Senate Bill Could Open Crypto to U.S. Sanctions, but Industry Trying to Head It Off

2024-6-11 19:11

A piece of legislation with heavy implications for the digital assets sector made it through the Senate Select Committee on Intelligence's funding package recently without most in the industry – and many in Congress – apparently aware of it, but industry insiders consider its chances for survival to be limited. origin »

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House Democrats Planning to Hike Tax on Crypto Assets in Infrastructure Bill

The trillion-dollar infrastructure bill has moved to the House to pass, and after fighting and losing in the Senate, another big fight is at the crypto industry’s door. Citing sources with the knowledge of the plans, Politico reported that Richard Neal, chairman of the House Ways and Means Committee, is the one preparing to add […] The post House Democrats Planning to Hike Tax on Crypto Assets in Infrastructure Bill first appeared on BitcoinExchangeGuide.

2021-9-14 16:49


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Charles Hoskinson wants a Washington rally as the Senate ‘failed the crypto industry’

The US Senate recently decided not to amend the bill in regards to the cryptocurrency taxation that is interpreted by the community as very damaging for certain members. The decision was greeted with rage by the crypto industry’s participants, with some even willing to take the matter to the streets, as they feel the authorities […] The post Charles Hoskinson wants a Washington rally as the Senate ‘failed the crypto industry’ appeared first on Invezz.

2021-8-11 15:21


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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 […]

2021-8-10 17:42


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Blockchain Australia Submits Crypto Regulatory Recommendations to Parliament

Blockchain Australia, a leading crypto advocacy group, has written to the Australian government stating three key recommendations that it believes would expand the growing blockchain industry. Safe Harbor for Crypto-Asset Providers The crypto organization submitted its recommendation to the country’s Senate Select Committee on Australia as a Technology and Financial Centre on Friday, July 23,Read More

2021-7-26 21:00


Is Facebook’s Libra likely to intensify regulatory scrutiny on Bitcoin?

Facebook’s Libra continued to grace the headlines, with high-stakes questions regarding its potential risks continuing to dominate the news. Libra’s extensive scrutiny had corrected the crypto-market significantly, with rumors suggesting that the contentious project would lead to tighter regulatory surveillance over Bitcoin and the cryptocurrency industry.

2019-7-21 03:30