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Crypto crackdown? Govt launching inquiry into cryptocurrency

Crypto crackdown? Govt launching inquiry into cryptocurrency
Newshub
6 hrs ago
© Getty Images
The inquiry will further our understanding of this increasingly important topic
An inquiry into the nature, impact and risk of cryptocurrencies has been announced by Parliament s Finance and Expenditure Committee.
It will look into the nature and benefits of cryptocurrencies as well as the risks to both users and Aotearoa as a whole.
This inquiry will give us a good opportunity to further our understanding of this increasingly important topic, Dr Duncan Webb, chairperson of the committee said.
The terms of reference will examine how cryptocurrencies are created and traded - including the environmental impact of crypto coin mining. ....

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Parliament's most powerful and influential select committee's launched an inquiry into cryptocurrency - 13-Jul-2021

Parliament s most powerful and influential select committee s launched an inquiry into cryptocurrency
Parliament s most powerful and influential select committee s launched an inquiry into cryptocurrency
13 July 2021
The Finance and Expenditure committee will probe the nature and risks of crypto.
Committee chair, Duncan Webb, says the inquiry will provide the opportunity for MPs to increase their understanding of cryptocurrency.
They ll be looking into how it s traded, its environmental impact, its tax implications and how it s used by criminals.
Webb will be summoning a number of experts to front to the committee. ....

Duncan Webb , டங்கன் வலை ,

Business Scoop » An Inquiry Into Cryptocurrencies

Press Release – Finance And Expenditure Select Committee
Parliaments Finance and Expenditure Committee has opened an inquiry into the current and future nature, impact, and risks of cryptocurrencies. Dr Duncan Webb, chairperson of the committee said: This inquiry will give us a good opportunity …
Parliament’s Finance and Expenditure Committee has opened an inquiry into the current and future nature, impact, and risks of cryptocurrencies.
Dr Duncan Webb, chairperson of the committee said: “This inquiry will give us a good opportunity to further our understanding of this increasingly important topic.”
The terms of reference for the inquiry are:
· To inquire into, and establish the nature and benefits of cryptocurrencies: ....

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Cryptocurrency inquiry: MPs to investigate risks and benefits

Photo: 123rf
The Finance and Expenditure Committee, chaired by Labour s MP for Christchurch Duncan Webb, released the terms of reference for the inquiry this morning.
It will look at how such currencies are created and traded, their use and misuse, and implications they might have for the tax system and regulators.
The inquiry would also consider the environmental impact of mining cryptocurrencies, which had become an increasing concern for environmental advocates.
Implications for financial systems would also be looked at, including risks to financial stability, tax, use by criminal organisations.
MPs would also consider whether cryptocurrency regulation is possible for states, central banks or through multi-lateral co-operation. ....

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A chance to figure out how cryptocurrency will affect the future - 14-Jul-2021

A chance to figure out how cryptocurrency will affect the future - 14-Jul-2021
nzcity.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzcity.co.nz Daily Mail and Mail on Sunday newspapers.

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