Crypto Advocate Tom Emmer Criticizes Treasury’s Control Over Crypto and CBDCs

House Majority Whip Tom Emmer has strongly criticized the Treasury Department’s recent recommendations for increased control over the cryptocurrency industry. Speaking at the Blockchain Association Policy Summit, Emmer expressed concerns about the agency’s intentions, cautioning against relying on a supposed savior figure. Emmer has also voiced opposition to central bank digital currencies (CBDCs), describing them […]

US Treasury Pushes for Greater Control Over Stablecoins Amid De-Dollarization and Terrorism Funding Concerns

The ongoing debate in the United States regarding the regulation of blockchain technology, web3 industry, and crypto assets is expected to be a major topic in the 2024 presidential elections. With a significant number of American voters already invested in the crypto market, politicians are eager to address this issue. The US Treasury Department is […]

US Treasury Pushes for Greater Control Over Stablecoins Amid De-Dollarization and Terrorism Funding Concerns

The ongoing debate in the United States regarding the regulation of blockchain technology, web3 industry, and crypto assets is expected to be a major topic in the 2024 presidential elections. With a significant number of American voters already invested in the crypto market, politicians are eager to address this issue. The US Treasury Department is […]

SEC Invites Public Opinion on Fidelity’s Ethereum ETF Application

The US Securities and Exchange Commission (SEC) has opened up the opportunity for the public to provide comments on Fidelity’s application for a spot Ethereum exchange-traded fund (ETF). This move by the SEC allows individuals to share their insights on the proposed rule change that would enable Fidelity to introduce shares of its spot Ether […]

SEC Invites Public Opinion on Fidelity’s Ethereum ETF Application

The US Securities and Exchange Commission (SEC) has opened up the opportunity for the public to provide comments on Fidelity’s application for a spot Ethereum exchange-traded fund (ETF). This move by the SEC allows individuals to share their insights on the proposed rule change that would enable Fidelity to introduce shares of its spot Ether […]

Circle Issues Statement on Allegations and Compliance Standards

Facing allegations and scrutiny from regulators and government officials in the U.S., Circle, the stablecoin issuer behind USDC, has issued a statement addressing its purported ties with Hamas and Justin Sun. Circle emphasizes its commitment to stringent compliance standards and its cooperation with law enforcement. The company asserts that it abides by legal measures and […]

Confusion Surrounds Australian Cryptocurrency Tax Guidelines

Australia’s new cryptocurrency taxation guidelines have been criticized by an Australian law firm, which suggests that they should be disregarded as they are unclear and essentially worthless. The Australian Tax Office (ATO) released non-binding guidance on November 9, which could impact how investors and traders report their taxes in relation to decentralized finance (DeFi). The […]

SEC Meets with Hashdex to Discuss Bitcoin ETF Proposal

The U.S. Securities and Exchange Commission (SEC) recently met with Hashdex, an applicant for a Bitcoin ETF. The meeting discussed a proposed rule change that would allow NYSE Arca to list and trade shares of Hashdex’s Bitcoin ETF. The SEC memo stated that two individuals from the SEC’s Office of the Chair met with three […]

Changes in Circumstances that Affect Child Benefit

Your Child Benefit: Stay Updated and Avoid Payment DisruptionsAs a parent or guardian receiving Child Benefit, it is crucial to stay informed about recent updates and changes that may affect your entitlement. Any changes in your child’s circumstances must be promptly reported to HMRC to ensure uninterrupted payments.Various circumstances can impact your entitlement to Child […]

Changes to Child Benefit: What You Need to Know

Your Child Benefit: Stay Updated on Important ChangesAs a parent or guardian receiving Child Benefit, it is crucial to stay informed about recent updates and changes that may affect your entitlement. Keeping HMRC informed of any changes in your child’s circumstances is essential to ensure uninterrupted benefit payments.There are various circumstances that can impact your […]