President Biden announces picks to fill CFTC vacancies
All CFTC nominations must be confirmed by the U.S. Senate in a simple majority vote. Go to Source Powered by WPeMatico
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Sen. Warren goes after Ethereum network fees in committee hearing
“High, unpredictable fees can make crypto trading really dangerous for people who aren’t rich,” said Senator Warren. Go to Source Powered by WPeMatico
El Salvador’s Bitcoin wallet is ‘95% fixed,’ President Bukele says
El Salvador’s state Bitcoin wallet has continued facing major issues in a week after the official rollout. Go to Source Powered by WPeMatico
US lawmakers propose adding digital assets to ‘wash sale’ rule and raising capital gains tax
If passed, the plan would raise the capital gains tax rate for “certain high income individuals” to 28.8%, while eliminating the “wash sale” loophole for crypto users. Go to Source Powered by WPeMatico
US Treasury reportedly in talks for stablecoin regulation
Treasury officials are studying the risks if too many people decide to withdraw their stablecoins all at once. Go to Source Powered by WPeMatico
Bitcoin investors are reportedly exempt from taxes in El Salvador
El Salvador is looking to attract foreign investment by adopting major tax breaks on Bitcoin trading. Go to Source Powered by WPeMatico
El Salvador’s Bitcoin detractors: Opposition mounts despite crypto rollout
Resistance against El Salvador’s move to make Bitcoin a legal tender persists even as the law comes into effect. Go to Source Powered by WPeMatico
Swiss Exchange SIX granted approval to launch crypto marketplace
The Switzerland financial authority has today given the green-light for the launch of a digital asset marketplace utilising DLT. Go to Source Powered by WPeMatico
US crypto exchange CrossTower expands to India
CrossTower is betting on the growing crypto market in India despite the uncertainty over the legal status of Bitcoin in the country. Go to Source Powered by WPeMatico
More countries to follow El Salvador’s Bitcoin move, Cardano creator says
El Salvador’s Bitcoin acceptance is a major win for the cryptocurrency industry, Cardano founder Charles Hoskinson believes. Go to Source Powered by WPeMatico
