem and traditional finance; its lack of firm conclusions may be telling.

South Korean lawmaker allegedly cashed out while legislating on crypto: Report

[May 8, 2023 1:00 PM] National Assembly member Kim Nam-kuk had authority in handling laws related to digital assets in South Korea, reportedly backing a bill proposing a 20% crypto gains tax be deferred.