Crypto Upstages Other Mobile Payments in US Congressional Hearing
U.S. Congress can’t stop talking about crypto at a hearing on alternatives to cash, with many representatives clearly studying up on the space Go to Source Powered by WPeMatico
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Spill Your Sats: H&R Block Tells Crypto Customers to Self-Report on Taxes, Even If Imperfectly
Tax season for United States residents is fast approaching, and the IRS wants to know about everyone’s involvement in the crypto space. Thanks to a recently updated income tax form including a question about crypto activity, tax preparation companies like H&R Block are advising filers to be sure to disclose their details. The service maintains … Read more
Bill to Exempt Small Crypto Transactions From Taxes Returns to US Congress
A bill to protect crypto users from capital gains taxes on day-to-day transactions has been reintroduced in US Congress Go to Source Powered by WPeMatico
US Congress Looks at Role of Crypto and Internet in Funding Hate Crimes
U.S. Congress should not discount the future role of cryptocurrencies in funding acts of domestic extremism, the House Financial Services Committee warns Go to Source Powered by WPeMatico
John McAfee Plans to Tokenize All 535 Members of US Congress
On Saturday, the notorious John McAfee revealed a new project he’s launching that aims to tokenize all 535 members of U.S. Congress in order to sell them on the open market. McAfee said that the U.S. representative tokens will be listed on his exchange McAfeedex so people can find out what their “representative is really … Read more
8 Congress Reps Send Letter to IRS Urging Further Crypto Tax Clarity
Eight U.S. representatives signed a letter to the IRS, asking the agency to further clarify cryptocurrency tax expectations Go to Source Powered by WPeMatico
Known Crypto-Hater Sherman to Chair Congressional Subcommittee on Investor Protection
Crypto-hater U.S. Congressman Brad Sherman gets elected as Chair of Congressional subcommittee on investor protection Go to Source Powered by WPeMatico
US Lawmakers Want to Brand Libra a Security, Association Disagrees
Will Libra be able to operate in the U.S. if Congress classifies stablecoins as securities? Go to Source Powered by WPeMatico
US Congress Wrestles With Financial Technologies and Data Privacy
U.S. Congressional Fintech Task Force questions industry experts on consumer data privacy in financial services Go to Source Powered by WPeMatico
New Bill Would Put Facebook’s Libra Stablecoin Under US Securities Law
American lawmakers have introduced a bill to put Facebook’s Libra under the jurisdiction of the Securities and Exchange Commission Go to Source Powered by WPeMatico