Republican Kevin McCarthy says Fed chair needs more education on crypto
The House minority leader said the United States should not take a backseat to China when it comes to digital currencies. Kevin McCarthy, the minority leader in the U.S. House of Representatives, hinted that both the current Secretary of the…
Republican House Leader Wants Regulators To Embrace Bitcoin
In a recent interview, U.S. House Minority Leader Kevin McCarthy said lawmakers should not ignore bitcoin, but understand its future role.While many regulators around the world hope to deny the growing importance of Bitcoin to their economies and the world…
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US Government Concerned China’s Digital Yuan Could Threaten Dollar as the World’s Dominant Reserve Currency
By Kevin Helms
The U.S. government is reportedly concerned that China’s digital yuan could threaten the U.S. dollar’s status as the world’s dominant reserve currency. Officials at the Treasury, State Department, Pentagon, and National Security Council are increasing their efforts to understand the…
Biden Administration Closely Observing China’s Digital Yuan Trials
The Biden administration is keeping a close eye on China’s digital yuan ambitions. Digital Yuan Could Destroy Dollar Hegemony According to a Bloomberg report published on April 12, the Biden administration is stepping up scrutiny of China’s ambitious digital yuan…
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Spanish Tax Authority Issues 14,800 Warning Letters to Cryptocurrency Holders
By Felipe Erazo
Spanish authorities are enforcing their tough stance on the cryptocurrency industry, and the national tax agency seems to be taking it very seriously. Now, the Hacienda issued 14,800 warning letters to Spaniards under their watch for allegedly having failed or…
Bitcoin (BTC)Bitcoin.comcrypto taxesCryptocurrenciescryptocurrencyregulationSpainSpanishvalue added taxvat
Spanish Tax Authority Issues 14,800 Warning Letters to Cryptocurrency Holders
By Felipe Erazo
Spanish authorities are enforcing their tough stance on the cryptocurrency industry, and the national tax agency seems to be taking it very seriously. Now, the Hacienda issued 14,800 warning letters to Spaniards under their watch for allegedly having failed or…
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Central Bank of Nigeria Blocks Fintech Startups From Accessing KYC Service— Decision Described as an ‘Attack on All Fintechs’
The Central Bank of Nigeria (CBN) has recently suspended the provision of the bank validation number (BVN) service to all fintech and third-party partners. The decision means non-banks entities include crypto startups “have lost one of the most comprehensive means…
bank validation numberBitcoin.comCentral Bank of Nigeriacrypto exchangecryptocurrencyFintechFlutterwaveKYCnigeria cryptocurrencyNigeria Stock Exchangeregulationwealth transfer
Central Bank of Nigeria Blocks Fintech Startups From Accessing KYC Service— Decision Described as an ‘Attack on All Fintechs’
The Central Bank of Nigeria (CBN) has recently suspended the provision of the bank validation number (BVN) service to all fintech and third-party partners. The decision means non-banks entities include crypto startups “have lost one of the most comprehensive means…
Sri Lanka’s Central Bank Issues Public Warning Against Crypto Investments
The Central Bank of Sri Lanka (CBSL), has issued a warning to the general public about the risks involved in cryptocurrency investments. CBSL Calls Crypto Investments Risky The CBSL gave the warning via a notice published on its official page…