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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Terra founder Do Kwon has been ordered by South Korea’s National Tax Service to pay $78 million/$100 billion won in tax penalties. So reports Benzinga.
The tax service alleges The Ancore Company and Terraform Labs, the parent companies of Terra, evaded income and corporate taxes by sending LUNA digital assets from a “Singapore-established entity to the Luna Financial Guard (LFG) and determined that the transfer was done to avoid taxes,” according to the article. Additionally, the report adds further taxes may be collected on LFG’s Bitcoin assets.
Read the full article from Benzinga.
The Securities and Exchange Commission announced the concept of digital…
Representatives from the Reserve Bank of Australia said they are…
Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to…
MicroStrategy Inc. became the first public company to invest “the…