NCFTA onboards crypto exchange Binance to fight against cybercrime
By partnering with Binance, the NCFTA aims to tackle international cybersecurity investigations by co-sharing threat intelligence. Go to Source Powered by WPeMatico
United States
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Law Decoded: First-mover advantage in a CBDC conversation, Jan. 10–17
Strong framing move by U.S. Representative Tom Emmer and a looming threat of another crypto ban in Asia: a digest of last week’s top crypto policy stories is here. Go to Source Powered by WPeMatico
OCC Comptroller calls for federal collaboration with crypto intermediaries
Michael J. Hsu said that the mainstreaming of crypto has occurred despite regulatory and legal uncertainty, and a series of scams, hacks, and other disruptive events. Go to Source Powered by WPeMatico
President Biden taps economists for Fed governors’ seats, Sarah Bloom Raskin as vice chair for supervision
According to the U.S. President, the three nominees have the “experience, judgement, and integrity to lead the Federal Reserve and to help build our economy back better for working families.” Go to Source Powered by WPeMatico
Fed’s Lael Brainard invites Congress to choose whether to compete with China’s digital yuan
“We want to make sure that we do the requisite research on policy and technology so we’re in a position to move forward if Congress decides it’s important to be able to compete with China in this regard,” said Lael Brainard. Go to Source Powered by WPeMatico
Northwest Arkansas offering $10K in Bitcoin to attract remote workers
“Next-generation talent is essential to further transform our region into a hub for up-and-coming tech innovators and businesses,” said Blockchain Center of Excellence director Mary Lacity. Go to Source Powered by WPeMatico
US lawmaker proposes bill aimed at limiting Fed’s ability to issue CBDC
Having the Fed require users to open accounts to access the benefits of a digital dollar would put it “on an insidious path akin to China’s digital authoritarianism,” according to Tom Emmer. Go to Source Powered by WPeMatico
Coinbase announces ‘nearly the entire company will shut down’ for four weeklong breaks in 2022 to allow workers to recharge
“Given the intensity of our work throughout the year, we think this is the best way to ensure our pace is sustainable for the long term,” said chief people officer L.J. Brock. Go to Source Powered by WPeMatico
US lawmaker hints at upcoming crypto legislation as Jerome Powell says Fed will release report on digital currency soon
“The report really is ready to go and I would expect we will drop it — I hate to say it again — in coming weeks,” said Jerome Powell. Go to Source Powered by WPeMatico
Coinbase, PayPal join TaxBit Network for free crypto tax forms
TaxBit wants to prevent crypto users from spending “thousands of dollars per year” to generate crypto tax forms. Go to Source Powered by WPeMatico
