It looks like crypto stakeholders turned out in force, despite the Treasury's best efforts to evade scrutiny. Photo: Cointelegraph Despite many objections to the truncated timeframe, public comments are due tonight in response to the U.S. Treasury's proposal to require businesses like crypto exchang

A former top investigator is warning that the IRS might be shifting crypto tax payment enforcement into high gear. Photo: Cointelegraph A former top investigator is warning that “a high-stakes game of chicken” between the Internal Revenue Service (IRS) and cryptocurrency holders who fail to properly

As many in the crypto industry have said, 15 days over the holidays is just not enough time to respond. Photo: Cointelegraph Nine congresspeople have signed on to a letter to Treasury Secretary Steven Mnuchin, telling him to hold his horses. The Thursday letter is in response to the Treasury's

Photo: Coindesk The Financial Crimes Enforcement Network (FinCEN), the U.S. Treasury Department wing tasked with monitoring potential legal violations of domestic financial laws, wants Americans to report if they have more than $10,000 in cryptocurrencies with foreign financial or virtual asset serv

The crypto space needs your help to impact the outcome of the United States’ Treasury’s crypto wallet proposal. Photo: Cointelegraph With the two-week commentary period winding down, Jerry Brito, executive director of non-profit crypto policy advocate group Coin Center, says comments could make a di

Photo: Coindesk Leading cryptocurrency exchange Coinbase asked the U..S. Treasury Department to extend the comment period on proposed know-your-customer (KYC) requirements from 15 days to the typical 60 days normally afforded such proposals. Coinbase noted that the Financial Crimes Enforcement Netwo

Photo: fxmarkets Treasury also accuses Vietnam of manipulating the exchange rate to gain “unfair competitive advantage”. The US has accused Switzerland and Vietnam of being “currency manipulators”, saying their foreign exchange interventions had prevented “effective balance of payments adjustments”.

Rumored upcoming crypto wallet regulation gains further opposition, this time from Cynthia Lummis, a recently elected Wyoming senator. Photo: Cointelegraph As per recent rumors, United States Secretary of the Treasury, Steven Mnuchin, could drop a stringent piece of crypto-related legislation before

Photo: Bloomberg Fixed income trading platform Tradeweb Markets on Thursday reported solid figures for trading volumes in November 2020 as market volatility driven by Covid-19 developments bolstered activity during the normally sluggish year-end months. Average daily volume across all asset classes

The Bank of America (BofA) recently highlighted odds of the Fed rate hike in the next 3 or years, or even sooner, considering the 10-year bond yields and the economic transition. The U.S. bank quotes Fed Chair Jerome Powell while initially defying the rate hike odds before saying, “the market is thi

TOKYO (Reuters) - Japanese government bond (JGB) prices rose on Thursday, tracking overnight jumps in U.S. Treasuries, as the U.S. election count pointed to a divided government and raised expectations of a smaller stimulus spending.Yields on U.S. Treasuries, which had climbed to multi-month highs a

TOKYO, Nov 4 (Reuters) - Longer-dated U.S. Treasury yields retreated from five-month highs on Wednesday after reports U.S. President Donald Trump led Democrat challenger Joe Biden in the crucial state of Florida, suggesting a closer election than first thought.The benchmark 10-year yield initially j