I know everything I am looking for is here, watch movies, watch series, education, games, exams, news, current events and many more.
“# IRS needs congressional authority to handle crypto, says chief ” Internal Revenue Service chief Charles Rettig called out lawmakers for not taking the initiative on addressing the problem of many U.S. residents not paying taxes on crypto. In a Tuesday senate hearing on the IRS’ fiscal year 2022 budget, Rettig said that the agency…
“# Ontario securities regulator takes action against Kucoin ” The Ontario Securities Commission, or OSC, is taking stern action against two companies associated with KuCoin for allegedly failing to comply with local securities laws, setting the stage for further regulatory action against the cryptocurrency platform. The companies targeted by the OSC are Seychelles-based Mek Global…
“# Crypto investment platform Coinseed shuts down amid NYAG lawsuit ” Coinseed, a crypto platform that enabled micro-investing in cryptocurrency assets for its users, has shut down its operations. Delgerdalai Davaasambuu, founder and CEO of Coinseed, announced the decision via a statement published on the platform’s website. Detailing his decision to shutter the business, Davaasambuu…
“# World Economic Forum releases policy toolkit for DeFi regulations ” With regulated decentralized finance (reg-DeFi) becoming a topic of discussion within and outside the crypto space, the World Economic Forum (WEF) has published a policy toolkit on DeFi. According to a release issued on Tuesday, the toolkit seeks to provide useful guidance for regulators…
“# Latin lawmakers don lazer eyes on Twitter in support of Bitcoin ” Gabriel Silva, a Panamanian congressman, is moving to follow in El Salvador’s footsteps by proposing legislation to adopt Bitcoin and other cryptocurrencies on a national scale. El Salvador’s president, Nayib Bukele announced during the Miami Bitcoin conference on June 6, that he…
“# Former SEC head and treasury undersecretary defend US crypto regulations ” The regulatory pressure is mounting in the U.S., with more politicians questioning whether the current framework is adequate. An opinion piece penned for Wall Street Journal by former SEC Chairman, Jay Clayton, and former Undersecretary of the Treasury, Brent McIntosh, have defended the…
“# US officials recover $2.3M in crypto from Colonial Pipeline ransom ” Officials with a United States government task force have seized more than $2 million in crypto used to pay for ransom following an attack on the Colonial Pipeline system. In a Monday press conference, Deputy Attorney General Lisa Monaco said that the task…
“# Biden to discuss crypto’s role in ransomware attacks at G7, says national security adviser ” According to Joe Biden’s National Security Adviser Jake Sullivan, the United StatePresident will speak directly about cryptocurrency regarding its role in the attack on the Colonial Pipeline and other ransomware breaches. In a Monday White House press briefing, Sullivan…
“# Global banking regulator plans to hold consultation on crypto exposure ” The Basel Committee on Banking Supervision has said it will be publishing a consultation paper aimed at banks reducing their risk of exposure to crypto. According to the Switzerland-based Bank of International Settlements, or BIS, the Basel Committee will publish the paper on…
“# No, Bitcoin is not ‘technobabble’ ” Many years ago, I ran hedge funds on Wall Street. With a long pause for philanthropic and government work, I eventually found my way to blockchain, and now, I spend my days writing about decentralized finance versus centralized finance. Some of my old Wall Street friends still run…