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Coinbase States Infrastructure Bill Could Impact 60 Million American Crypto Owners
Coinbase’s global tax VP has condemned Congress’s controversial decision to introduce crypto tax provisions into the infrastructural bill. They warned that this bill might impact 20% of the U. дальше »
2021-8-24 01:00 | |
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How Crypto Is Becoming More Applicable In The Real World
As per usual, crypto has been going through a fair amount of scrutiny. Whether it be the questioning the function of NFTs, concern over recent legislation in Congress, or uncertainty in crypto in general, a collection of major companies are singing a different tune. дальше »
2021-8-22 21:00 | |
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Our response to a recent editorial from Bloomberg on Congress’s crypto tax proposal
Learn about working at Coinbase: https://www.coinbase.com/careers - Medium дальше »
2021-8-22 01:48 | |
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SEC head Gary Gensler warns of ‘even more’ crypto regulation
Senator Elizabeth Warren recently released the letter Securities and Exchange Commission (SEC) Chair Gary Gensler sent in response to her request to address the “opaque and volatile” crypto market and resolve whether the Congress should intervene. дальше »
2021-8-13 19:00 | |
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Ted Cruz Makes Shocking Reveal About Effects Of New Crypto Tax Rules As Jack Dorsey Pleads With Senate To Reconsider
The U.S cryptocurrency community has spent the last week battling Congress over the proposed Bipartisan Infrastructure Bill that has a provision that defines “brokers” in the cryptocurrency industry as “any person who (for consideration) is responsible for regularly providing any service effectuating transfers of digital assets on behalf of another person.” Along with the crypto […] дальше »
2021-8-10 17:42 | |
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Infrastructure Bill Stalls As Discussion Focuses on Crypto Regulation
The United States Congress has been having trouble deciding on the infrastructure bill over debates on cryptocurrency regulation. The post Infrastructure Bill Stalls As Discussion Focuses on Crypto Regulation appeared first on BeInCrypto. дальше »
2021-8-9 10:25 | |
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Ethereum Tops $3,000 As Bull Rally Continues, Hitting Its Highest Level Since May
On August 7, Ethereum crossed above $3K in an ongoing crypto market rally, hitting a three-month high. ETH Is Breaking Out The past few days have been interesting for the crypto markets. Talk regarding dueling amendments to a cryptocurrency tax reporting requirement in the United States bipartisan infrastructure bill being passed in Congress has been […] дальше »
2021-8-8 17:23 | |
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CFTC Commissioner Brian Quintenz Fires Back At SEC, Affirms It Has No Authority Over Crypto Assets
Cryptocurrencies have received a lot of heat in recent times as governments have tried to bring the runaway “wildcat” industry under regulation. US regulatory bodies, courts, and Congress are all brainstorming how to favorably satisfy the public’s expectation of them concerning cryptocurrencies. дальше »
2021-8-7 23:09 | |
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US Government Looks to Increase Revenue By $30 Billion Via Cryptocurrency Taxes
The US government is looking to raise revenue through cryptocurrencies taxation. A new bipartisan $1. 2 trillion infrastructure bill in Congress intends to raise an estimated $28 billion from cryptocurrency tax enforcement measures as one of its financing mechanisms. дальше »
2021-8-2 17:51 | |
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It’s Not About Taxes, Congress is Coming After the Entire US Crypto Industry
The unreleased infrastructure bill is the talk of the crypto town, and for a good reason, as it aims to generate $28 billion in tax revenue from the current $1. 67 trillion cryptocurrency industry to help fund the nearly $1 trillion bill. дальше »
2021-8-1 17:30 | |
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Paraguayan Lawmakers Present a Very Different ‘Bitcoin Bill’ Than Expected
A group of Paraguayan lawmakers presented a ‘Bitcoin bill’ in the National Congress last week, but it turned out to be a very different proposal than what crypto followers expected. The bill seeks to control and regulate cryptocurrency transactions and establish taxes. дальше »
2021-7-19 10:30 | |
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Bitcoin Does Its Own Thing As Fed Chair Assures Tapering ‘Still A Ways Off’ As Monetary Policy Supports Demand
