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Coinbase forms a second PAC to support crypto-friendly candidates

February 9, 2022 by DIGIT

The exchange registered its first PAC in July 2018 but closed it the following year after reporting it had received no funds or made any disbursements. Go to Source Powered by WPeMatico

Categories Coinbase, Funding, Government, Politics, Regulation, United States

Bringing crypto market ‘into the light’ doesn’t address enforcement: CFTC chair

February 9, 2022 by DIGIT

“Bringing this market into the light so to speak with more transparency will only allow us to see what’s going on underneath the hood,” said Rostin Behnam. Go to Source Powered by WPeMatico

Categories CFTC, Congress, Cryptocurrencies, Government, Regulation, United States

Religious services move to metaverse amid COVID-19 concerns

February 9, 2022 by DIGIT

According to DJ Soto, the future of churchgoing is in the metaverse because “it reaches people who can’t physically go to church.” Go to Source Powered by WPeMatico

Categories Meta., metaverse, United States

US lawmaker pushes for state-level regulations on stablecoins at hearing on digital assets

February 8, 2022 by DIGIT

Patrick McHenry implied that for the U.S. to regulate stablecoins with a “single regulator at the federal level” would likely not be a success. Go to Source Powered by WPeMatico

Categories Congress, Digital Asset, Government, Regulation, Stablecoin, United States

No precedent: IRS court settlement doesn’t clarify crypto staking taxes

February 8, 2022 by DIGIT

There is yet to be a conclusive court ruling regarding the taxation of staked crypto rewards; however, a recent case demonstrates industry progression. Go to Source Powered by WPeMatico

Categories analysis, Bitcoin Mining, Court, Digital Currency, Education, Government, IRS, Law, Legal Brief, mining, Proof of Work, Proof-of-Stake, Taxes, Tezos, United States

US national figure skating body adopts Bitcoin donations

February 8, 2022 by DIGIT

After announcing plans to go crypto in September last year, the U.S. Figure Skating now officially accepts Bitcoin for donations. Go to Source Powered by WPeMatico

Categories Cryptocurrencies, donations, Sport, United States

US Federal deposit insurer lists “crypto-asset risks” among its top priorities for the year

February 7, 2022 by DIGIT

FDIC’s acting chairman stated that the work on crypto-related guidance for U.S. banks is underway. Go to Source Powered by WPeMatico

Categories Banking, Banks, Bitcoin Regulation, Law, United States, US Government, USA

US Treasury targets NFTs for potential high-value art money laundering

February 6, 2022 by DIGIT

The Department of the Treasury suggested that the increasing use of art as an investment or financial asset could make the high-value art trades vulnerable to money laundering. Go to Source Powered by WPeMatico

Categories AML, Money Laundering, United States

Stealth rulemaking: Is proposed SEC rule with no mention of crypto a threat to DeFi?

February 5, 2022 by DIGIT

A 600-page document proposes changes to the definition of an exchange that could extend to include DeFi protocols. Go to Source Powered by WPeMatico

Categories Bitcoin Regulation, Cryptocurrencies, decentralized exchange, Decentralized Marketplace, Government, Law, SEC, United States, US Government

Jack Dorsey on UBI: Bitcoin encourages transparency, long-term thinking

February 5, 2022 by DIGIT

Dorsey’s Start Small initiative has invested over $55 million across the United States and overseas to experiment on universal basic income. Go to Source Powered by WPeMatico

Categories Basic Income, Congress, Jack Dorsey, United States
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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$95,259.000.51%
  • ethereumEthereum(ETH)$3,317.291.29%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$950.062.23%
  • rippleXRP(XRP)$2.071.40%
  • solanaSolana(SOL)$143.801.43%
  • usd-coinUSDC(USDC)$1.010.60%
  • tronTRON(TRX)$0.3148242.62%
  • staked-etherLido Staked Ether(STETH)$3,315.971.20%
  • dogecoinDogecoin(DOGE)$0.1385751.53%
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  • bitcoinBitcoin(BTC)$95,259.000.51%
  • ethereumEthereum(ETH)$3,317.291.29%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$950.062.23%
  • rippleXRP(XRP)$2.071.40%
  • solanaSolana(SOL)$143.801.43%
  • usd-coinUSDC(USDC)$1.010.60%
  • tronTRON(TRX)$0.3148242.62%
  • staked-etherLido Staked Ether(STETH)$3,315.971.20%
  • dogecoinDogecoin(DOGE)$0.1385751.53%