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US Government News

The US government is a system of public administration in the USA that was established with the adoption of the Constitution in 1787. In terms of Bitcoin, the US government shows its interest in blockchain technology and its development. However, the US government’s view on Bitcoin still remains unclear as the regulation of digital currency hasn’t been created yet and now cryptocurrency is considered simply to be a digital asset rather than an official means of payment. The main concern of authorities is not the use of virtual money, but the possibility of avoiding taxes, money laundering and supporting terrorism as the effective, but traditional ways to prevent all of this doesn’t work with cryptocurrencies as well as it does with fiat currencies.
News
General counsel for Ripple Stu Alderoty predicted Joe Biden’s administration would likely “help level the playing field” for crypto.
Ripple pins hopes on Biden administration as co-founder sells 28.6M XRP
Turner Wright
2021-01-20T02:18:50+00:00
25585
Follow up
The next leader of the U.S. securities regulator seems to be sympathetic to the mission of decentralization.
Decentralization in the centers of power: Learn crypto from Biden's SEC chair pick, part 3/3
Kollen Post
2021-01-19T20:29:40+00:00
6350
Breaking news
Janet Yellen claimed many cryptocurrencies are used "mainly for illicit financing."
Biden's Treasury Secretary nominee calls cryptocurrencies a 'particular concern' for AML
Turner Wright
2021-01-19T19:01:48+00:00
13050
Follow up
The SEC's incoming chair predicted the crackdown on crypto exchanges over AML concerns back in 2018. See what other insight he had.
How to regulate exchanges: Learn crypto from Biden's SEC chair pick, part 2/3
Benjamin Pirus
2021-01-19T17:21:35+00:00
10558
News
Filing 2020 taxes may be slightly less complicated for Coinbase users than it was before.
Coinbase users can now report their crypto taxes using CoinTracker
Turner Wright
2021-01-15T18:00:00+00:00
14053
News
This is a big win for the crypto industry today, which was unanimous in opposition to a new anti-money laundering rule that many saw as rushed and draconian.
Treasury backs down: Crypto monitoring rule will wait until new administration
Kollen Post
2021-01-14T14:49:38+00:00
13049
Breaking news
With Acting Comptroller Brooks on his way out the door, the OCC has given its first digital bank charter.
Anchorage granted US's first national crypto bank charter
Kollen Post
2021-01-13T19:47:28+00:00
9211
News
Brooks considers the migration of the financial system onto the internet "inevitable."
An online future for finance is inevitable, says OCC's Brooks
Kollen Post
2021-01-13T17:47:06+00:00
5458

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