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‘Wolf of All Streets’ Trader Expects Bitcoin to Surpass $100K Within 6 to 12 Months
15.8.2021
Crypto trader and investor Scott Melker, also known as “The Wolf of All Streets,” expects the price of bitcoin to hit new all-time highs by the end of the year. “I would not be surprised at all to see bitcoin trading in six figures within the next six to 12 months, or ethereum...
Infrastructure bill passes, Coinbase posts $1.6 billion in Q2 profit, $600 million stolen in DeFi hack: Hodler’s Digest, Aug.8-14
14.8.2021
Senate infrastructure bill isn’t perfect, but could the intention be right?
13.8.2021
The provisions of the U.S. infrastructure bill stirred up a heated debate, but many of the fears voiced by its critics are misguided
Biden’s infrastructure bill doesn’t undermine crypto’s bridge to the future
13.8.2021
Some saw beneficial effects from the week’s legislative face-off. Still, “crypto and blockchain technology is at a significant moment.”
Nancy Pelosi Urged to Amend ‘Harmful’ Cryptocurrency Provision in Infrastructure Bill
13.8.2021
U.S. Representative Anna Eshoo has asked House Speaker Nancy Pelosi to amend the crypto provision in the $1.2 trillion infrastructure bill that the Senate passed this week. She urged the House to adopt the bipartisan amendment supported by the Treasury Department that provides a solution. Rep....
Satoshi Versus the ‘Infrastructure Bill’ — Political Permission Not Required
12.8.2021
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...
Report: Nigeria’s Digital Currency to Be Designated ‘Critical National Infrastructure’
11.8.2021
According to a report, the Central Bank of Nigeria (CBN) is planning to have its proposed digital currency designated “critical national infrastructure” in order to protect it from operational and cyber-security risks. In addition, the CBN will also apply regulatory and compliance...
Mark Cuban likens shutting off crypto growth to stopping e-commerce in 1995
11.8.2021
Bitcoin proponent Mark Cuban is certainly not happy with the tighter rules for crypto businesses introduced in the new infrastructure bill
US Senator claims support for crypto amendments despite blocking bill
11.8.2021
Senator Shelby claims he supported the cryptocurrency provisions of the amendment to the infrastructure bill that his sole objection blocked from passing the senate
$1.2 Trillion Infrastructure Bill Passes Senate With Troubling Crypto Requirements
11.8.2021
The U.S. Senate has passed the $1.2 trillion infrastructure bill with a crypto reporting requirement provision that has been described as “unworkable.” Senator Ted Cruz warned: “This infrastructure bill has in it a portion that is designed to obliterate crypto. That would be...
Infrastructure bill passes US Senate — without clarification on crypto
10.8.2021
"This legislation imposes a badly flawed, and in some cases unworkable, cryptocurrency tax reporting mandate that threatens future technological innovation,” said Senator Toomey
US Senate Passes Infrastructure Bill
10.8.2021
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...
US Consumers Expect Inflation to Continue Rising Sharply According to the Fed’s Latest Survey
10.8.2021
The Federal Reserve Bank of New York published the Survey of Consumer Expectations report on Monday, which shows U.S. consumers are expecting short-term inflation levels to be higher than usual. Meanwhile, the report also shows American consumers’ expectations of long-term inflation have...
Congress’s Misstep on Crypto Reporting Shows the Dangerous Allure of Surveillance
9.8.2021
The visceral pushback to Sen. Rob Portman's reporting requirements isn't about avoiding taxes – it's about protecting digital liberties
US Senators and Treasury Reach Agreement on Crypto Requirements in Infrastructure Bill
9.8.2021
Five U.S. senators have been working with the Treasury Department and have come up with a compromise crypto amendment to the $1.2 trillion infrastructure bill. “We’ve worked with the Treasury Department to clarify the underlying text and ensure that those who are not acting as brokers...
BREAKING: US lawmakers behind crypto amendments to infrastructure bill introduce compromise
9.8.2021
The new compromise amendment could still be added to HR 3684 through a unanimous consent request — provided not even one senator objects
Unchanged crypto tax bill will be put to a vote on Tuesday
9.8.2021
Senate talks regarding the controversial crypto provisions to the U.S. infrastructure bill have ended without amendment, suggesting the original bill will be voted on come Tuesday
US Senator Warns Passing Unproven Crypto Law Will Stifle Innovation and ‘Make Americans Poorer’
8.8.2021
U.S. Senator Mike Lee has raised concerns that adopting the crypto tax provision in the $1.2 trillion infrastructure bill will stifle innovation and make Americans poorer. He explained that cryptocurrencies are not like securities and cannot be regulated with the same policies, noting that to do...
2 Senators introduce pro-crypto amendment to infrastructure bill; industry says it's not enough
7.8.2021
Perianne Boring, the founder and president of the Digital Chamber of Commerce, provided details about the proposed amendment Saturday afternoon
Tesla CEO Elon Musk Opposes ‘Hasty’ Cryptocurrency Regulation
7.8.2021
Tesla CEO Elon Musk says there is no crisis that compels hasty cryptocurrency regulation. He agrees with Coinbase CEO Brian Armstrong that the U.S. government should not pick winners or losers in cryptocurrency innovation. Elon Musk and Coinbase CEO Agree on Crypto Regulation Tesla CEO Elon Musk...