SEC rejects ARK 21Shares spot Bitcoin ETF application
21Shares submitted the spot Bitcoin ETF application with Ark Investment Management in June 2021 for listing on the Cboe BZX Exchange. Go to Source Powered by WPeMatico
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US grassroots adoption: the Bitcoin Lightning party in Portland
A grassroots Bitcoin Lightning festival in Portland, U.S. demonstrated that the Lightning Network is the perfect companion for payments. Go to Source Powered by WPeMatico
Biden’s Fed picks are likely headed to Senate vote after partisan delay
“A small but loud minority have wrongly claimed that Lisa Cook doesn’t meet the standards for this position — standards that only seem to apply for certain nominees,” said Sherrod Brown. Go to Source Powered by WPeMatico
Crypto donation startup launches IRS form as US tax season loom
Nonprofits are required to file IRS Form 8282 for crypto donations of $500 or more if donated funds are exchanged for the U.S. dollar. Go to Source Powered by WPeMatico
Crypto tax rules will reduce US budget deficit by $11B over ten years — White House
The budget from the Biden administration said modernizing tax rules to include digital assets will bring the government $4.9 billion in revenue in 2023. Go to Source Powered by WPeMatico
US Congress agency recommends 4 key policy options for blockchain
GAO aims to help policymakers, including Congress, federal agencies, state and local governments, observe seamless blockchain implementation. Go to Source Powered by WPeMatico
Is Austin the next US crypto hub? Officials approve blockchain resolutions
The City of Austin gears up to become America’s next crypto hot spot by passing two resolutions focused on cryptocurrency and blockchain innovation. Go to Source Powered by WPeMatico
White House office seeks public opinion on crypto-climate implications
Following up on a recent executive order signed by President Joe Biden, the OSTP reached out to the general public to identify the energy and climate implications related to digital assets. Go to Source Powered by WPeMatico
Exxon Mobil is using excess natural gas to power crypto mining: Report
The oil and gas giant launched the pilot program in January 2021 and is now reportedly considering expanding it to Nigeria, Argentina, Guyana, and Germany. Go to Source Powered by WPeMatico
SEC could approve spot Bitcoin ETFs as early as 2023 — Bloomberg analysts
“Once crypto exchanges are compliant, the SEC’s primary reason for denying spot Bitcoin ETFs would no longer be valid, likely clearing the way for approval,” said the analysts. Go to Source Powered by WPeMatico
