The heads of three US financial regulators in a joint statement warned participants in the cryptocurrency industry about the need to comply with various regulatory requirements. This was reported on the website of the Commission for derivatives trading (CFTC). The statement was signed by CFTC CEO Heath Tarbert, Director of the Financial Crimes Enforcement Network (FinCEN) Kenneth Blanco and Chairman of the US Securities and Exchange Commission (SEC) […]
Congress
The author of the initiative to create an alternative version of the digital currency Libra incorrectly provided information about some of the project participants. So, representatives of Tendermint, Chainlink, Web3 Foundation and Hashed denied their participation in it, CoinDesk reports. Earlier this week, during the Devcon5 conference in Osaka, Wireline co-founder Lucas Geiger introduced the OpenLibra initiative, designed to become the "non-corporate version of Libra" […]
The head of the largest social network Facebook Mark Zuckerberg will testify before the Committee on financial services of the US House of Representatives. This was reported on the website of the department. Hearings on “studying the impact of Facebook on financial services and housing” will be held on October 23. Zuckerberg will be the only witness to them. In July, the head of the financial services committee, Maxim Waters, demanded to suspend […]
In the penultimate week of September, the world investment community was surprised to see what was happening in the US…
North Carolina congressman Ted Budd re-introduced the Virtual Value Tax Fix Act bill to the House Committee on Budget, which proposed removing cryptocurrency transactions from double taxation. The relevant document is posted on the website of the US Congress. So, Budd believes that the Internal Revenue Code (1986) needs to be amended according to which digital currencies […]
The American supplier of cryptocurrency indices Bitwise believes that Facebook 's steablcoin Libra has accelerated the development of the whole…
In the US Securities and Exchange Commission (SEC) there are supporters of the speedy adoption of a law regulating relations…
The head of the cryptocurrency company Circle Jeremy Alleyr during a public hearing organized by the Banking Committee of the US Senate called on lawmakers to eliminate legal uncertainty in the field of digital assets. “Congress should adopt a national asset class policy.” […]
Facebook CEO Mark Zuckerberg said that the world's largest social network does not abandon plans to launch a digital currency, Libra, and will spend "as much time as it takes" to win over regulators and other interested parties. Zuckerberg made a corresponding statement this week during a conference call with investors on Facebook, during which he tried to reassure […]
At the end of the week, a struggle between buyers and sellers was observed on the crypto market, and crypto…