U.S. House Democrats' new proposal applies 'wash sale' tax rule to digital assets

2021-9-15 01:30

A proposal released by the U. S. Democratic house yesterday, has potential to raise a large sum of money in taxes, as reported by Bloomberg. The proposal aimed to add commodities, currencies, and diThe post U.

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Texas Governor Wants State to Lead in Crypto Adoption as it Did With Gold

With the recent Crypto law proposal, Texas emulates Wyoming with regards to Crypto Assets legislation in the hope of catching up on the trend, but experts detect a flaw in the Texas bill. Sometime mid-March Nathaniel “Tan” Parker—Texas businessman and Representative—presented an amendment bill for the Texas Uniform Commercial Code, UCC. The bill, House Bill […]

2021-4-3 21:18


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U.S. Secret Service to Get $2.4 Billion Funding for Crypto Policing

The U. S. Secret Service could receive up to $2. 4 billion in funding to monitor crypto crimes as part of the White House budget proposal for 2021. Secret Service Monitoring Crypto Money Laundering According to the budget proposal document, the Secret Service will be tasked with monitoring the use of cryptos in money laundering and terroristRead MoreRead More.

2020-2-11 16:00


“Zuckbucks” encounters resistance due to Facebook’s damaged reputation, Libra may precipitate unfavorable legislation

Facebook’s Calibra CEO David Marcus took another beating, this time from members of the House, with one lawmaker even scorning the proposed Libra cryptocurrency as “Zuckbucks. ” Marcus went before members of the House Financial Service Committee to explain the social media platform’s ambitious proposal to enter the crypto space.

2019-7-18 00:26


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Elections Canada Consults With Political Parties on Crypto Donations

According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act.

2019-1-24 20:28


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On Radical Markets

Recently I had the fortune to have received an advance copy of Eric Posner and Glen Weyl’s new book, Radical Markets, which could be best described as an interesting new way of looking at the subject that is sometimes called “political economy” - tackling the big questions of how markets and politics and society intersect.

2018-7-21 04:03