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Hawaiian Bill Would Let Banks Act as Crypto Custodians

Hawaiian lawmakers have submitted a bill that allows banks to provide custody for digital assets......»»

Category: forexSource: coindeskJan 23rd, 2020

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......»»

Category: forexSource: coindeskJan 21st, 2019

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.....»»

Category: smallbizSource: nytMay 25th, 2021

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......»»

Category: topSource: bizjournalsMay 11th, 2021

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.....»»

Category: blogSource: benzingaMay 7th, 2021

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).’.....»»

Category: topSource: marketwatchMay 6th, 2021

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......»»

Category: topSource: marketwatchApr 3rd, 2021

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.....»»

Category: worldSource: nytApr 1st, 2021

Central Banks & The Chernobyl Quandary

Central Banks & The Chernobyl Quandary Authored by Bill Blain via MorningPorridge.com, “Yet who would have thought the old .....»»

Category: blogSource: zerohedgeMar 5th, 2021

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%.....»»

Category: topSource: businessinsiderFeb 24th, 2021

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.....»»

Category: dealsSource: nytJan 6th, 2021

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......»»

Category: topSource: marketwatchJan 4th, 2021

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......»»

Category: forexSource: coindeskMay 15th, 2020

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......»»

Category: forexSource: coindeskMay 12th, 2020

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......»»

Category: forexSource: coindeskMay 6th, 2020

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......»»

Category: forexSource: coindeskMay 5th, 2020

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......»»

Category: forexSource: coindeskMay 1st, 2020

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......»»

Category: blogSource: crainsnewyorkApr 30th, 2020

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......»»

Category: forexSource: coindeskApr 28th, 2020

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......»»

Category: forexSource: coindeskApr 7th, 2020

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......»»

Category: forexSource: coindeskApr 6th, 2020