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Top News In தரவரிசை உறுப்பினர் பேட் டூமி Today - Breaking & Trending Today

SEC Chair Gensler Signals Greater Regulation of Cryptocurrency Under Existing Authorities | Brownstein Hyatt Farber Schreck

SEC Chair Gensler Signals Greater Regulation of Cryptocurrency Under Existing Authorities | Brownstein Hyatt Farber Schreck
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Infrastructure bill: senator emphasizes on discarding crypto reporting

Infrastructure bill: senator emphasizes on discarding crypto reporting

The Senate Banking Committee’s Ranking Member Pat Toomey (R-PA) released a press release today encouraging Congress not to move forward with new bitcoin information reporting legislation in the infrastructure bill. He declared that the phrase was “unworkable” and that he would propose an amendment to remedy it. Late last week, a section of the Infrastructure bill dealing with cryptocurrency tax reporting came under fire for having some unintended and far-reaching consequences due to the way the language was written.
“Congress should not rush forward with this hastily-designed tax reporting regime for cryptocurrency, especially without a full understanding of the consequences,” Toomey said. The cryptocurrency tax reporting language could be the first in the United States, and its inclusion in a “must-pass infrastructure bill” raised questions about how quickly this policy was crafted ....

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Senate Republicans Demand Biden Remove Anti-Police Nominees

Senate Republicans Demand Biden Remove Anti-Police Nominees
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Senate Banking Committee Debates Merits Of Cryptocurrency - Technology

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The U.S. Senate Committee on Banking, Housing, and Urban
Affairs debated the benefits and drawbacks of
cryptocurrencies.
In a hearing titled Cryptocurrencies: What are they good
for?, Committee Chair Sherrod Brown (D-OH) argued that cryptocurrencies: (i) are
not backed by the full faith and credit of the United
States ; (ii) put at risk Americans hard-earned
money ; (iii) create a shadow financial system that lacks
oversight, regulation and limits; (iv) are not transparent or
democratic as claimed by proponents but rather a shady
and diffuse network ; and (v) will enable traditional ....

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From BIF to BID

From BIF to BID
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