House Financial Services Committee chairman Patrick McHenry introduced a pair of bills aimed at improving transparency of the Financial Crimes Enforcement Network (FinCEN) as it expressed serious concerns about consumer data security and seeks to overhaul the Department of the Treasury bureau.
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The Securities and Exchange Commission announced the concept of digital assets and distributed ledger technology…
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Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to benefit from regulation and clarity.…
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The Financial Crimes Enforcement Network (FinCEN) is taking the first steps to launch an expansion of an international data sharing program aimed at combating money laundering and other financial crimes.
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The Winklevoss brothers' crypto custodian and exchange, Gemini, was awarded…
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Tech mogul John McAfee added to his “Ghost” network with…
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More than 50% of consumers under 50 said they would like Generative AI to assist them in managing their personal finances. So reports FinTech Magazine.
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Online software vendor Kashoo is forming focus group to react to the new features in its software. The Vancouver, B.C.-based company wants feedback on the new features and focus group members may also participate in testing before a broader release this fall.
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Online software vendor Kashoo is forming focus group to react…
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Net@Work has acquired Inventory Management Solutions, the New York-based reseller said…
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Secretary of the Treasury Janet Yellen warned stablecoins—digital currencies pegged to the value of fiat currency like the U.S. dollar—could introduce a number of challenges into the financial system if they are not properly regulated.
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Google is changing its cryptocurrency advertising policies and has encouraged advertisers to make themselves familiar…
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Bitcoin’s value is surging as it topped $35,000—a mark it has not hit since May…
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The California Society of Certified Public Accountants has formally asked for clarification regarding cryptocurrency holdings. So reports Cointelegraph.
The organization reached out to the Financial Accounting Standards Board via letter, noting current accounting practices are not adequate, per the Standards Board. They should, instead, be closer aligned to accounting standards for those of foreign currencies.
The letter followed a similar request from 21 members of Congress who are seeking guidance from the IRS with respected to taxing the digital currencies.
Read the full article from Cointelegraph.
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Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to…
MicroStrategy Inc. became the first public company to invest “the…