Biden Administration Reportedly Drafts Executive Order To Oversee Cryptocurrency Regulation ⋆ ZyCrypto

Biden Administration Reportedly Drafts Executive Order To Oversee Cryptocurrency Regulation

[ad_1] Advertisement &nbsp &nbsp According to multiple anonymous sources cited by Bloomberg, the Biden administration is planning to issue an executive order on cryptocurrency, as part of the government’s broad effort to get a handle on the sector. Details Of The Proposed Executive Order The order would require various federal agencies, including the … Read more

The U.S. Will Not Mirror China’s Ban On Cryptocurrencies, Fed Chair Powell Tells Congress ⋆ ZyCrypto

The U.S. Will Not Mirror China’s Ban On Cryptocurrencies, Fed Chair Powell Tells Congress

[ad_1] Advertisement &nbsp &nbsp The United States will not follow the example of China in imposing an outright ban on cryptocurrencies but is looking at regulating stablecoins, the Fed Chairman said on Thursday. The Fed Has “No Intention” Of Banning Cryptocurrencies The United States Federal Reserve does not intend to ban all cryptocurrency … Read more

US House of Representatives to vote on $1 trillion bill

[ad_1] The bill passed in the Senate in August and includes crypto-focused sections on tax reporting US House of Representatives Speaker Nancy Pelosi said on Sunday that the controversial infrastructure bill will be voted on this week, with passage likely by Thursday 30 September. According to the House Speaker, debate on the $1 trillion bill … Read more

Banks Protest Crypto Firms’ Claim to Federal Reserve Payments Systems

[ad_1] Crypto businesses are seeking access to the US Federal Reserve’s (FED) payments systems that legacy finance institutions use to move money around swiftly. However, in a bid to protect their privileged position in the US financial system, banks are protesting against providing crypto companies with such access. Some of the major crypto firms that aim … Read more

Arizona’s Casino Del Sol To Launch New Sportsbook With Scientific Games

[ad_1] The Pascua Yaqui Tribe selected Scientific Games to power the launch of its first sportsbook at its Casino Del Sol land-based casino in Tucson, Arizona. Scientific Games will deploy its full OpenSports platform solution at the casino, with visitors able to place bets at a retail sportsbook and at self-service sports betting kiosks throughout … Read more