US lawmaker introduces bill aimed at protecting ‘forked assets’ from IRS
This is the third time Rep. Emmer has introduced the bill to the House of Representatives, but the first with a Democrat in the presidency. Go to Source Powered by WPeMatico
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Iranian crypto miners using household energy to face large fines
Iran is fighting against unauthorized crypto mining amid ongoing energy supply shortages. Go to Source Powered by WPeMatico
Bridgewater Associates’ Ray Dalio Warns Crypto’s Success Could Bring Tough Regulation
Bridgewater Associates founder Ray Dalio has warned that cryptocurrency’s biggest risk is its own success. He explained that it could attract regulators to come down tough on the crypto industry because “as a storehold of wealth no government wants to have an alternative currency.” Crypto’s Success May Attract Tough Regulation Ray Dalio, the founder of … Read more
Blockchain will thrive once innovators and regulators work together
Emerging technology such as blockchain can change the world for the better, but regulation and innovation must work in tandem. Go to Source Powered by WPeMatico
UK will likely need to issue a digital currency, says BoE deputy governor
The Bank of England’s deputy governor has argued that, with the possible rise of non-bank actors issuing currency, public money in digital form could serve as a crucial anchor for confidence in money as a social convention. Go to Source Powered by WPeMatico
Shanghai Man: Aping out of gorilla token, digital dollar Biden its time… and more
An up and down week filled with high volumes for animal tokens and a flurry of digital yuan news, capped by a large fundraising round for Babel Finance. Go to Source Powered by WPeMatico
SEC warns of Bitcoin futures risks in mutual funds
The U.S. SEC will monitor the compliance of mutual funds with exposure to Bitcoin futures and look into whether the market can accommodate an ETF. Go to Source Powered by WPeMatico
From cypherpunk to state contracts: the changing face of blockchain
Three blockchain executives discuss their work with governments in fraught political contexts, and the questions it raises about blockchain’s claim to the libertarian banner. Go to Source Powered by WPeMatico
Indonesia considers capital gains tax on cryptocurrency trades
A new capital gains tax scheme on crypto trades is still being discussed, according to a tax official. Go to Source Powered by WPeMatico
Kazakhstan’s government to create roadmap for developing crypto market
Kazakhstani authorities plan to improve their regulatory approach in order to strengthen the country’s position in the global crypto market. Go to Source Powered by WPeMatico