The Dept. of Commerce has 17 questions to help develop a crypto framework
The DoC’s series of 17 questions is set to be published on May 19 and asks for comments from the public that will inform the department’s creation of a regulatory framework for crypto businesses. The US Department of Commerce is calling for submissions on how it can establish a framework that will bolster American economic competitiveness in digital assets including crypto and stablecoins.The Department of Commerce (DoC) intends on publishing a series of 17 questions in a request for comment through the International Trade Administration. The request will be published in the Federal....
Related News
The tax framework may address questions surrounding wallet providers and income not derived from crypto sales.
The federal agency received eight responses to a request for comment on a document mandated by U.S. President Joe Biden’s March 9 executive order on digital assets. Among the numerous reports and other written material mandated in United States President Joe Biden’s March 9 executive order “Ensuring Responsible Development of Digital Assets” is a framework for enhancing United States economic competitiveness in digital asset technologies, due from the Commerce Department on September 5. In preparation for that document, the Commerce Department requested public comments through July 5,....
Members of the online bitcoin community may soon have their opportunity to ask New York State Department of Financial Services superintendent Ben Lawsky questions regarding bitcoin regulation. In a correspondence via Twitter, Lawsky was encouraged by Twitter user Eric Beland to do an AMA on Reddit.com. @BenLawsky Impressed w/ your open approach! Highly recommend getting feedback by doing an AMA. The president did one! http://www.reddit.com/r/IAmA/. AMA, an acronym of "ask-me-anything" allows users of the social sharing site to ask questions to anyone they feel is noteworthy. Popular AMAs....
The Chamber of Digital Commerce, a trade association focused on promoting digital currencies and assets, announced today, at Money 20/20, that Don Tapscott had joined its board of advisors. The goal is for him to advise on government affairs and public policy related to technology and economic policy. He will also be working on a framework for best practices on blockchain technology for regulators. Tapscott is the author or co-author of more than 15 books about technology, such as The Digital Economy: Promise and Peril in The Age of Networked Intelligence and Grown Up Digital: How the Net....
The Chamber of Digital commerce has launched an initiative to form an industry-leading Smart Contract Alliance (SCA). The announcement was made today, and its goal is to promote real-world applications for this novel technology. The Chamber of Digital commerce, a trade association comprised of industry leading companies representing the digital assets and blockchain sector, unveiled a new initiative called Smart Contract Alliance (SCA). The project aims to promote real world applications of this new “vital technology”, as the press release says: Smart contracts have the potential to....