Hawaiian Bill Would Let Banks Act as Crypto Custodians
Hawaiian lawmakers have submitted a bill that allows banks to provide custody for digital assets......»»
Wyoming Bill Would Clear the Way for Crypto Custody at Banks
Wyoming legislators have introduced a bill to classify digital assets as property and provide banks with clarity on crypto custodial services......»»
Elizabeth Warren Bill Would Force Banks To Reveal "Account Flows" To Catch Wealthy Tax Cheats, Focus On "Racial Inequities"
Elizabeth Warren Bill Would Force Banks To Reveal 'Account Flows' To Catch Wealthy Tax Cheats, Focus On 'Racial Inequities' New legislation proposed by Sen. Elizabeth Warren (D-MA) would su.....»»
Hawaii internet service providers to participate in federal broadband aid program
Eligible Hawaii households can receive a discount of up to $50 a month on their broadband internet bill. There is an enhanced benefit of up to $75 per month for qualifying households on Hawaiian Home Lands......»»
Crypto Mining Might Be In Danger In The State Of New York With This New Bill
A bill proposed in the New York State could force local miners of Bitcoin (CRYPTO: BTC) and other crypto assets to move or stop their activities for three years. read more.....»»
The Moneyist: I have crypto FOMO! ‘I’m too old to sit and hope I can make up for the lost time by safely investing my little bit of money’
‘I have a $3,000-a-month pension. I am living with my ill father, and I am currently not working and looking for a job. I am going to college using the GI Bill. I am almost 50, and have no 401(k).’.....»»
Market Extra: ‘This has to be one of the single greatest losses of personal wealth in history,’ says stock-market pro of Archegos margin call
Wall Street on Tuesday may be seeing muted action but investors were still buzzing about the highly leveraged wrongway bet reportedly employed by Bill Hwang's Archegos Capital Management, which may have saddled many banks with multibillion-dollar losses......»»
Crypto-art investors could face a surprise on tax day since NFTs can lead to a hefty tax bill
"Holy s---, that's a lot of taxes," digital artist Beeple told CNBC after he fo.....»»
Central Banks & The Chernobyl Quandary
Central Banks & The Chernobyl Quandary Authored by Bill Blain via MorningPorridge.com, “Yet who would have thought the old .....»»
JPMorgan and Citi are using blockchain technology, and other banks are considering allowing clients to hold crypto in bank accounts, Bank of America research finds
BofA analysts found that 21%.....»»
Veteran investor Bill Miller flips Warren Buffett"s Bitcoin snub to argue crypto beats cash
"Warren Buffett famously called bitcoin 'rat poison.' He may well be right. Bitcoin could be rat poison, and the rat could be cash." Paul Morigi/Getty Images for Fortune/Time Inc Value investor Bill Miller praised Bitcoin in a market lette.....»»
Cryptos: Crypto prices jump after U.S. regulator says banks can use stablecoins, connect to blockchains
Cryptocurrency prices soared late Monday, after a federal banking regulator said U.S. financial institutions are allowed to use stablecoins for payment activities, and can participate as nodes in a blockchain......»»
BitGo Now Providing Custody for India’s Largest Crypto Exchange
One of the oldest crypto custodians, BitGo has started securing crypto assets at India's largest exchange by trade volume, CoinDCX......»»
Blockchain Bites: Will Crypto See Any of the CBDC Action?
The world is growing comfortable with digital assets: JP Morgan banks crypto, England discusses CBDCs and Sheila Warren a place for privacy coins......»»
Irish Crypto Firms Squeezed by Bank Account Closures, Regulatory Delays
A delay in transposing the EU's 5AMLD into local law has given crypto companies no recourse after Irish banks closed their accounts......»»
4 Ways COVID-19 Will Bring Banks and Regulators to Crypto
Consensus:Distributed speaker and CoinDesk columnist Ajit Tripathi argues the pandemic will normalize the use of CBDCs and cryptocurrencies......»»
Bitfinex, Tether Seek Subpoenas Across US in Hunt for Missing $800M
Bitfinex and Tether’s parent company wants to question employees of at least three U.S. banks about Crypto Capital – Bitfinex’s payment processor – accounts and holdings in an effort to recover more than $800 million......»»
Banks fume as glitches hinder second chance at SBA loans
Gov. Andrew Cuomo outlined how stay-at-home restrictions could be eased for parts of the state. New York Mayor Bill de Blasio said city-run health clinics soon will use a that lets people collect... To view the full story, click the title link......»»
CipherTrace’s New Crypto Tracing Tool Is Meant for Banks
CipherTrace is rolling out a toolkit to help banks flag accounts and crypto-related transactions that may be suspicious......»»
Germany’s Crypto Custody Law Hits a Snag: Startups Can’t Get Bank Accounts
Even though the crypto custody law falls under the German banking act, German banks are hesitant to give crypto firms bank accounts......»»
Revolut Expands Crypto Offering – But Not in the US
Fintech challenger bank Revolut accelerated its plans to offer crypto buy and sell services due to recent actions by central banks, said head of crypto Edward Cooper......»»