Search Results for: USA. Riigikassa

St. Louis Fed’s James Bullard Would ‘Support Starting the Taper in November’ to React to Inflation

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St. Louis Federal Reserve president James Bullard told the press on Tuesday that he thinks the U.S. central bank needs to wind down the buying of $80 billion worth of monthly bond purchases. Bullard says he would support tapering starting as…

Edward Snowden Calls CBDCs ‘Cryptofascist Currency’ — ‘Closer to Being a Perversion of Cryptocurrency’

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oktoobril 9, whistleblower and privacy advocate Edward Snowden published an opinion editorial concerning central bank digital currencies (CBDC-d) and claimed CBDCs are “the newest danger cresting the public horizon.” Snowden stressed that rather than being an innovation, CBDC’s are “closer…

SECi esimees Gary Gensler: Pole plaanis krüpto keelata, See on kongressi otsustada

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SEC Chairman Gary Gensler says that the SEC has no plan to ban cryptocurrencies as China has done. He noted that it would be up to Congress to make such a decision. Hiljuti, Federal Reserve Chairman Jerome Powell similarly said that…

Federal Reserve Chairman Powell Says No Intention to Ban or Limit Use of Cryptocurrencies

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Federal Reserve Chairman Jerome Powell confirmed during a hearing before the House Financial Services Committee that he has no intention to ban or limit the use of cryptocurrencies. He also commented on the regulation of stablecoins. Powell Says ‘No Intention to…

SEC Chair Gary Gensler Says Crypto Will ‘Not End Well’ if It Stays Outside Regulations

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USA esimees. Väärtpaberi- ja börsikomisjon (SEC), Gary Gensler, says that cryptocurrency “is not going to end well if it stays outside the regulatory space.” The SEC has been criticized for taking an enforcement-centric approach to regulating the…

Ripple CEO Says SEC Gives No Clear Framework for Crypto, Discusses XRP Lawsuit

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As the lawsuit with the U.S. Väärtpaberi- ja börsikomisjon (SEC) continues, Ripple CEO Brad Garlinghouse insists that the Commission has provided no clarity in crypto regulation. He said the SEC is using its meetings with crypto companies as lead generation…

Binance Prepares Changes to Work With Regulators Worldwide

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Binance, the leading cryptocurrency exchange, has announced it is preparing changes to be able to work with regulators more closely. Its CEO, Changpeng Zhao, stated the company is ready to apply the needed revisions to transform the exchange into a regulated…

IRS, Janet Yellen Press Lawmakers to Push ‘Tax Compliance Agenda’ — Banks to Report Deposits, Withdrawals of $600

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Kolmapäeval, USA. Internal Revenue Service (IRS) commissioner Charles Rettig and Janet Yellen, the Treasury secretary, urged lawmakers to give the IRS permission to report annual inflows and outflows from American bank accounts. Regardless of tax liability, financial institutions across the…