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The Department of Labor has expressed “serious concerns” about Fidelity Investments’ attempt to allow customers to accumulate bitcoin in their 401(k) retirement savings accounts. The Wall Street Journal writes about it. On
A group member of the U.S. House of Representatives has presented a draft “Digital Mercantile Exchange Act of 2022 (DCEA)” that provides for direct oversight of certain crypto transactions and bitcoin exchanges
By decree of the President of Uzbekistan Shavkat Mirziyoyev, the National Project Management Agency was transformed into the National Advanced Projects Agency (NAPP). It will be the main regulator in the field
Bitcoin exchange Coinbase has launched a new line of products aimed at preventing illegal transactions and complying with regulatory requirements. The name of the venture is Coinbase Intelligence. Includes Know Your Coinbase
The Financial Market State Duma Committee supported the adoption at its first reading of the concept of a bill on the taxation of transactions with digital assets. The result is at the
Cryptocurrencies are a global phenomenon, so a coordinated effort is required to regulate them. This was expressed by a board member. ECB Fabio Panetta. Speaking at Columbia University, he pointed out that
The European Union has reached an agreement to pass the Digital Services Act (DSA), which aims to increase tech giants’ responsibility for recommendation algorithms and targeted advertising. today’s deal #DSA is historical.
SEC will not fully regulate the cryptocurrency industry as not all digital assets meet the definition of securities. This was stated by Brian Armstrong, CEO of Coinbase. “Obviously Bitcoin or Ethereum is
French President Emmanuel Macron “does not believe in a self-regulated financial sector” and therefore supports a bill to regulate cryptocurrencies. Mica. The politician stated this in an interview with The Big Whale.
The Office of the Currency Control within the U.S. Treasury (OCC) accused cryptocurrency bank Anchorage of “violating an operating agreement” with the regulator. The department explained that the company’s compliance program does