Federal Reserve Chairman Jerome Powell told Congress Wednesday that “there is still a long way to go” before its goal of full employment and 2% inflation is achieved, suggesting the central bank may not start to reduce its bond purchases as of yet. дальше »
2021-7-15 15:53 | |
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Fed Chair discusses digital assets in monetary policies report to Congress
The Federal Reserve is set to release a virtual assets’ report before the end… The post Fed Chair discusses digital assets in monetary policies report to Congress appeared first on Coin Journal. дальше »
2021-7-15 14:13 | |
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Paraguay’s Proposed Bitcoin Bill to Regulate Cryptocurrency Trading and Mining
After El Salvador, Paraguay is taking essential steps towards regulating cryptocurrency by introducing a new bill developed by Congressman Carlos Rejala and Senator Fernando Silva Facetti. While Rejala’s party only holds two seats in Congress, Facetti is a leader in one of the main opposition parties in the country, the Authentic Radical Liberal Party, which […] The post Paraguay’s Proposed Bitcoin Bill to Regulate Cryptocurrency Trading and Mining first appeared on BitcoinExchangeGuide. дальше »
2021-7-15 19:34 | |
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Debt Ceiling Back in Focus
Volatility in the bond and equity markets could be elevated as Congress deals with the debt ceiling, which was suspended until July 31, 2021. дальше »
2021-7-25 13:00 | |
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A Surge in Crypto Prices Reflects An “Increased Risk Appetite,” says Fed in its Monetary Policy Report
For the first time, the Federal Reserve has singled out the surge in cryptocurrency asset prices in its overall assessment of the stability of the financial system. In the brief comment revealed in the Fed’s semi-annual Monetary Policy Report to Congress released on Friday, the central bank said the rise reflected increased risk-taking by investors. дальше »
2021-7-12 15:28 | |
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A Bitcoin ETF Won’t Be Coming Any Time Soon Despite Expectations. Former CFTC Boss Explains Why
A Bitcoin Exchange Traded Fund, which is a Bitcoin derivative product that allows people to bet on Bitcoin price without owning the underlying asset, is not to be expected any time soon. Instead, it would have to wait until Congress strengthens cryptocurrency regulation according to former Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad. Meanwhile, […] дальше »
2021-7-10 17:51 | |
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US Senator Warren Presses SEC to Use ‘Full Authority’ to Regulate Cryptocurrency Trading
U. S. Senator Elizabeth Warren has warned of the growing risks of cryptocurrency trading. She recently called on the U. S. Securities and Exchange Commission (SEC) to “use its full authority to address these risks,” adding that “Congress must also step up to close these regulatory gaps. дальше »
2021-7-8 18:00 | |
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Spanish Congress Passes Antifraud Law: Users Will Have to Disclose Crypto Holdings Inside and Outside Spain
The Spanish Congress has approved the antifraud law that was amended last month by the senate. Spanish citizens must now inform about their crypto holdings even outside the country. The new law further establishes severe fines for citizens who fail to share this information with authorities. дальше »
2021-7-7 14:30 | |
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US Senator’s Advice: Buy, Hold, Save Bitcoin for Retirement as Congress Floods Economy With Trillions of Dollars
U.S. Senator Cynthia Lummis has encouraged “people to buy and hold” bitcoin in their portfolios. “I encourage them to save bitcoin for their retirement, for their future,” she said, adding that with Congress flooding the economy with trillions and trillions of dollars, “there’s no way” the value of the U.S. dollar will not be debased. […] дальше »
2021-7-2 18:00 | |
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“America on FIRE”: Congressional Crypto Hearing Focused on the Market Frenzy
Cryptocurrencies were once again the focus of the hearing of a subcommittee of the House Financial Services Committee on June 30. Right from the get-go, Congress was pretty clear on their bais with the hearing titled “America on ‘FIRE': Will the Crypto Frenzy Lead to Financial Independence and Early Retirement or Financial Ruin?” Instead of […] The post “America on FIRE”: Congressional Crypto Hearing Focused on the Market Frenzy first appeared on BitcoinExchangeGuide. дальше »
2021-7-2 20:54 | |
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What is the practicality of El Salvador adopting a national digital currency?
