$107,446.00
-0.38%$2,445.38
-1.31%$2.10
-4.12%$645.75
-0.24%$141.13
-2.97%$0.999875
-0.00%$0.272216
-0.61%$0.161886
-2.13%$2,442.96
-1.33%$0.558556
-2.32%$107,334.00
-0.40%$36.58
-2.15%$2,948.99
-1.55%$495.66
0.88%$2.62
-3.76%$13.12
-1.33%$9.02
0.30%$17.50
-1.15%$0.235307
-2.81%$0.99993
0.01%$2.84
-0.27%$47.66
-0.69%$0.00001131
-2.95%$2,443.43
-1.39%$85.26
0.28%$2,616.38
-1.40%$1.00
-0.06%$0.143424
-4.23%$311.56
-1.00%$4.65
3.48%$0.999782
-0.03%$3.35
-0.18%$107,463.00
-0.41%$0.55241
-9.29%$6.92
-3.19%$0.00000926
-3.31%$256.04
-1.56%$5.08
5.61%$1.18
-0.07%$50.05
-1.60%$1.00
0.00%$322.13
-1.31%$2.08
-3.19%$170.90
-2.99%$4.72
-2.20%$0.081062
-1.32%$16.21
-1.45%$1.057
0.03%$0.737216
-3.41%$27.61
6.16%$0.999994
0.00%$0.602014
-1.28%$0.074055
-4.76%$15.91
-2.05%$4.42
-0.00%$8.97
-0.17%$3.92
-2.05%$0.02044493
-3.61%$107,758.00
0.00%$0.667327
1.00%$0.07722
-3.16%$3.03
-1.98%$0.174547
-1.87%$0.276962
0.69%$0.250532
-4.49%$0.303917
-0.29%$2.21
-2.23%$0.172528
-2.49%$4.35
-1.21%$2,443.56
-1.48%$0.998
0.19%$1.00
0.04%$99.56
0.32%$0.866465
-2.66%$11.07
-0.50%$149.29
-3.11%$1.00
0.01%$0.01789498
2.70%$1.18
-3.41%$0.399389
-3.10%$2,783.60
-1.39%$2,558.36
-1.45%$1.16
-11.52%$0.177342
-3.28%$10.65
-5.67%$0.00001334
-3.19%$1.00
-0.01%$0.657258
-1.75%$0.999826
-0.05%$1.44
-8.60%$0.999482
-0.01%$0.307238
-0.82%$0.059265
1.15%$0.961506
-2.63%$1.43
-4.98%$0.532141
-2.15%$2,602.22
-1.82%$107,176.00
-0.42%$3,309.86
-1.19%$2,564.81
-1.41%$1.11
0.01%$107,267.00
-0.37%$645.60
-0.34%$2.96
-3.72%$108,888.00
0.88%$2,571.58
-1.23%$3,299.48
-1.11%$0.07992
-2.28%$0.495351
-2.81%$0.780387
-2.47%$0.407805
-2.56%$157.91
-2.95%$111.57
0.01%$2,638.18
-1.52%$183.86
-3.02%$0.507791
-2.98%$2.14
-1.95%$0.00007043
-1.84%$1.97
-2.90%$0.998598
-0.01%$0.782862
-4.00%$0.659479
-2.62%$0.00997213
-3.93%$0.601043
1.41%$39.73
-3.72%$1.089
-0.93%$0.01288423
-2.15%$0.694614
-2.03%$18.43
-2.35%$30.69
-2.45%$0.01341907
-1.55%$0.997835
0.02%$0.152809
-2.95%$0.223584
0.16%$0.00932702
-2.87%$0.239375
-3.48%$0.00000059
-2.25%$106,963.00
-0.36%$107,163.00
-0.41%$36.53
-2.28%$0.528549
-0.53%$3.38
-1.31%$2,442.42
-1.37%$0.092699
-1.39%$2,444.13
-1.35%$0.522167
-2.77%$1.93
-4.17%$0.01512354
-6.02%$0.319811
-2.32%$2,610.95
-1.49%$0.376384
-7.43%$8.87
6.82%$107,435.00
-0.30%$2,522.78
-3.20%$0.998788
0.10%$2,443.47
-1.43%$0.999352
-0.05%$0.604227
-3.55%$0.248286
-3.51%$0.178615
-3.73%$1.32
-2.73%$1.00
0.00%$0.00440625
9.10%$0.403196
-1.55%$0.9999
-0.00%$0.06062
-1.42%$0.00000043
-1.06%$1.37
-3.26%$1.001
0.01%$45.62
-1.67%$36.61
-2.05%$0.161724
-2.15%$1.091
-0.01%$0.997917
0.94%$2.15
-2.00%$0.393238
-2.43%$0.03959322
-1.28%$0.998719
-0.09%$5.39
-2.18%$2,443.29
-1.35%$2,596.90
-1.50%$0.0000188
-1.66%$0.315539
-1.18%$13.09
-2.26%$0.0063912
-2.08%$0.10971
-1.35%$0.174842
5.18%$0.363101
-0.06%$0.479016
-2.20%$0.070147
-1.87%$2.18
-2.69%$1.23
0.32%$0.49414
-3.19%$0.0037995
-4.80%$0.924589
-2.37%$0.00000088
-9.04%$2,693.15
-1.34%$1.39
-1.95%$1.077
-5.34%$108,289.00
1.38%$0.03445818
-4.46%$107,290.00
-0.23%$0.999913
-0.02%$0.03325025
-1.02%$19.97
0.06%$2,670.91
-1.35%$0.999883
-0.03%$0.320645
-2.56%$0.01647436
-0.54%$0.04500494
1.20%$0.125905
-5.86%$2,445.30
-1.26%$0.999207
0.02%$0.999994
0.11%$4.70
-3.27%$153.75
-3.03%$0.00005518
-1.24%$0.00346326
-9.10%$10.13
0.05%$2,438.91
-1.55%$0.063303
-0.03%$1.075
-0.82%$107,446.00
-0.23%$0.714732
-0.84%$108.61
-2.32%$0.435474
-1.83%$0.0287781
0.07%$0.0000014
8.62%$0.680788
0.36%$0.0033276
-3.79%$17.48
-1.21%$106,270.00
1.57%$1.002
0.19%$0.00523004
-0.04%$0.595246
0.07%$2,157.54
-0.35%$0.587811
-3.30%$1.21
0.11%$1.018
0.06%$1.62
-2.05%$0.263785
-3.68%$0.174777
-1.80%$102,703.00
-2.13%$0.176383
-2.88%$14.45
-1.04%$19.44
-2.61%$0.00344299
-2.34%$0.070148
-6.60%Reading
The Financial Crimes Enforcement Network (FinCEN), a bureau of the US Treasury Department, wants US citizens to report if they hold more than $10,000 in cryptocurrencies with foreign digital currency service providers.
