Senate infrastructure bill isn’t perfect, but could the intention be right?
The provisions of the U.S. infrastructure bill stirred up a heated debate, but many of the fears voiced by its critics are misguided. Go to Source Powered by WPeMatico
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Stronger crypto regulations in US won’t necessarily help prevent fraud, says Okcoin CCO
Megan Monroe said an “incubator” approach might be one possible solution to the current “patchwork of financial regulations” in the United States. Go to Source Powered by WPeMatico
Australian crypto users will have access to tax reporting services through Crypto.com
Crypto holders in the United States, Canada, and now Australia can generate tax reports using the exchange. Go to Source Powered by WPeMatico
Satoshi Versus the ‘Infrastructure Bill’ — Political Permission Not Required
When Satoshi Nakamoto released the Bitcoin white paper in October 2008, it likely wasn’t with the idea that governments and central banks needed to recognize, adopt, and regulate Bitcoin for everyone’s benefit. To the contrary, if anything can be taken away from that document and the message encoded in the genesis block, it’s that centralized … Read more
Buying Bitcoin is like entering a minefield, Bank of Russia exec says
The Bank of Russia expressed concerns over the increasing number of local investors pouring their money into Bitcoin. Go to Source Powered by WPeMatico
Bank of Ghana to pilot CBDC with German securities printing firm G+D
Originally specialized in currency and securities printing, Giesecke+Devrient has been increasingly working with central banks like the Bank of Thailand in piloting CBDCs. Go to Source Powered by WPeMatico
Infrastructure bill passes US Senate — without clarification on crypto
“This legislation imposes a badly flawed, and in some cases unworkable, cryptocurrency tax reporting mandate that threatens future technological innovation,” said Senator Toomey. Go to Source Powered by WPeMatico
SEC wants ‘terabytes’ of Slack communications from Ripple
The SEC said that the previous production of Slack messages from Ripple was incomplete, and a massive quantity of data has not been collected. Go to Source Powered by WPeMatico
‘We’ll be back on this’ — Alabama senator derails crypto amendment with two words
“Who knows how much innovation we’re going to stifle, who knows what kind of new apps never emerge,” said Senator Pat Toomey. Go to Source Powered by WPeMatico
BREAKING: US lawmakers behind crypto amendments to infrastructure bill introduce compromise
The new compromise amendment could still be added to HR 3684 through a unanimous consent request — provided not even one senator objects. Go to Source Powered by WPeMatico