Search Results for "blockchain treasury"
Hong Kong Fintechs Embrace Blockchain and DLT
Blockchain firms make up nearly 40% of all new Hong Kong FinTech companies launched in 2019.
Congress Members “Express Concern” Over Treasury’s Potential Crypto Wallet Regulations
Four members of Congress have expressed concerns in a letter to the US Treasury Secretary Steven Mnuchin, over their rumored self-hosted crypto wallet regulation ban.
Mode: The First UK-Listed Institution to Purchase Bitcoin as Part of its Treasury Investment Strategy
Mode has recently become the first UK publicly-traded company to purchase a significant amount of Bitcoin as part of its treasury investment strategy.
Former US Head of Treasury Lawrence Summers Backs Cryptocurrency
In an interview with CEO of the digital currency company Circle —Jeremy Allaire, Former US head of Treasury Lawrence Summers advocates for cryptocurrency’s benefits.
Arca Digital Asset Investment Firm Gets Approval from SEC to Tokenize US Treasury Bonds
Los Angeles-based digital asset investment firm Arca has launched trading for its new digitized security investment product that runs on the Ethereum blockchain.
US Treasury Secretary Janet Yellen Cites Crypto’s Growing Role in Terrorism Finance
US Treasury Secretary Janet Yellen said she sees the “promise” of cryptocurrency but also is wary of the reality that crypto is increasingly being leveraged to finance terrorism
Welcoming the Future of Finance with Blockchain
Blockchain is not limited to creating cryptocurrencies like Bitcoin. In fact, it has the potential to entirely remodel every industry out there, including the financial institutions.
XRP Token is Classified as a Non-Security by the UK Treasury
The UK has released a report for crypto assets and stablecoins to deliver a more comprehensive overview of its financial system.
What Coinbase CEO’s Crypto Regulation Rumors Mean for Bitcoin if Pushed by US Treasury?
Brian Armstrong, CEO of Coinbase, warned that the Trump Administration may be targeting Bitcoin on its way out of office through regulation, but what impact could it have?
PwC Expert's Take: What Are the 3 Grey Areas to Crypto Taxation in Hong Kong?
The Inland Revenue Department (IRD) of Hong Kong took a step further to provide clarity in taxing digital assets. In the recent press release titled “LCQ20: Regulation of virtual asset investment activities”, James Lau, the Secretary for Financial Services and the Treasury answered the queries raised by the Hon Wu Chi-wai on taxation of virtual assets, tax evasion of virtual asset-related business and latest effort to regulate virtual assets by the Hong Kong Securities and Futures Commission (SFC).
Bitcoin Price Drop, An Aftermath of Janet Yellen Calling the Cryptocurrency "Extremely Inefficient"
The crypto market with Bitcoin in the lead is down following comments from Treasury Secretary, Janet Yellen that BTC is mainly used in crime and is inefficient.
US Treasury Official says IRS is Assessing Models for Crypto Tax Reporting Rules
The IRS is developing domestic reporting rules for cryptocurrency taxation and assessing different models, according to a Treasury Department official at an OECD event.