El Salvador’s congress voted to accept the cryptocurrency and won a supermajority of 62 out of 84 votes. Starting in September, El Salvador will soon have two official currencies: the United States dollar (USD) and bitcoin (BTC). дальше »
2021-7-1 07:00 | |
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US Congressman Calls for Law Allowing Government to Reverse Cryptocurrency Transactions
A U. S. congressman has called for a law that allows the government to identify cryptocurrency users and reverse crypto transactions. “There’s a significant sentiment, increasing sentiment, in Congress that if you’re participating in an anonymous crypto transaction that you’re a de-facto participant in a criminal conspiracy,” he said. дальше »
2021-7-1 02:30 | |
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Why This U.S. Congressman Compared Bitcoin Investment With Playing The Lottery
The U.S. Congress Oversight and Investigations Subcommittee held a hybrid hearing on Bitcoin and cryptocurrencies. The institution summoned Alexis Goldstein, Director of Financial Policy for the Open Market Institute, Sarah Hammer, Managing Director at the Stevens Center for Innovation in Finance, Peter Van Valkenburgh, Director of Research at Coin Center, and others. Adam Cochran, a […] дальше »
2021-7-1 23:01 | |
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The long-anticipated return for the Global Blockchain Congress by Agora Group finally arrived on June 21st and 22nd in Dubai, the UAE
With the help of co-hosts TDeFi, the 7th edition of the Global Blockchain Congress hosted over 250 investors, sponsors, and guests from the global blockchain community and highlighted some of the hottest topics in the technology industry. дальше »
2021-6-27 21:32 | |
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El Salvador’s Law Making Bitcoin Legal Tender to Take Effect in September, Paraguay to Follow
El Salvador’s President Nayib Bukele said in a national address that a recently passed law making bitcoin legal tender would take effect on September 7, noting that its use will be optional. The countries’ Congress has already approved the proposal to embrace the cryptocurrency with a supermajority, making El Salvador the first country in the […] The post El Salvador’s Law Making Bitcoin Legal Tender to Take Effect in September, Paraguay to Follow first appeared on BitcoinExchangeGuide. дальше »
2021-6-25 15:56 | |
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US House of Representatives Passes Bipartisan Crypto Bill For The Second Time
The United States House of Representatives has passed a bipartisan bill that proposes the study of the use of blockchain technology and digital tokens. Within a week of introduction, the bill passed the 117th Congress with a resounding 325 votes in favor of, and 103 votes against. дальше »
2021-6-24 19:10 | |
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Paraguayan Lawmaker to Present Bitcoin Legislation Next Month — Aims to Make Paraguay Global Crypto Hub
A pro-bitcoin congressman in Paraguay says he will present bitcoin legislation in congress next month with the aim to make Paraguay a hub for cryptocurrency investors worldwide. His efforts follow El Salvador passing a bill making bitcoin legal tender. дальше »
2021-6-21 00:30 | |
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US Congress Creates New Crypto Working Group to Tackle Blockchain Regulation, CBDCs, and More
Earlier this week, Congresswoman Maxine Waters announced that Congress had formed a new working group that would focus on cryptocurrency and fintech policy. Called the Blockchain Caucus or Fintech Task Force, the House Democrat group will feature 12 members of the House Financial Services Committee. дальше »
2021-6-20 05:05 | |
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Republican Campaign Arm Accepts Crypto Assets – Attempts to Pursue ‘Every Avenue to Stop Pelosi’s Socialist Agenda’
The House Republicans’ campaign arm said on Thursday that it will be accepting cryptocurrencies using the payment processor Bitpay. The National Republican Congressional Committee (NRCC) is a lobbyist organization aimed at supporting the election of Republicans to Congress, via direct financial contributions to candidates and the Republican Party. дальше »
2021-6-18 18:30 | |
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Bitcoin Beach Town in El Salvador Bustles With Growth After BTC Becomes Legal Tender
Ever since El Salvador passed a bill that was approved by a supermajority in the Salvadoran Congress legalizing bitcoin as legal tender in the nation, the country has remained in the spotlight. Furthermore, there’s an area in El Salvador called “Bitcoin Beach” with a small group of beach villagers that are attempting to leverage bitcoin […] дальше »
2021-6-17 00:30 | |
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IMF Concerned About El Salavador’s Bitcoin Law Due To “Legal And Economic Issues”
Less than a week since El Salvador’s “Ley Bitcoin” has been approved by its national congress and the international financial organism is reacting. The International Monetary Fund (IMF) has expressed “economic and legal” concerns over the nation’s new pro-BTC legislation. дальше »
2021-6-11 22:09 | |
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Has Bitcoin (BTC) officially become El Salvador’s currency? Wikipedia thinks so
Earlier this week, El Salvador announce its plans to make Bitcoin (BTC/USD) a legal tender in the country. Now, it seems the country’s congress has made this plan a reality, as Wikipedia listed the cryptocurrency as one of its official currencies. дальше »
2021-6-10 11:49 | |
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IRS Urges Congress To Enforce Stricter Crypto Compliance, Addresses Tax Evasion
The U. S Internal Revenue Service (IRS) is bent on taking steps to crack down on cryptocurrency markets and transactions as it called out lawmakers to address tax evasion. IRS Wants $32M in Funding To Pursue Tax Evasion The IRS also requires funding to the tune of $32 million to pursue cryptocurrency tax evasion. дальше »
2021-6-9 23:11 | |
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Groundbreaking Bill Giving Bitcoin Legal Tender Status Officially Passed In El Salvador
With 62 votes a few hours ago, the Salvadoran Congress has approved the bill introduced by president Nayib Bukele to adopt bitcoin as the country’s legal tender. As ZyCrypto reported earlier, Bukele announced during the Bitcoin 2021 Miami Conference that he was considering sending a bill to Congress to make the world’s oldest cryptocurrency the […] дальше »
2021-6-10 19:27 | |
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