The U.S. House Committee on Financial Services holds a hearing on Tuesday 8 with only one witness, Nellie Liang, Under Secretary for Domestic Finance at the U.S. Department of the Treasury, who will recommend that the House pass new legislation to regulate stablecoins due to...
Cryptocurrencies need new regulations. Or cryptocurrencies need regulations built on top of old ones. QED Investors Partner and former U.S. Department of the Treasury Assistant Secretary Amias Gerety offered a novel thought to Karen Webster: Maybe the old regulations work just fine. Conventional wisdom holds...
The U.S. Department of the Treasury is looking into both the risks and benefits of stablecoins, Reuters reported. Stablecoins are a widely growing cryptocurrency type with values pegged to traditional currencies. Government leaders have been surprised at how the crypto market has been expanding, according...
Getting bogged down in a maze or taking unnecessary risks — the current climate for FinTech in the United States often leaves players with only those two stark choices, according to Bruce Parker, founder and CEO of Modo, which describes itself as a “cloud-based utility”...
August 25, 2023
The U.S. Department of the Treasury and the Internal Revenue Service (IRS) have proposed regulations that aim to “close the tax gap” in the sale and exchange of digital assets. These regulations, part of the Biden Administration’s efforts to implement the Infrastructure Investment and Jobs Act (IIJA), seek to provide information on the amount owed by taxpayers and crack down on […]
September 12, 2021
The U.S. Department of the Treasury is looking into both the risks and benefits of stablecoins, Reuters reported. Stablecoins are a widely growing cryptocurrency type with values pegged to traditional...
August 03, 2018
Getting bogged down in a maze or taking unnecessary risks — the current climate for FinTech in the United States often leaves players with only those two stark choices, according...
