Browsing: House

Morning Minute: The White House and IRS Target Foreign Crypto Holdings In a significant policy shift, the White House, in conjunction with the Internal Revenue Service (IRS), has announced a targeted initiative aimed at foreign-held… (via Bpaynews real-time desk)

Headline: U.S. and Saudi Arabia Unveil Expanded Defense, Trade, and Tech Partnership The United States and Saudi Arabia have announced a wide-ranging package of agreements that deepen cooperation in defense, trade, and advanced technology. The… (via Bpaynews real-time desk)

On February 23, 2023, the White House commenced an in-depth review of a newly proposed Internal Revenue Service (IRS) rule aimed at regulating and taxing American-held cryptocurrency accounts in foreign countries. This initiative is a… (via Bpaynews real-time desk)

Democratic opposition During the House’s vote on the “Government Reopening Bill,” several Democratic members expressed their opposition vocally. This vocal dissent highlighted divisions within the party regarding the legislation. The atmosphere in the chamber became…

The House has voted to reopen the government while Congress intensifies its work on cryptocurrency regulation and oversight. This decision comes as lawmakers address pressing fiscal matters. The renewed focus on cryptocurrency highlights the growing…

Headline: US Growth Tug-of-War, Australia Jobs Beat, PBOC Fix, and a Crypto Shock Introduction: Global markets are weighing mixed macro signals: AI-driven productivity gains in the United States, deglobalization headwinds that could hit growth next… (via Bpaynews real-time desk)

Headline: Asia-Pacific Brief: Japan Signals Stability, Australia Jobs Beat, PBOC Fix Watched, Zcash Rallies Introduction: Asia-Pacific markets opened to a mix of macro and digital-asset headlines, with policymakers in Japan emphasizing fiscal and price stability,… (via Bpaynews real-time desk)

Market Snapshot: Crypto Pullback, Debt Pressures, and the Flight to Digital Ads A fast-moving mix of crypto volatility, fiscal pressures, and shifting media spend is defining the week’s narrative across markets. From Bitcoin’s early-session slide… (via Bpaynews real-time desk)

Headline: White House Weighs Limits on Proxy Advisers and Index-Fund Voting Power The White House is evaluating an executive order that could significantly reshape U.S. corporate governance by curbing the influence of proxy-advisory firms and… (via Bpaynews real-time desk)

The Speaker of the U.S. House of Representatives is expressing hope for a forthcoming vote on legislation aimed at reopening the government. This initiative comes amid ongoing discussions regarding government operations and funding. The Speaker’s…