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Congressmen Call Crypto Market a ‘Major Source of Tax Evasion’
3. 5 Turbo US Congressmen Brad Sherman and Stephen Lynch have urged the US Treasury and IRS to curb "major tax evasion" in the crypto industry. The lawmakers argue that brokers need the new laws to comply with filing requirements for the 2023 financial year. дальше »
2023-6-8 17:30 | |
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US Congressmen urge SEC to keep definition of ‘qualified custodian’ unchanged
Congressmen Michael Flood and Ritchie Torres wrote to SEC Chair Gary Gensler, urging him to keep custody rules unchanged. In February, the U. S. Securities and Exchange Commission (SEC) proposed specific changes to the Investment Advisors Act 1940. дальше »
2023-5-26 11:18 | |
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Congressmen raise concerns over prudential regulators’ effort to ‘de-bank’ crypto industry
U. S. Congressmen French Hill, Patrick McHenry and Bill Huizenga sent the Federal Deposit and Insurance Commission (FDIC) a joint letter on April 25 requesting information about regulatory efforts to deny banking services to the crypto industry. дальше »
2023-4-28 21:32 | |
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US congressmen want Gensler out for overprotective crypto rules
Congressman Rep. Davidson is planning on filing a legislation to dismiss SEC's chair Gensler from office. This comes amid Gensler's recent proposal on echange's legislation revision. дальше »
2023-4-17 11:18 | |
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House Committee Requests Information on Gary Gensler’s Interaction with Sam Bankman-Fried And FTX
As the probe into the FTX saga rages on, a group of US congressmen now want the U. S. Securities and Exchange Commission to shed more light on its involvement with the collapsed crypto exchange. дальше »
2023-2-25 23:28 | |
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Fed Chair Jerome Powell Has Intensified Calls For Cryptocurrency Regulations In Front Of Congressmen
Jerome Powell has increased the calls for cryptocurrency regulations in the wake of Russia’s invasion of Ukraine. дальше »
2022-3-4 18:28 | |
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Crypto’s Biggest Day In Washington – The Talking Points From The Side Of The CEOs
Six cryptocurrency executives met with Congressmen in Washington to chart a path for the burgeoning ecosystem. The CEO reiterated that cryptocurrencies were now too big to be ignored and sought improved regulatory clarity. дальше »
2021-12-10 13:59 | |
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Pair of U.S. Congressmen Advocate for Bitcoin Spot ETF in Letter to SEC Chair
In a letter to SEC Chair Gary Gensler, a pair of U.S. Congressmen argued for the regulator to approve a Bitcoin spot ETF. The post Pair of U.S. Congressmen Advocate for Bitcoin Spot ETF in Letter to SEC Chair appeared first on BeInCrypto. дальше »
2021-11-5 17:30 | |
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Congressmen Emmer and Soto to SEC Chair Gensler: We want BTC Spot ETFs
The bipartisan pair sent a letter to the securities regulator demanding spot ETF approval.
