Area District Of Columbia Financial News
03.08 / 19:35
business
Donations
crypto donations
Roman Catholic Archdiocese of Washington, DC will accept crypto donations
The archdiocese of Washington, D.C. of the Roman Catholic Church will begin accepting donations in cryptocurrency as part of an effort to grow its ministries.
30.06 / 04:27
regulation
SEC
Grayscale
Bitcoin
Bitcoin spot ETF
spot ETF
BREAKING: Grayscale launches legal challenge to Bitcoin spot ETF rejection
Grayscale has announced a legal challenge to the latest rejection of its application to convert the Grayscale Bitcoin Trust (GBTC) into a spot-based Bitcoin exchange-traded fund (ETF) by the Securities and Exchange Commission.
29.06 / 07:15
Law
regulation
SEC
Department Of Justice
lawsuits
regulatory
Regulatory uncertainty creates rash of ‘novel’ lawsuits: Legal experts
Regulatory uncertainty surrounding crypto has created a “fertile environment” for crypto-related litigation and enforcement to grow, according to lawyers from Choate Hall & Stewart LLP.
06.06 / 18:09
business
Blockchain
Adoption
Bitcoin
Future
Financial
Crypto 401(k): Sound financial planning or gambling with the future?
In April, United States-based retirement plan provider Fidelity Investments moved to allow 401(k) retirement savings account holders to invest directly in Bitcoin (BTC), the flagship cryptocurrency, making crypto a potential part of one’s savings for the future.
03.06 / 00:27
regulation
Investments
Court
compliance
401(k) provider ForUsAll sues US Labor Dept over anti-crypto compliance release
ForUsAll, a 401(k) retirement provider, filed suit against the United States Department of Labor (DOL) and Martin Walsh as Labor secretary in U.S. District Court in Washington, D.C. on Thursday. The company is seeking the withdrawal of a DOL compliance assistance release issued in March, citing the Administrative Procedure Act, which safeguards against arbitrary official encroachment on private rights.
25.05 / 13:49
Stablecoin
regulation
coinbase
rights
Crypto Industry’s Custody, Ownership Rights Are 'Fundamental Problems' That Need Solving - US Official
The recent collapse of the TerraUSD (UST) stablecoin has demonstrated that custody and ownership rights are underdeveloped for the size, scope, and ambitions of the crypto industry, according to the US Acting Comptroller of the Currency Michael J. Hsu.
17.05 / 00:47
Law
regulation
Department Of Justice
US federal judge approves of Justice Dept criminal complaint on using crypto to evade sanctions
The United States Department of Justice may move forward on a criminal prosecution case against a U.S. citizen who allegedly violated sanctions through cryptocurrency.
04.05 / 19:23
MAIL
Software
Intuit
Customers
TurboTax owner Intuit to pay $141 million to customers 'unfairly charged'
Intuit, the owner of popular tax-filing software TurboTax, will pay $141 million in restitution to millions of low-income Americans who were «unfairly charged» for services that should have been free, according to a multistate agreement announced Wednesday.
03.05 / 13:01
cryptocurrency
Forecast
Adoption
1B People Will Have Tried Crypto Within Decade - Coinbase CEO
The number of people who have used or tried cryptoassets will reach 1bn within a decade, contributing even more to the global economy, according to Brian Armstrong, CEO of major crypto exchange Coinbase.
20.04 / 08:37
15.04 / 12:57
Tax Day 2022 Is Arriving: Here’s What to Know
The individual tax-filing deadline returns to its mid-April home this year after two years of delays spurred by the pandemic. Here’s what you need to know about the end of tax season.
14.04 / 19:07
Provident
Target
Fighting
Align
White House will crack down on Russian attempts to evade sanctions, Biden security advisor says
WASHINGTON — National security adviser Jake Sullivan said Thursday that the Biden administration is focused on ensuring Russia isn't able to evade punishing global sanctions for its war in Ukraine.
08.04 / 00:23
Government
regulation
Former US Senator and House member joins Crypto Council for Innovation
Cory Gardner, who served as a United States senator for Colorado from 2015 to 2021, has joined the Crypto Council for Innovation, a crypto advocacy group aimed at establishing dialogues with governments and regulatory agencies on the benefits of digital assets.
07.04 / 19:47
Government
Law
Stablecoin
Framework
regulatory
Treasury Secretary hints at regulatory framework to address potential risks in digital asset markets
United States Treasury Secretary Janet Yellen listed stablecoins as one of the major policy concerns in the digital asset space for regulators, currently subject to “inconsistent and fragmented oversight.”
25.03 / 17:01
Law
Congress
Senate
crypto legislation
Senators
US senators Lummis, Gillibrand reveal working on bipartisan crypto legislation
United States Senator from New York Kirsten Gillibrand revealed working with Senator Cynthia Lummis on a broad-based regulatory framework for the crypto industry on Thursday during a live event in Washington, D.C.
21.03 / 19:47
Remark
Powell Says Fed Will Consider More-Aggressive Interest-Rate Increases to Reduce Inflation
Federal Reserve Chairman Jerome Powell said the central bank is prepared to raise interest rates in half-percentage-point steps and high enough to deliberately slow the economy if it concludes such steps are warranted to bring inflation down.
21.03 / 19:21
Remark
Watch live: Fed Chairman Jerome Powell speaks at NABE annual conference
[The stream is slated to start at 12:30 p.m. ET. Please refresh the page if you do not see a player above at that time.]
13.03 / 14:15
cryptocurrency
Provident
Digital
central bank digital currency
Here Are The Timelines And Status Of Central Bank Digital Currencies In Some Countries
Quite a few countries like India and the United States are considering central bank digital currencies
01.03 / 13:05
Hack
Bitfinex
Legal
Bitcoin
Alleged Bitfinex Crypto Exchange BTC Launderer Morgan Seeks ‘Plea Deal’
Half of the husband-and-wife duo that has been charged by American prosecutors with attempting to launder a monster bitcoin (BTC) allegedly raided from the crypto exchange Bitfinexin a 2016 hack is talking to the authorities about a possible “plea deal.”
25.02 / 15:15
crypto currency
Russia Ukraine
us sanctions
Russia could use cryptocurrency to blunt the force of US sanctions
Since then, the global market for cryptocurrencies and other digital assets has ballooned. That is bad news for enforcers of sanctions and good news for Russia. On Tuesday, the Biden administration enacted fresh sanctions on Russia over the conflict in Ukraine, aiming to thwart its access to foreign capital. But Russian entities are preparing to blunt some of the worst effects by making deals with anyone around the world willing to work with them, experts said. And, they say, those entities can then use digital currencies to bypass the control points that governments rely on — mainly transfers of money by banks — to block deal execution.
11.02 / 13:53
Bitfinex
Legal
Bitcoin
Here’s What Agents Say They Photographed in ‘Bitfinex Hack’ Couple’s Apartment
The mysterious case of the duo charged with attempting to launder a vast bitcoin (BTC) haul allegedly looted from the Bitfinex crypto exchange in a hack in 2016 just got a lot more bizarre – with the Attorney’s Office for the District of Columbia issuing a 34-page legal document detailing why the couple should not be granted bail.
latest developments in area District Of Columbia
What is the current situation in area District Of Columbia?
In area District Of Columbia, the spotlight is on major events that affect the region’s daily life.
Where can I find reliable news about area District Of Columbia?
We publish reliable reports about the situation in area District Of Columbia, based on information from official representatives.
What shapes the media agenda in area District Of Columbia?
The news landscape of area District Of Columbia is shaped by key decisions by local authorities, reflecting its local way of life.
