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Senate rejects crypto tax reporting bill.

On Monday, the US Senate rejected a bipartisan amendment to the infrastructure bill that involved reporting crypto gains to the IRS, CNBC reported. The amendment would have defined brokers as entities who would have to report these earnings as income in a 1099 form. origin »

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Charles Hoskinson wants a Washington rally as the Senate ‘failed the crypto industry’.

The US Senate recently decided not to amend the bill in regards to the cryptocurrency taxation that is interpreted by the community as very damaging for certain members. The decision was greeted with rage by the crypto industry’s participants, with some even willing to take the matter to the streets, as they feel the authorities […] The post Charles Hoskinson wants a Washington rally as the Senate ‘failed the crypto industry’ appeared first on Invezz. origin »

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Why buy IOTX, SXP, and CVT altcoins in August 2021?.

On August 10, throughout the span of 24 hours, the biggest gainers ended up being IoTeX IOTX/USD, Swipe SXP/USD, and CyberVein CVT/USD. IoTeX is a platform focused on decentralizing the internet of things while attempting to be the bridge between FIAT and cryptocurrencies with its API designed to create global payment cards. origin »

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