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Is a 'Bipartisan Congress' the solution for progressive crypto regulation in the U.S

Congressman Tom Emmer recently touched upon the approach of the Congressional Blockchain Caucus through the last year, reflecting on changes needed in 2022. He noted, "The Caucus's support has becomeThe post Is a 'Bipartisan Congress' the solution for progressive crypto regulation in the U.S appeared first on AMBCrypto. дальше »

2022-1-3 18:30


US Treasury to Ease Crypto Concerns by Clarifying A ‘Broker’ Doesn’t Include Those Without Transaction Data: Report

The US Treasury Department is set to clarify what exactly entails “broker” for the purpose of reporting to the Internal Revenue Service after the crypto tax provision of the controversial $1 trillion bipartisan infrastructure bill was passed in its original form that overreaches to cover miners, developers, stakers, and validators to report information on clients […] The post US Treasury to Ease Crypto Concerns by Clarifying A ‘Broker’ Doesn’t Include Those Without Transaction Data: Report first appeared on BitcoinExchangeGuide. дальше »

2021-8-14 16:44


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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


Yearn’s Builder-First Legal Activism DAO Gets Full Support as Crypto Regulation Heats Up

While the crypto community fights against the controversial bipartisan infrastructure bill that overreaches in its definition of the term “broker” in regards to crypto tax provision, popular decentralized finance project Yearn proposed funding a builder-first legal activism decentralized autonomous organization (DAO). дальше »

2021-8-9 03:13


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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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U.S. Lawmakers Soft-Pedal on Proposed Crypto Taxation Move

Authorities in the United States have narrowed the scope of the proposed bipartisan infrastructure bill which was initially designed to milk out at least $28 billion from the country’s crypto investors to make up the $500 billion they plan to use for infrastructural development, according to reports on July 2, 2021. A New Language AsRead More дальше »

2021-8-3 05:00


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U.S. Authorities Set to Impose Stricter Crypto Taxes on Investors

United States lawmakers are looking to impose stricter taxation rules on crypto investors, in a bid to milk out roughly $28 billion from the industry and use it to fund part of the proposed $1 trillion bipartisan infrastructure deal that aims to invest over half a trillion dollars in the country’s public works system, accordingRead More дальше »

2021-7-30 21:00


North Carolina Congressman Talks About the Crypto Tax Fairness Act and Virtual Value Tax Fix Bills

Ted Budd, a congressman from the state of North Carolina, has recently spoken at the House Ways and Means Committee. There, he defended the blockchain technology and highlighted two bills which he is hoping that will be able to gather some bipartisan support in order to be approved. These bills are the Virtual Value Tax […] дальше »

2019-6-7 04:44


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U.S. Reps Tell IRS to Publish New Crypto Tax Guidelines

Since it has now become mandatory for digital assets traders to remit taxes, 21 members of the United States Congress, led by congressman Thomas Earl Emmer, have jointly sent a  bipartisan letter to the United States Internal Revenue Service (IRS) urging it to publish new guidelines on crypto tax remittance, according to a press releaseRead MoreRead More. дальше »

2019-4-13 19:00


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Wyoming Passes New Friendly Regulations for Crypto Assets

The Wyoming state government has been expanding its status as a hub for crypto and blockchain technology by passing several new bills this February. According to Wyoming-based blockchain advocate Caitlin Long, the state of Wyoming has recently passed resolution SF0125 on February 14, 2019, claiming that Wyoming “law recognizes property rights in the direct ownership of digital assets. дальше »

2019-2-15 22:18