Federal Reserve

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‘Further Gains Ahead’: Stock Market Update For The Week Ahead

The Past Week, In A Nutshell
What Happened: Last week ended negative alongside mixed messaging on stimulus.
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FED, Federal Reserve, Feds, FinCen, funds transfer, Legal Tender, medium of exchange, payment orders, Regulation, Suspicious Activity Reports, transmittal orders, Travel Rule, US National Security, Virtual Currencies

US Government Agencies Propose Changes to Funds Transfer Rules-Seek to Broaden Definition of Money to Include Cryptocurrencies

US Government Agencies Propose Changes to Funds Transfer Rules-Seek to Broaden Definition of Money to Include CryptocurrenciesThe U.S. Federal Reserve Board and Fincen are seeking feedback on their proposal to lower the threshold at which financial institutions must collect and retain information on funds transfers. In their joint notice on the rule change proposal, the two U.S. agencies want a new threshold for international transactions to be set at $250 down […]

The post US Government Agencies Propose Changes to Funds Transfer Rules-Seek to Broaden Definition of Money to Include Cryptocurrencies appeared first on Bitcoin News.

Bitcoin, Federal Reserve, FinCen, News

Bitcoin Community Cringes as Federal Reserve & the Treasury Look to Crack Down

The Bitcoin community is cringing as the Federal Reserve and the Financial Crimes Enforcement Network, a branch of the U.S. Treasury, looking to decrease the reporting requirements imposed on financial institutions. Bitcoin Community Doesn’t Like the Recent “Travel Rule” Moves These two entities are specifically targeting the so-called “Travel Rule,” which requires institutions to collect, retain, and share information about their clients. Those that have to abide by the Travel Rule include crypto exchanges. Integration […]

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Why The Economic Recovery Likely Won’t Come Until 2023

John Gallo, BNP Paribas head of global markets, has some advice for those anxiously awaiting the end of the recession born of the coronavirus pandemic: Hunker down.
The earliest the economy might return to a pre-COVID level? According to Gallo, it’s mi…

$1m per year, $400k, 15%, 21, 39.6%, 43.4%, 50 Cent, capital gains, Capital Gains Bitcoin, Chris Pacia, Donald Trump, Featured, Federal Reserve, joe biden, Mike in Space, Money Printing, Naomi Jagoda, payroll tax, Socialism, Tax Bracket, the hill, US President

Bitcoin Proponents Bemoan Joe Biden’s Proposed Capital Gains Hike

Bitcoin Proponents Bemoan Joe Biden's Proposed Capital Gains HikeThe U.S. presidential election is only 14 days away, and a number of bitcoin proponents have been discussing the capital gains tax implications Joe Biden plans to invoke if he wins the American presidency. According to Biden’s plan, capital gains will be raised from 21% to 39.6% for certain income brackets. Two weeks ago, the […]

The post Bitcoin Proponents Bemoan Joe Biden’s Proposed Capital Gains Hike appeared first on Bitcoin News.

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‘Continued Economic Rebound’: Stock Market Update For The Week Ahead

The Past Week, In A Nutshell
What Happened: Last week ended positive alongside vaccine optimism and a retail sales beat.
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