IRS chief asks Congress for authority and resources to regulate cryptocurrencies
Internal Revenue Service Commissioner Charles Rettig on Tuesday asked Congress for new authority and resources in order to regulate cryptocurrencies for better tax collection and to avoid frauds and scams.
US Announces Disruption of 3 Terror Groups’ Cyber Financing Campaigns
U.S. authorities have seized millions of dollars and hundreds of virtual currency accounts used to funnel money to al-Qaida, Islamic State (IS) and Hamas’s military wing, the Justice Department announced Thursday.
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Coronavirus Stimulus Offered By House Financial Services Committee Creates New Digital Dollar
As the markets continue to drop and the U.S. looks to Congress for agreement on a massive stimulus package to save the economy from impacts of the coronavirus pandemic, the newest offer by House Democrats includes a very forward-looking kind of stimulu…
Will the Coronavirus bring the end of cash? Could this crisis introduce Central Bank cryptocurrencies?
The ongoing spread of the coronavirus has spurred government agencies to warn its citizenry against the use of paper currency and coins. Meanwhile, Central Banks around the world are considering the use of cryptocurrency in the future.
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