• About
  • Contact Us
Wednesday, August 10, 2022
Cryptos Newz
  • Home
  • News

    Breaking: Boeing Is Said Close To Issuing 737 Max Warning After Crash

    BREAKING: 189 people on downed Lion Air flight, ministry says

    Crashed Lion Air Jet Had Faulty Speed Readings on Last 4 Flights

    Police Officers From The K9 Unit During A Operation To Find Victims

    People Tiring of Demonstration, Except Protesters in Jakarta

    Limited underwater visibility hampers search for flight JT610

    Trending Tags

    • Commentary
    • Featured
    • Event
    • Editorial
    • Altcoin News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Business
  • Write For Us
  • Press Release
  • Web Stories
  • Legal Information
    • Affiliate Disclosure
    • DMCA Compliance
    • Privacy Policy
    • Contact Us
Cryptos Newz
  • Home
  • News

    Breaking: Boeing Is Said Close To Issuing 737 Max Warning After Crash

    BREAKING: 189 people on downed Lion Air flight, ministry says

    Crashed Lion Air Jet Had Faulty Speed Readings on Last 4 Flights

    Police Officers From The K9 Unit During A Operation To Find Victims

    People Tiring of Demonstration, Except Protesters in Jakarta

    Limited underwater visibility hampers search for flight JT610

    Trending Tags

    • Commentary
    • Featured
    • Event
    • Editorial
    • Altcoin News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Business
  • Write For Us
  • Press Release
  • Web Stories
  • Legal Information
    • Affiliate Disclosure
    • DMCA Compliance
    • Privacy Policy
    • Contact Us
No Result
View All Result
Cryptos Newz
No Result
View All Result
Home Bitcoin News

US Treasury sets forth framework for global crypto regulation

Crptoz by Crptoz
July 8, 2022
in Bitcoin News
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

READ ALSO

Predictions for 2022, According to the Co-Founder of Tether and Wax

Iran Places First Official Import Order With Cryptocurrency Worth $10 Million – Regulation Bitcoin News


The US Treasury would like to see a little closer cooperation between various global regulators on the subject of cryptocurrency regulation.

department, whose commentary on the need for international coordination was made in a fact sheet released Thursday, which says such conversations are crucial to address the potential risks that could find fertile ground with the increased use of digital assets.

,Uneven regulation, supervision and compliance across jurisdictions creates opportunities for arbitration and poses risks to financial stability and the protection of consumers, investors, businesses and markets.The department said in the release.

The framework, highlighting the inter-agency engagement between the US and allies around the world, was submitted to President Biden by the Secretary of the Treasury.

It also included the Secretary of State, the Secretary of Commerce and the US Agency for International Development (USAID).

Expected more than G7, G20 and FATF among other organizations

The US Treasury’s call was part of a framework on digital assets sent to President Joe Biden, and follows an earlier executive order targeted to ensure responsible innovation in the crypto industry.

The US government aims to take a unified approach to fostering major innovations in digital assets, according to Treasury officials. However, it wants to build relationships around the world to make it easier to investigate illegal transactions through offshore accounts.

Adequate regulation and cooperation will make it easier to combat money laundering, possible financing of terrorism, ransomware attacks, theft of sanctions. These and other major concerns could pose both national security and financial stability risks, the department said.

As such, the US Treasury is seeing further coordination and commitment from major organizations such as the G7, G20, the Financial Stability Board (FSB). Financial Action Task Force (FATF) and Organization for Economic Co-operation and Development (OECD).


Related Posts

Bitcoin News

Predictions for 2022, According to the Co-Founder of Tether and Wax

August 10, 2022
Bitcoin News

Iran Places First Official Import Order With Cryptocurrency Worth $10 Million – Regulation Bitcoin News

August 10, 2022
Bitcoin News

Crypto Newbie? Here’s How to Start Investing in Cryptocurrencies – BeInCrypto

August 10, 2022
Bitcoin News

Tales From Europe: Eurozone Crisis Shows The Argument For Bitcoin

August 10, 2022
Bitcoin News

Coinbase Betting Big On Staking Ahead of Ethereum Merge – Decrypt

August 10, 2022
Bitcoin News

Cleanspark Acquires Plug-in-Ready Bitcoin Mining Facility With up to 86 MW of Capacity – Mining Bitcoin News

August 9, 2022
Next Post

Troubled Crypto Lending Firms Investigated by Securities Regulators from Texas and Alabama

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

Man Who Broke into Terra Founder’s House Was Crypto Investor Who Lost 3 Billion Won

May 16, 2022

Dock Launches Ambassador Program – Press release Bitcoin News

January 17, 2022

When SHIB? Robinhood CBO States They Seek Compliant Ways to Increase Crypto Offering

February 9, 2022

Why You Should Stack Sats To Celebrate Father’s Day

June 19, 2022

Ted Cruz: Texas Should Be “Ground Zero” for Crypto Industry

March 3, 2022

EDITOR'S PICK

Inflation in the U.S. Skyrockets to 7%, So Deploy Bitcoin as a Hedge

January 17, 2022

From Bernie To Bitcoin: Fix The Money

June 9, 2022

ESPN Signs NFT Deal with Tom Brady

April 6, 2022

Lawsuit Claims US Labor Department’s Crypto Guidance Is Unlawful – Regulation Bitcoin News

June 7, 2022

About

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Follow us

Categories

  • Altcoin News
  • Bitcoin News
  • Blockchain News
  • Business
  • Cryptocurrency News
  • Ethereum News
  • How To Buy Crypto
  • News
  • Uncategorized

Recent Posts

  • TA: Bitcoin Price Takes Hit, Why BTC Remains at Risk of More Losses
  • Predictions for 2022, According to the Co-Founder of Tether and Wax
  • Iran Places First Official Import Order With Cryptocurrency Worth $10 Million – Regulation Bitcoin News
  • Crypto Newbie? Here’s How to Start Investing in Cryptocurrencies – BeInCrypto
  • Home
  • News
  • Write For Us
  • Press Release
  • Web Stories
  • Legal Information

© 2022 CryptosNewz - Premium Cryptocurrency News Blog CryptosNewz.

No Result
View All Result
  • Home
  • News
    • Altcoin News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Business
  • Write For Us
  • Press Release
  • Web Stories
  • Legal Information
    • Affiliate Disclosure
    • DMCA Compliance
    • Privacy Policy
    • Contact Us

© 2022 CryptosNewz - Premium Cryptocurrency News Blog CryptosNewz.