US Congress Members Clash on the Potential Effect of Proposed Tax Rules on the Crypto Industry
Members of the U.S. Congress have expressed considerations in regards to the potential issues that implementing the newly proposed crypto tax reporting necessities may create...
Coinbase CLO Paul Grewal: SEC’s Interpretation of ‘Investment Contract’ Violates Law
Paul Grewal, CLO of Coinbase, one of many largest U.S.-based cryptocurrency exchanges, has accused the U.S. Securities and Exchange Commission (SEC) of violating the legislation...
US Representative Warren Davidson: ‘CBDC Corrupts Money Into a Tool for Coercion’
Warren Davidson, U.S. consultant and a part of the House Committee on Financial Services, has disregarded issuing a central financial institution digital foreign money (CBDC)...
Leaked Memo Suggests Democrats on US House Committee Were Told to Support Party Position on Crypto Regulation
Democratic Party members of the U.S. House Committee on Financial Services have been handed a memo instructing them to again the social gathering’s place on...
US Treasury Secretary Janet Yellen Urges Congress to Act Quickly on Debt Limit, States Defaulting Would Be ‘Unthinkable’
U.S. Treasury Secretary Janet Yellen has warned once more concerning the penalties of the U.S. defaulting on its debt. During a press convention in Niigata,...
CATO Institute: CBDC the ‘Single Largest Assault to Financial Privacy Since Creation of Bank Secrecy Act’
A central financial institution digital foreign money (CBDC) might become the “single largest assault to financial privacy since the creation of the Bank Secrecy Act,”...
Human Rights Advocates Insist Bitcoin ‘Provides Financial Inclusion’ — Refutes Claims in Critics’ Letter to US Congress
Human rights defenders from 20 international locations have insisted that bitcoin “offers monetary inclusion and empowerment as a result of it’s open and permissionless.” Together...
Pro-Bitcoin Senator to Introduce Comprehensive Crypto Bill in US
The pro-bitcoin U.S. Senator Cynthia Lummis has reportedly unveiled her plan to introduce a complete crypto invoice that can cowl all the pieces from how...
AOC Says She Doesn’t Hold Bitcoin so the Lawmaker ‘Can Do Her Job Ethically’
Alexandria Ocasio-Cortez, in any other case often called AOC, is a New York consultant well-known for her political stances and statements. The Democrat believes that...
US Senator Proposes Congress Adopt Cryptocurrency for Payments
U.S. Representative Ted Cruz has presented a goal that would situate Congress to lead in the space of cryptographic money by having legislative cafeterias, candy...