дальше »2021-11-4 01:00 | |
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US Congressmen Lobby SEC Chairman Gary Gensler To Authorize A Spot Bitcoin ETF
Two United States lawmakers Darren Soto and Tom Emmer have penned a letter to the Securities and Exchange Commission (SEC) chairman Gary Gensler, urging him to greenlight a bitcoin spot exchange-traded fund (ETF). дальше »
2021-11-4 00:28 | |
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Congressmen seek clarity from SEC chief Gensler, on yield products, stablecoins
Congressmen Warren Davidson, Tom Emmer, Ted Budd, Anthony Gonzalez, and Trey Hollingsworth have addressed a letter to the U.S. SEC Chair seeking clarity around crypto rules. The development comesThe post Congressmen seek clarity from SEC chief Gensler, on yield products, stablecoins appeared first on AMBCrypto. дальше »
2021-10-29 16:00 | |
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El Salvador Authorities Greenlight $150 Million Bitcoin Integration Fund
Salvadoran lawmakers have approved a bill aimed at setting up a $150 million fund that would facilitate the country’s bitcoin (BTC) integration project. A total of 64 Salvadoran Congressmen voted in favor of the bill while 14 members opposed it, according to a Reuters report on August 31, 2021. El Salvador Sets Aside $150 mIllionRead More дальше »
2021-9-1 19:00 | |
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US Congressmen Plead with CFTC and SEC to Foster Digital Assets Adoption
Patrick McHenry, the top Republican on the House Financial Services Committee and the top Republican on the House Agriculture Committee, Glenn Thompson wrote a letter to SEC and CFTC. The letter urged the Securities and Exchange Commission and Commodity Futures Trading Commission to create a joint working group on Digital Assets. A Way Around AdoptingRead More дальше »
2021-8-18 10:30 | |
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Paraguay joins the crypto train, says ‘Bitcoin to the moon’
Paraguay is setting an important project in motion this week, hinting at Bitcoin (BTC) and its legal tender status, announced congressmen Carlitos Rejala in a tweet. Only a day after the announcement made by the El Salvador President Nayib Bukele on Twitter, it seems Paraguay is going to be the next country racing to legalize […] The post Paraguay joins the crypto train, says ‘Bitcoin to the moon’ appeared first on CryptoSlate. дальше »
2021-6-7 21:00 | |
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Congressmen Urge US Treasury Sec. to Rethink Controversial Crypto Wallet Regulations
Four US Congressmen have called on US Treasury Secretary Steve Mnuchin to reconsider pursuing regulations focused on self-hosted crypto wallets. The call is the latest opposition to the rumored plan that could see US exchanges demanding user identity verification before allowing withdrawals to non-custodial wallets. дальше »
2020-12-10 20:00 | |
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US congresswoman introduces a new bill to ban illegal stablecoins
Rachida Tlaib, Michigan’s House Representative, alongside congressmen Jesus Garcia and Stephen Lynch, have introduced a new bill in Congress to ban the use of illegal stablecoins. A press release unveiled this news on December 2, noting that this bill seeks to improve protection for US citizens against the risks associated with the rapidly growing crypto market in the US. дальше »
2020-12-5 12:00 | |
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LA Blockchain Summit Kicks Off Second Day Online
LA Blockchain Summit, hosted by Los Angeles-based blockchain venture studio Draper Goren Holm, kicks off its second day online. The world’s biggest crypto conference features speakers like Ripple’s Co-Founder, Chris Larsen, Anthony Pompliano of The Pomp Podcast, Binance’s Founder and CEO, CZ, Congressmen Ted Budd and Tom Emmer, the SEC Commissioner Hester Peirce, and many […] The post LA Blockchain Summit Kicks Off Second Day Online appeared first on BeInCrypto. дальше »
2020-10-8 21:13 | |
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U.S. Congressmen Urge Blockchain Use for COVID-19 Relief Work
Members of the Congress of the United States have urged the federal government to use blockchain technology for COVID-19 relief work. Nine Congressmen have signed a letter addressing President Donald Trump and other federal officers, to use blockchain for “mitigating the effects of Coronavirus. дальше »
2020-9-3 18:45 | |
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US Congressmen Want IRS to Balance Taxation and Innovation in the Cryptocurrency Space
A bipartisan quartet of US congressmen wants the IRS taxation policy not to dissuade taxpayers from participating in blockchain token staking. These politicians believe America’s ingenuity can help drive this promising staking technology. дальше »
2020-8-6 06:03 | |
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U.S. Congress appeals for a fair tax on crypto staking rewards
A group of Congress members in the US have sent a letter to the Internal Revenue Service (IRS) asking for a fairer tax on staking rewards, a Coin Center letter revealed Tuesday. However, a tax must be levied when such rewards are sold, instead of acquired, said the Congressmen. дальше »
2020-8-6 23:01 | |
