News list for " urge"
Senator Todd Young, Republican of Indiana, has sent a letter to Secretary of the Treasury Scott Bescent urging the Internal Revenue Service (IRS) to revisit and consider its 2023 guidance on the tax treatment of cryptocurrency staking rewards. As a member of the Senate Finance Committee, Senator Young questioned the reasonableness of the current rule requiring cryptocurrency holders to pay taxes when they "receive" staking rewards, rather than when they "sell" them. A staking is when cryptocurre...
General Motors (GM. N) shares are on track for their best one-day performance in nearly six years, with the latest jump of 14%.
The Global Crypto Coalition (GEC) recently sent a letter to the Irish government strongly calling for the abandonment of the Communications Interception and Lawful Access Bill in the pipeline. The bill would allow law enforcement to access encrypted messages, which the GEC warned would pose a serious threat to cyber security, increase the risk of cybercrime, and could lead to the withdrawal of technology companies from Ireland. As the European headquarters of many tech giants, Ireland's legislat...
On September 23rd, US lawmakers urged the Securities Exchange Commission (SEC) to implement an executive order signed by Trump on August 7th to allow 401 (k) pension funds to invest in bitcoin and cryptocurrencies.
The Linea Association tweeted that it has approved the allocation of 4% of LINEA to liquidity providers participating in the LineaSurge campaign. As a first step towards distribution, SBT was issued to eligible wallets last Friday. More details on converting these SBTs into LINEA tokens will be announced via the official eligibility check page.
Linea Association发推表示，Linea Association已批准向参与LineaSurge活动的流动性提供者分配4%的LINEA。作为分发的第一步，SBT已于上周五发行至符合条件的钱包。有关将这些SBT转换为LINEA代币的更多详细信息将通过官方资格检查页面公布。
The Federal Reserve remains cautious internally, and the next presidential candidate calls for a 100-point interest rate cut this year! The Department of Justice urges Powell to fire Cook; the United States and Europe finalize a trade deal, and Trump wants to target key minerals... What major events happened around the world yesterday and this morning?
On August 14, US Treasury Secretary Vincent Bescent said he was not asking the Federal Reserve to make a series of interest rate cuts, but only pointed out that the model showed that the "neutral" rate would be about 1.5 percentage points lower than it is now. "I'm not telling the Fed what to do," Mr. Bescent said, referring to remarks the previous day that the Fed "could start a series of rate cuts". "What I'm saying is that to get to a neutral rate, it would take about 150 basis points of rate...
Mr. Bescent, the Treasury secretary, said he was not asking the Fed to make a series of rate cuts, noting only that models suggested the "neutral" rate would be about 1.5 percentage points lower than it is now. "I'm not telling the Fed what to do," Mr. Bescent said, referring to comments the previous day that the Fed "could start a series of rate cuts". "What I'm saying is that to get to a neutral rate, it would take about 150 basis points of rate cuts," Mr. Bescent said on Thursday. "If the exi...
