2024-6-26 08:30

Sen. Ron Wyden (D-Ore. ) has been a long-standing member of the U. S. Senate, and was a sponsor or co-sponsor of several key pieces of legislation enabling broad adoption of the internet. More recently, he voted in favor of a House Resolution overturning the Securities and Exchange Commission's Staff Accounting Bulletin 121, and questioned threats to personal and financial privacy online.

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Источник: coindesk.com

U.S. senators hurry to retroactively tweak the infrastructure bill concerning crypto

US senators Ron Wyden and Cynthia Lummis rush to tweak the controversial crypto provision, in an effort to narrow some of the new tax reporting rules outlined in the $1,2 trillion infrastructure bill President Joe Biden signed into law on Monday, Bloomberg reported.

Infrastructure Bill and Crypto: Elon Musk Condemns ‘Disastrous’ New Amendment

The highly respected and opinionated CEO of Tesla and SpaceX, Elon Musk, has joined in speaking against the last-minute amendment made by Senators Rob Portman and Mark Warner to the recent crypto taxation provision suggested by Senators Patrick Toomey, Ron Wyden, and Cynthia Lummis.

Musk on Proposed Crypto Tax Provision -‘Not the Time to Pick Winners or Losers in Crypto Technology’

Tesla CEO Elon Musk has weighed in on the discussion surrounding a proposed crypto tax provision. The provision, part of the infrastructure bill, will go to a vote on August 7. Meanwhile, United States senators Patrick Toomey, Ron Wyden, and Cynthia Lummis have suggested an amendment to that provision, working in favor of Proof of Work miners.

Infrastructure Bill Amendment Calls for A Level Playing Field with TradeFi, Without Penalizing Crypto

Senator Cynthia Lummis (R- Wyo), Ron Wyden (D-Ore), and Pat Toomey (R-Pa) are behind the amendment proposal that integrates crypto into the financial system and protects American innovation while ensuring taxes are paid.

Developers and Miners ‘Not’ Forced to Comply, says Spokesperson of Sen. Rob Portman, Who is Behind the Legislation

Meanwhile, senators Pat Toomey and Ron Wyden are calling to “fix” crypto tax provision in the bipartisan infrastructure bill. The post Developers and Miners ‘Not’ Forced to Comply, says Spokesperson of Sen.

Infrastructure Bill Gets a Revision, But the Final Text Is Still ‘Bad’ and Now ‘Vague’ Too

Ron Wyden (D-Oregon) also came in support of the crypto community by voicing his concerns about the bill, saying it “fails to understand how the technology works.” The post Infrastructure Bill Gets a Revision, But the Final Text Is Still ‘Bad’ and Now ‘Vague’ Too first appeared on BitcoinExchangeGuide.

This US Senator Wants to Legalize Weed, Should Investors Get High on Pot Stocks?

For the best part of a century, American regulators have locked themselves into what many have recognised as an unwinnable war against a hardy plant that is cheap and easy to grow, with a wide variety of uses and end products.

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Blockchains Are Revolutionizing Public Goods Funding

Rewriting how capital flows through society is arguably the biggest unlock in crypto. As blockchains compete for market share, we’re begging to see rapid experimentation with novel forms of funding that grow ecosystems, says Sophia Dew.

You May Not Like It, but Casey Rodarmor Proves Bitcoin Is Permissionless

The creator of the Ordinals and Runes protocols discussed his motivations on stage at Consensus 2024.

U.S. Lawmaker at Center of Crypto Negotiation Predicts Digital Assets Law by Next Year

Rep. Patrick McHenry (R-N.C.) vowed the crypto industry won't have long to wait to get U.S. regulations, now that the U.S. House of Representatives has shown the way.

U.S. Treasury Isn’t Trying to Ban Crypto Mixers, Top Official Says

FinCEN’s 2023 proposal to require crypto companies to report transactions that involved mixing is about transparency, not banning mixers, said Brian Nelson, U.S. Treasury undersecretary.

Is Crypto on the Cusp of a Bull or Bear Market? Using Consensus 2024 as a Barometer

Conference attendees give their say on market sentiment.

The Future of AI Is Decentralized

With AI, centralization doesn’t work on any level: technical, philosophical, ethical, or market, says Alex Goh, founder and chairman of EMC.

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2024-6-26 08:30

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Senior Democrat Ron Wyden Claims U.S. Should Not Crack Down on Crypto

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U.S. senators hurry to retroactively tweak the infrastructure bill concerning crypto

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Infrastructure Bill and Crypto: Elon Musk Condemns ‘Disastrous’ New Amendment

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Musk on Proposed Crypto Tax Provision -‘Not the Time to Pick Winners or Losers in Crypto Technology’

2021-8-7 13:34

Infrastructure Bill Amendment Calls for A Level Playing Field with TradeFi, Without Penalizing Crypto

2021-8-5 16:01

Developers and Miners ‘Not’ Forced to Comply, says Spokesperson of Sen. Rob Portman, Who is Behind the Legislation

2021-8-3 16:14

Infrastructure Bill Gets a Revision, But the Final Text Is Still ‘Bad’ and Now ‘Vague’ Too

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This US Senator Wants to Legalize Weed, Should Investors Get High on Pot Stocks?

2019-2-12 21:30

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