Crypto-friendly CFTC commissioner Brian Quintenz reportedly plans to step down
Quintenz’s 5-year term at the agency was originally scheduled to end in April 2020, but he has twice extended his departure. Go to Source Powered by WPeMatico
Bitcoin Regulation
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Former SEC chair Jay Clayton joins Fireblocks advisory board
In his new role, Clayton wil aid Fireblocks in navigating the regulatory hurdles for developing and deploying digital asset infrastructure, especially around capital markets. Go to Source Powered by WPeMatico
Charles Schwab Strategist Skeptical of Crypto — Puts Faith in Banking System, Federal Reserve
Charles Schwab’s chief investment strategist says she puts faith in the entire U.S. financial system, the banking system, the power of the central bank, and the Federal Reserve more than bitcoin. Charles Schwab’s Strategist Skeptical of Cryptocurrency Charles Schwab Chief Investment Strategist Liz Ann Sonders shared her thoughts on cryptocurrency and the U.S. financial and … Read more
Bitcoin set to replace gold, says Bloomberg strategist on Bretton Woods 50th anniversary
The statement appeared as a takeaway from Blockworks’ Bretton Woods: The Realignment conference that gathered economists, macro analysts, and investors to discuss Bitcoin. Go to Source Powered by WPeMatico
Treasury to the rescue? Officials to clarify crypto tax reporting rules in infrastructure bill: report
Speaking on condition of anonymity, an official has reportedly told Bloomberg that the Treasury Department is planning to clarify the definition of “broker” in the recently passed infrastructure bill. Go to Source Powered by WPeMatico
GoSats launches Bitcoin cashback rewards card in India
Users will be able to earn yield paid in BTC on all the rewards they’ve accumulated through the app. Go to Source Powered by WPeMatico
Senate infrastructure bill isn’t perfect, but could the intention be right?
The provisions of the U.S. infrastructure bill stirred up a heated debate, but many of the fears voiced by its critics are misguided. Go to Source Powered by WPeMatico
‘We’ll be back on this’ — Alabama senator derails crypto amendment with two words
“Who knows how much innovation we’re going to stifle, who knows what kind of new apps never emerge,” said Senator Pat Toomey. Go to Source Powered by WPeMatico
Cryptocurrency mining under proposed US policy changes
The impact of tighter crypto reporting requirements in the digital asset provision of the Infrastructure Investment and Jobs Act will concentrate on cryptocurrency mining. Go to Source Powered by WPeMatico
Circle plans to become a full-reserve national digital currency bank
Circle is willing to operate under supervision of the Federal Reserve, the U.S. Treasury, the OCC, and the FDIC, CEO Jeremy Allaire said. Go to Source Powered by WPeMatico