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U.S. Congress appeals for zero tax on crypto staking rewards
A group of Congress members in the US have sent a letter to the Internal Revenue Service (IRS) asking for zero tax on staking rewards, a Coin Center letter revealed Tuesday. However, a tax must be levied when such rewards are sold, instead of acquired, said the Congressmen. дальше »
2020-8-6 23:01 | |
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4 US Congressmen Send IRS Guidelines On Taxing Proof-Of-Stake (PoS) Network Rewards
In a letter addressed to the Internal Revenue Service (IRS), four members of Congress – Rep. David Schweikert (R-AZ), Bill Foster (D-IL), Tom Emmer (R-MN), and Darren Soto (D-FL) – asked the taxation authority to take it easy on applying taxes on proof-of-stake (PoS) tokens. дальше »
2020-8-5 15:28 | |
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China’s threat acts: US crypto companies will be supported
At the hearings in Congress on October 23, Mark Zuckerberg warned US authorities against the danger of losing priority in cryptocurrency industry. Defending his Libra project, he drew congressmen’s attention to the fact that China is ready to launch own cryptocurrency. дальше »
2019-11-2 11:13 | |
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Bank President Says US Digital Currency Is Inevitable
In a letter to Jerome Powell, two congressmen have asked the Federal Reserve chairman to consider developing a US-backed cryptocurrency. In short, they believe this is necessary to keep pace with the rest of the world. дальше »
2019-10-4 16:00 | |
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US Congressmen Recommend Federal Reserve to Develop a National Cryptocurrency
Two representatives – French Hill (R-Arkansas) and Rep. Foster (D-Illinois), have asked the Federal Reserve, the country’s most significant financial institution, to bear in mind developing a digital dollar. дальше »
2019-10-3 18:30 | |
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Facebook, Libra & the Thrilling Rise of the Branded Cryptocurrency
It was hard not to feel compassion for Libra chief David Marcus, watching him deal with angry questioning in Congress two weeks ago. The level of distrust in Facebook has reached new highs - some of the Congressmen and Senators replaced questions with blunt criticism aimed at Marcus and the big blue company. дальше »
2019-8-4 18:00 | |
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Millionaire That Called Bitcoin “Dead” Briefs Congress About Crypto
Erik Finman, a Bitcoin Millionaire, Speaks to Congress Reps Erik Finman, the crypto wunderkind that became a Bitcoin (BTC) millionaire at 18, has purportedly just briefed a group of Congressmen and Congresswomen about the cryptocurrency... дальше »
2019-7-25 06:27 | |
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Trump vs. Bitcoin (BTC): Who Wins?
The collapse of the crypto market, exactly predicted in our forecast, happened, as we promised, 2 days before the Libra hearing. But Bitcoin fell below the expected 11 K, although not by much. This is understandable given the two force majeure factors – the denunciation to Libra (letter to Facebook) by a group of congressmen […] дальше »
2019-7-15 14:21 | |
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Facebook’s Libra crossed the Atlantic to Switzerland for regulatory certainty, claims US Congressman
Facebook crossed the Atlantic, leaving US Congressmen pointing fingers. Libra, the cryptocurrency project launched by Facebook could be left in the docks before it sets sail for Switzerland. After running into harsh winds at the hands of Jerome Powell, Federal Reserve Chair during his hearing before the House Financial Services Committee, the prospects for Facebook […] The post Facebook’s Libra crossed the Atlantic to Switzerland for regulatory certainty, claims US Congressman appeared first on AMBCrypto. дальше »
2019-7-11 18:30 | |
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First Congressmen, Now Italian Government Providing Free Publicity for Bitcoin
Being a decentralised project, with no CEO or board members, Bitcoin has always been lacking an official marketing department. However, that has not stopped the world’s first viable digital asset becoming worth billions of dollars. дальше »
2019-6-14 00:00 | |
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Of Course, The IRS is Updating Its Bitcoin Tax Guidelines as Price is Rising
With Bitcoin spiking more than 120 percent since the start of 2019, the U. S. Internal Revenue Service (IRS) says it is readying an updated set of guidelines to cover cryptocurrency taxation. IRS Preparing Additional Crypto Tax Guidelines In a letter to a bipartisan group of U. дальше »
2019-5-21 18:00 | |
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Democratic Congressman Wants to Ban Cryptocurrencies to Keep U.S. International Power
Bradley James Sherman, a Democratic Representative from California, is urging the other Congressmen to join him and work towards outlawing cryptocurrencies in the United States. He is seeking a bill that would stop US citizens from purchasing or dealing with cryptocurrencies, due to the potential threat it poses to the US Dollar as the sovereign […] Democratic Congressman Wants to Ban Cryptocurrencies to Keep U. дальше »
2019-5-10 12:59 | |
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