Treasury


Videos

Rio De Janeiro to Allocate 1% of Treasury Reserves to Crypto

The mayor of Rio de Janeiro, Brazil’s second-most populous city, reportedly announced last week he plans to allocate 1% of the city’s treasury reserves to cryptocurrencies. Bruno Ramos de Sousa, Head of Global Expansion at Brazilian crypto asset manager Hashdex, shares insights into what this could mean for bitcoin adoption in Brazil.

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Videos

Bitcoin Price: Still Room to Fall?

Bitcoin's price could continue to fall as the "death cross" pattern looms on its daily charts by some estimates. "All About Bitcoin" discusses BTC's possible outcomes next week and short-term signals to watch. Plus, an update on the state of crypto adoption in Rio de Janeiro, Brazil, as the city plans to invest 1% of its treasury into bitcoin.

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Finance

Rio De Janeiro to Allocate 1% of Treasury Reserves to Crypto: Report

The Brazilian city also plans to give discounts on tax payments made with bitcoin.

Rio de Janeiro

Policy

Bank of America Sees Stablecoin Regulation as Catalyst to Mass Adoption

Stablecoins are viewed as a systemically important asset with a market value of around $141 billion.

Dólares estadounidenses (Shutterstock)

Policy

Biden Administration Sanctions Crypto Exchange Chatex Over Ransomware Allegations

The Treasury Department said the exchange provided “material support” to Suex, a previously sanctioned exchange.

Gage Skidmore/Flickr

Policy

US Treasury to Say SEC Can Regulate Stablecoins: Report

SEC Chairman Gary Gensler wants more authority before Congress works out how best to regulate the cryptocurrencies.

Gary Gensler (Evelyn Hockstein/Getty Images)

Videos

US Treasury Department Prepares Stablecoin Report

U.S. Treasury officials are developing a report on stablecoins and their potential risks to the financial system to present to the President’s Working Group for Financial Markets. This allegedly follows last week’s meeting with representatives from financial institutions to discuss stablecoin regulations and other crypto issues.

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Policy

Here’s How the US’s Infrastructure Bill Crypto Tax Provision Might Be Implemented

The House of Representatives will vote on the infrastructure bill at the end of the month.

WASHINGTON, DC - JUNE 23: Treasury Secretary Janet Yellen answers questions during a Senate Appropriations Subcommittee hearing to examine the FY 2022 budget request for the Department of the Treasury on Capitol Hill  June 23, 2021 in Washington, DC. (Photo by Greg Nash -Pool/Getty Images)

Videos

Binance Appoints Former US Treasury Enforcer to Anti-Money Laundering Role

Binance has named former U.S. Treasury enforcement investigator Greg Monahan as its global money laundering reporting officer. The appointment comes as the crypto exchange is attempting to be more proactive in its regulatory compliance. Where is it headed next?

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Videos

IRS Will Reportedly Ignore How Infrastructure Bill Defines ‘Broker’

The U.S. Treasury Department is reportedly preparing to offer an olive branch to crypto developers, miners, and hardware firms spooked by the $1 trillion bipartisan infrastructure bill’s tax reporting requirements. “The Hash” hosts discuss whether the Treasury Department could combat the concerns of the bill that no other government agency has been able to achieve.

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