Month: June 2024

US Lawmaker Pushes Bill to Allow Bitcoin Payments for Federal Income Taxes, Citing El Salvador’s Success

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U.S. Congressman Matt Gaetz has introduced a bill to allow federal income taxes to be paid with bitcoin. Inspired by El Salvador’s success with the cryptocurrency, the lawmaker believes this move will modernize the U.S. tax system, promote innovation, and maintain America’s technological leadership. Lawmaker Proposes Bill to Allow Federal Income Taxes to Be Paid … Read more

BetFoxx: Revolutionizing Online Gambling with Innovative Crypto Gaming

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PRESS RELEASE. As a pioneer in the world of cryptocurrency casinos, Betfoxx is transforming the online gambling landscape with its cutting-edge approach to crypto gaming. By offering a wide variety of games, enticing promotions, and exceptional customer service, BetFoxx has established itself as the premier destination for players looking for an immersive and rewarding gaming … Read more

Cryptocurrency Firm Abra Settles With 25 US States Over Licensing Violations

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Financial authorities in 25 U.S. states have reached a settlement with the cryptocurrency investment platform Abra and its CEO Bill Barhydt for operating without proper licensing. This settlement mandates significant changes in how Abra conducts its operations within these states. Abra Reaches Settlement Over Unlicensed Operations, Agrees to Major Concessions According to a report from … Read more

SEC Chair Gensler: Spot Ethereum ETF Approval Process ‘Going Smoothly’

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U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler says that the spot ethereum exchange-traded fund (ETF) approval process is “going smoothly.” He stressed that “it’s really about the asset managers making the full disclosure so that those registration statements can go effective.” SEC Chair Gensler on Spot Ethereum ETF Approval U.S. Securities and Exchange … Read more