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US Senate Passes Infrastructure Bill


The US Senate passed a USD 550bn infrastructure plan with the original crypto tax provision. "Next, the bill goes to the House, which is in recess until September 20. We don't know yet if we'll have a chance to make amendments there," according to Jake Chervinsky, the General Counsel...

New Draft Law in Uruguay Could Legalize Crypto as Payment Method


A new draft law introduced to the Senate in Uruguay could regulate cryptocurrency transactions, and also legalize cryptocurrency as an accepted payment method in the country. If approved, the draft proposed by Senator Juan Sartori would also introduce licenses for Virtual Asset Service Providers...

'Facts' That We 'Know' About Crypto are 'Wrong' - Senate Hearing Witness


Angela Walch. Source: A video screnshot, Youtube/MIT Digital Currency Initiative The US Committee on Banking, Housing, and Urban Affairs (aka the Senate Banking Committee) today holds an important hearing called 'Cryptocurrencies: What are they good for?' - and while some list world-changing...

Joe Biden’s Trillion-Dollar Stimulus Bill Pushes Miami Mayor to Buy Bitcoin


Miami Mayor Francis Suarez has revealed that he bought bitcoin and ether right after the $1.9 trillion stimulus bill passed the Senate, heading to President Joe Biden’s desk to be signed. He said bitcoin “is definitely going to go up … because I don’t think people are going...

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