Libra would be 'taxed as property' if classified same as Bitcoin

2019-12-22 21:32

One of the drawbacks the U.S regulators have constantly faced in the cryptocurrency space is the lack of regulation that was put forth, and, notably, this has been cited as one of the reasons that hasThe post Libra would be 'taxed as property' if classified same as Bitcoin appeared first on AMBCrypto. origin »

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libra one same bitcoin classified taxed property

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In the fight between Facebook and regulators, Congress could weaponize Libra to strengthen the U.S dollar

“All warfare is based on deception,” Sun Tzu, The Art of War.  In the midst of a ceremonious battle, it so often happens that two opposing forces find one common ally. An entity that for better or for worse, inextricably ties the two sides together, either giving them a cause to fight for or fight […] The post In the fight between Facebook and regulators, Congress could weaponize Libra to strengthen the U.S dollar appeared first on AMBCrypto.

2019-8-7 18:30


Walmart Applies for a Cryptocurrency Patent for Its Stablecoin Mimicking Facebook’s Libra?

Multinational retail corporation, Walmart has filed for a patent with the US Patent & Trademark Office for what seems like the firm’s respective stablecoin, the Walmart Coin. As per the brief overview of the application, the need for a method was outlined as follows: “Generating one digital currency unit by tying the one digital currency […]

2019-8-3 19:47


Two Main Factors That Can Speed Up The Next Major Bull Run To New All-Time High Values

After the great bull run witnessed in 2017, most of the enthusiasts are speculating on what will be the influential factors that will foster the next one. Some moments seem to bring us closer to it, for example, the news of Facebook entering the Crypto World with Libra or the major partnerships some blockchain and […] The post Two Main Factors That Can Speed Up The Next Major Bull Run To New All-Time High Values appeared first on ZyCrypto.

2019-7-24 10:33


Difference of Libra and Crypto Noted In Congress as Bitcoin Gets Clear Distinction from Facebook’s Coin

Deliberations in Congress about Facebook’s Libra have shown that Congress may have a grasp of crypto and what it entails. During the hearing where Facebook was represented by its executive David Marcus, legislators made it a point to differentiate between cryptocurrency projects that are currently in existence and the project Facebook proposes to launch. One […]

2019-7-23 18:37


“This Is The Revolution: We Just Have To Sell It” – Congressman Schweikert On Blockchain

Facebook took a hammering this week, with the proposed Libra currency taking fire from blockchain skeptics and decentralization advocates alike. But there is one silver lining to come from this weeks’ hearings: the prospect of a global, corporate digital cryptocurrency appears to have spurred Congress into action.

2019-7-18 19:31


“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


Circle CEO Views Libra As Having “Massive” Impact On Crypto Awareness, Accelerate Policy Making

CEO of Circle, Jeremy Allaire discussed the current activity taking place within the crypto sphere, with news outlet, Bloomberg’s Joe Weisenthal and Romaine Bostick on Friday, July 5, 2019. Some of the topics that the discussion was founded on include Facebook’s endeavor, Libra, how Libra is one of two different types of stablecoins and how […]

2019-7-7 18:58


Charles Hoskinson: Facebook’s Libra Will Be No Match For Cardano In Emerging Markets

While Facebook prepares to precede its own cryptocurrency, Libra, other crypto projects are doing everything in their power to make sure that Libra doesn’t edge them out of the market. Cardano is one of the crypto projects that are now making waves across the world with its founder, Charles Hoskinson, spearheading its push to popularity.

2019-6-30 20:54


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How to track 'Smart Money' wallets and find the next big crypto trend

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Could Google’s Gemini AI push crypto adoption to the next level?

Key Takeaways AI is transforming crypto by simplifying user experience, boosting security, and attracting big investors, while raising concerns about centralization, data control, and the future of dThe post Could Google’s Gemini AI push crypto adoption to the next level? appeared first on AMBCrypto.