Government Financial News

12.01 / 18:19

Government regulation Federal Reserve lawmaker US lawmaker proposes bill aimed at limiting Fed's ability to issue CBDC

Minnesota Representative Tom Emmer has announced he will be introducing a bill intended to prevent the Federal Reserve from acting as a retail bank in the potential issuance of a digital dollar.

11.01 / 21:21

Government Federal Reserve Senate lawmaker crypto legislation US lawmaker hints at upcoming crypto legislation as Jerome Powell says Fed will release report on digital currency soon

At his confirmation hearing in front of members of the Senate Banking Committee, Federal Reserve chair Jerome Powell said the agency would be releasing its report on cryptocurrencies “within weeks.”

11.01 / 20:37

Government Adoption Bitcoin International Iran to allow crypto payments for international trade: Report

The Central Bank of Iran, or CBI, and the ministry of trade have reached an agreement to link the CBI’s payment platform to a trade system allowing businesses to settle payments using cryptocurrencies, the Mehr News Agency reported Monday.

11.01 / 15:41

business Government Bitcoin compliance Binance taps former central bank exec to push compliance in CIS and Russia

Binance, the world’s largest cryptocurrency exchange, is putting more effort into increasing compliance in the Commonwealth of Independent States (CIS), Russia and Ukraine.

10.01 / 20:35

Government Law Congress Law Decoded: Looking ahead to 2022, Jan. 3–10

As Alex Tapscott put it, 2021 was the year when many governments and lawmakers began to finally wake up to the transformational potential of blockchain technology. Indeed, crypto’s global mainstreaming and growing market capitalization have made it difficult for the agents of power to ignore it and have rendered it a salient economic, social and political issue across many key jurisdictions. By all appearances, we are in for a busy year in crypto regulation and policymaking.

08.01 / 01:15

Government CFTC Senate President Biden sends CFTC nominations to Senate

The White House has officially submitted President Joe Biden’s nominations to fill two seats at the Commodity Futures Trading Commission with the upcoming departure of another commissioner.

07.01 / 21:41

Government regulation UK government lawmakers UK lawmakers form crypto advocacy group for parliament: Report

Lisa Cameron, a member of parliament for the United Kingdom’s House of Commons, is reportedly chairing a lobbying group aimed at promoting crypto-related legislation in government.

06.01 / 13:25

Government Taxes Bitcoin Crypto trades in Thailand now reportedly subject to 15% capital gains tax

The government of Thailand is progressing in regulating the local cryptocurrency ecosystem by reportedly enacting new tax rules for the industry.

05.01 / 22:49

Government economy Federal Reserve President Biden is considering economists to fill Fed seats as leadership nominations move to Senate: Report

The White House is reportedly considering an Obama-era economic adviser and former Fed economist to fill the empty seats on the board of governors of the Federal Reserve System in 2022.

03.01 / 13:01

Government Adoption Central Bank Bank of Jamaica completes first CBDC pilot

The Bank of Jamaica (BoJ) has successfully completed its first central bank digital currency (CBDC), targeting a national rollout in the first quarter of 2022.

02.01 / 12:51

business Government Blockchain Bitcoin Bukele President Bukele predicts Bitcoin $100k rally, further legal adoption and more

Last year, El Salvador became the first country to adopt Bitcoin as legal tender under Bukele’s presidency as a countermeasure to the growing inflation in the country. Since legalization, the president acquired 1,370 BTC for the country’s reserve and reinvested its unrealized gains into new infrastructure projects including a hospital and a school.

01.01 / 17:11

Government Law Stablecoin SEC How the Democratic Party didn’t stop worrying and fearing crypto in 2021

As 2022 is kicking off, America nears the first anniversary of Joe Biden’s presidency. Following the tenure’s ambitious start, the last few months witnessed some serious tumult around the overall health of the United States economy, the administration’s handling of the COVID-19 pandemic, and the tense debate around Biden’s opus magnum — the $1.7 trillion Build Back Better infrastructure legislation plan.

30.12 / 23:11

Government regulation SEC Sec Chair SEC chair has a new senior adviser for crypto

United States Securities and Exchange Commission (SEC) chair Gary Gensler has added a new staff member who will offer advice related to crypto policymaking and interagency work.

29.12 / 14:31

Government Law ETF Crypto makes history in 2021: Five instances of governments embracing digital assets

As digital asset prices had been hitting new historical highs in 2021, many jurisdictions were increasingly adopting cryptocurrencies like Bitcoin (BTC) and other crypto-based instruments.

27.12 / 15:13

business Government Adoption Binance Binance gets green light from Canada and Bahrain

Binance is celebrating the new year with approvals from two different sides of the world.

23.12 / 23:05

Government regulation lawmaker US lawmaker planning to introduce comprehensive crypto bill in 2022: report

Wyoming Senator Cynthia Lummis, one of the United States lawmakers behind many pro-crypto pieces of legislation, is planning to introduce a comprehensive bill next year to handle digital assets.

22.12 / 19:55

Government Binance regulation Digital payment 100 digital payment token firms in Singapore fail to win licenses: Report

More than 100 out of 170 “digital payment token services” in Singapore have reportedly failed to obtain licenses from the local financial regulator, the Monetary Authority of Singapore, or MAS.

22.12 / 12:07

Government Adoption Bitcoin El Salvador buys 21 Bitcoin to celebrate December 21, 2021

The government of El Salvador continues celebrating significant days by buying more Bitcoin (BTC), with president Nayib Bukele announcing a new purchase of 21 BTC on Tu.

21.12 / 17:17

Government Adoption us government The political Santas and Grinches of the crypto industry in 2021

2021 was a huge year for the crypto industry. A few years ago, our elected officials probably hadn’t even heard of crypto before, let alone had an opinion on it. However, this year it seemed like crypto was the hot topic on the block all around the globe.

20.12 / 20:11

Government regulation SEC end SEC commissioner Elad Roisman will leave by end of January

Elad Roisman, one of five members of the Securities and Exchange Commission’s board, has announced his intention to resign from the government agency.

16.12 / 22:15

Government CFTC Congress US Senate confirms CFTC chair as President Biden announces commissioner picks

Congressional lawmakers confirmed the nomination of Rostin Behnam, a commissioner at the Commodity Futures Trading Commission who had been serving as acting chairperson, to assume his position on a more permanent basis.

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