FinCEN Notice 2020-2, filed on Thursday, would amend the Bank Secrecy Act's Foreign Bank and Financial Accounts (FBAR) regulations. The notice reads: "FinCEN intends to propose to amend the regulations implementing the Bank Secrecy Act (BSA) regarding reports of foreign financial accounts (FBAR) to include virtual currency as a type of reportable account."
The rule change would bring FBAR rules around crypto in line with those applying to cash held by US citizens outside the US. Under the current regulations, the notice states, "a foreign account holding virtual currency is not reportable on the FBAR."
The notice makes no mention of when the proposal is set to be implemented, or what information crypto holders would be required to report, such as blockchain addresses. At present, individuals filing FBARs must provide the name on the account, the account number, the name and address of the foreign bank where funds are held, the type of account and the maximum value held during the year.
The move is part of a flurry of proposed crypto regulatory changes coming from the Treasury Department, just weeks before its leadership is expected to change under the incoming Biden administration.
The rumors were true. After weeks of speculation that the Treasury Department was working on regulations that would affect crypto wallets, the Financial Crimes Enforcement Network (FinCEN) today issued proposed rules that would "require banks and money service businesses ('MSBs') to submit reports, keep records, and verify the identity of customers" who make crypto transactions into unhosted (read: private) wallets. The new rules, which have gone out for public comment until January 4, 2021, pro...
Last month, FinCEN proposed a change to regulations that would classify "convertible virtual currency" and "legal tender digital assets" as "monetary instruments," making them subject to the requirements of the Bank Secrecy Act (BSA).
The move would require money service businesses to report certain crypto transactions to unhosted (in other words, private) wallets to FinCEN.
The US Treasury is about to impose new restrictions on money services businesses (MSBs) that interact with self-hosted crypto wallets, as pointed out by Coinbase CEO Brian Armstrong and reported by The Block. It’s anticipated that the new rule will request MBSs to file currency transaction reports when a client conducts a crypto-related transaction above a yet-to-be-confirmed threshold. The rule might be similar to current reporting transactions well established in the traditional finance world—...
Privacy advocates, crypto businesses, and politicians have expressed concern about the proposed rule change, in particular the speed of the process.
Rather than prematurely adopting a rule on this complex topic, Treasury should immediately begin a transparent process to engage with Congress and industry, building a consensus to drive America forward. (3/8)
— Cynthia Lummis (@CynthiaMLummis) December 18, 2020
In a letter to Treasury Secretary Steve Mnuchin, a bipartisan group of Representatives has queried the "rushed process" and requested that the current 15-day review period be extended to 60 days. The letter argues that the American public has not been given "a reasonable opportunity to respond" to a "highly complex rulemaking".
Digital asset platform Bakkt Holdings has notified the U.S. SEC of its plans to sell up to $1 billion in securities to provide fresh capital for a possible expansion of its corporate treasury to include Bitcoin. Bakkt's S-3 filing on Thursday creates a $1 billion pool of potential securities, including common stock, preferred stock, debt securities, warrants, and bundled stock units, which could be tapped whenever market conditions become favorable. Backed by Intercontinental Exchange, the platf...
Bitcoin treasury firm Metaplanet has amassed an additional 1,234 Bitcoin worth nearly $132 million, based on the current price, marking its third-largest BTC buy to date, according to a disclosure released by the firm on Thursday. The Japan-based firm purchased the Bitcoins for 15,617,281 yen per token, or around $108,129 at the current conversation rate, the filing shows. The purchase date remains unclear. This latest acquisition brings Metaplanet’s Bitcoin holdings to 12,345 BTC, worth more th...
A Tether co-founder and former Blackstone dealmaker are aiming to raise $1 billion to build a digital asset treasury for a company they aim to take public, according to a Bloomberg report. The duo, ex-Blackstone executive Chinh Chu and stablecoin titan Reeve Collins, will raise the capital through their special-purpose acquisition company M-3 Brigade Acquisition V Corp., the publication reported Wednesday, citing sources familiar with the matter. The firm’s treasury would hold several digital as...
