Tag: GAO
U.S. SEC’s Knock From GAO Unlikely to Budge Agency’s View on Crypto Accounting
SAB 121 has been chasing large banks and brokers away from the crypto sector, said Paul McCaffery, who works as a managing director focusing on digita [...]
GAO finds controversial SEC guidance is subject to congressional oversight
United States Senator Cynthia Lummis has scored another one for crypto with a Government Accountability Office (GAO) decision issued on Oct. 31. The G [...]
U.S. SEC Messed Up in Handling Contentious Crypto Accounting Bulletin 121: GAO
"Today, the GAO recognized SAB 121 for what it is: regulation under the guise of staff guidance," said Nathan McCauley, CEO and co-founder of Anchorag [...]
Federal Regulators Are Needed for Crypto Oversight: U.S. GAO
Major U.S. financial regulators - the Consumer Financial Protection Bureau (CFPB), the Commodity Futures Trading Commission (CFTC), the Federal Deposi [...]
US GAO says lack of interagency cooperation needs to be addressed in crypto regulation
The United States Government Accountability Office (GAO), a Congressional watchdog agency, has released a report it completed in June on the regulator [...]
US GAO explores blockchain for SBA’s small business programs oversight
The United States Government Accountability Office (GAO) found that blockchain technology can help facilitate oversight of various programs run by the [...]
GAO cites exposure to digital assets in exploring collapse of Signature Bank
The United States Government Accountability Office, or GAO, has released its preliminary review of the failures of Silicon Valley Bank and Signature B [...]
EPA’s refinery exemptions denial not subject to Congressional Review Act, GAO says
Details: GAO concluded in a report Thursday that the agency’s actions fall within the definition of an “order” — not a rule — and are not subject to [...]
Rep. Torres asks US GAO to investigate SEC ‘failure’ to protect public against FTX
An American legislator has asked the United States Government Accountability Office (GAO) to look into the performance of the Securities and Exchange [...]
US House Ways and Means chairman asks the GAO to check out crypto in retirement plans
Chairman of the United Sates House of Representatives Ways and Means Committee Richard Neal sent a letter to the Government Accountability Office (GAO [...]
Extreme oil leaks worsened Keystone pipeline’s spill file, GAO finds
The choice to revoke the Keystone allow cheered Democrats however was criticized bitterly by Republicans.
Jane Kleeb, chair of the Nebraska Democ [...]
High Homeland Safety Officers Are Serving Illegally, G.A.O. Says
WASHINGTON — President Trump’s prime two officers on the Division of Homeland Safety are illegally serving of their positions, with appointments th [...]
IRS Refused to Make clear That Its Crypto Tax Steering Is not Binding, US Watchdog Says
The Inside Income Service (IRS) ought to – however will not – make clear how taxes are levied on cryptocurrencies and cryptocurrency transactions w [...]
Impeachment trial: A GAO report contradicts Ken Starr’s Trump protection
President Trump’s defense within the impeachment trial started its second day of opening arguments on Monday — and counsel Ken Starr jumped stra [...]
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