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Lummis slams Biden’s ‘disastrous proposal’ to tax Bitcoin miners in ‘orange paper’

Senator Cynthia Lummis (R-WY) said the Biden administration’s to impose a 30% tax on Bitcoin miners is a “dangerous scheme” and an “attack on innovation. ” She argued that such a high tax rate would stifle innovation and push mining operations overseas, undermining both economic and national security interests. дальше »

2024-7-24 23:00


From Silicon Valley to Global Hubs: US Crypto Developers Shift Overseas, Experts Weigh In

The United States has long been a beacon of technological innovation, but in recent years, it has seen a troubling trend in the cryptocurrency sector. A combination of stringent regulations spearheaded by SEC Chair Gary Gensler and growing international competition has led to a notable decline in the US’s share of global crypto development. Related […] дальше »

2024-6-14 05:00


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Binance stops accepting new UK customers effective today

Cryptocurrency giant Binance will cease accepting new UK users effective at 5:00 PM London time on Monday, October 16, 2023 (16:00 UTC). This move comes in the wake of the UK’s enforcement of the Financial Promotions Regime for qualifying crypto assets that came into effect on October 8, 2023, allowing unregulated overseas firms like Binance […] The post Binance stops accepting new UK customers effective today appeared first on CryptoSlate. дальше »

2023-10-16 19:20


South Koreans’ overseas crypto assets boom to $99B as regulatory focus shifts to OTC trade regulation

South Koreans reported approximately 131 trillion won (around $99 billion) in overseas crypto assets, including Bitcoin (BTC), for this year, according to the country’s tax agency. According to the document, 1,432 individuals and entities possessed cryptocurrency holdings valued at over $99 billion overseas. дальше »

2023-9-21 19:10


Coinbase Chief Legal Officer Heads to Capital Hill to Testify on Crypto Clarity

Coinbase Chief Legal Officer Paul Grewal voiced his concerns that the US was falling behind in terms of tech innovation and fair crypto regulations. He stated, "We cannot afford to ignore crypto while other markets take advantage of our absence, developing rules and regulations that enable the industry to thrive and risk sending jobs, investment, and technological leadership overseas. дальше »

2023-6-6 10:07