Search
Crypto Bullishness Spreads on Capitol Hill
21.7.2019
U.S. Congress has shown that it is starting to care about cryptocurrency as a number of lawmakers spoke up in favor of it this week. “The world Satoshi Nakamoto had envisioned is an unstoppable force” and “there’s no capacity to kill bitcoin” are some of the comments...
Lawmakers Amp Up Pressure on Facebook to Halt Libra Cryptocurrency Development
17.7.2019
U.S. lawmakers repeatedly pressed Facebook's top blockchain exec to halt development of the Libra cryptocurrency in Tuesday's hearing
What to Expect When Congress Grills Facebook on Cryptocurrency This Week
15.7.2019
The Congressional hearings on Facebook's Libra are likely to focus more on the company's privacy failings than broad crypto policy questions
US Lawmakers Draft "Keep Big Tech out of Crypto" Bill
15.7.2019
American parliamentarians are moving fast in an attempt to stop major IT companies from offering financial services and issuing cryptocurrencies.
The draft discussion bill (which you can read in its entirety here), is entitled the Keep Big Tech out of Finance Act. The proposal has been circulated...
IRS Agents Propose Draconian Tactics to Investigate Bitcoin Users
9.7.2019
A recently published U.S. Internal Revenue Service (IRS) slide describes alarming recommendations on how tax agents should deal with digital currency users who are not paying taxes. The slide recommends that agents question crypto users’ friends and family, comb through social media posts...
Facebook Receives Letter From The House Lawmakers Asking Them To Officially Put Libra Development On Hold
3.7.2019
Facebook’s digital currency Libra is in the news again but seemingly for all the wrong reasons. According to the reports doing the rounds since 2nd July 2019. The social networking giant has received a formal letter from the US lawmakers that asks the company to officially put the development...
4 US Lawmakers Join Call to Freeze Facebook’s Libra Project
3.7.2019
Several House Democrats called for a moratorium on Libra development in a letter to Facebook executives on Tuesday
Flowery V20 Talk and Government Terror: Why Darknet Crime Is the Least of Our Worries
1.7.2019
Governments and central banking regulatory bodies continue to express concern about crypto being used for criminal purposes and terror. The terror campaigns of these very same governments continue unabated, however. In the wake of the V20 summit it might seem that lawmakers actually care about...
US Lawmakers Question FinCEN on Terrorist Use of Facebook’s Libra
27.6.2019
U.S. lawmakers questioned FinCEN director Kenneth Blanco about potential terrorist use of Facebook's libra cryptocurrency
American Lawmakers Want Facebook to Put Brakes on Libra
19.6.2019
Source: iStockPhoto/Natali_Mis
Facebook’s Libra token is already facing a legal threat, with senior American parliamentarians asking the social network to cease “momentum going forward” while they probe the project – and take their fight to the greater cryptocurrency industry.
Per an official...
Halt Libra? US Lawmakers Call for Hearings on Facebook’s Crypto
18.6.2019
House Financial Services Committee Chair Maxine Waters asked Facebook to halt development of its Libra crypto until hearings can be held
Facebook Has Yet to Answer US Lawmakers’ Questions About Libra Crypto
18.6.2019
Facebook is still working on its responses to the U.S. Senate Banking Committee's questions about the Libra coin
Indian Lawmakers Propose Adoption of 10-Year Jail Term for Crypto Dealings
7.6.2019
India’s new crypto bill reportedly includes a 10-year jail term for dealing with crypto, but also suggests the development of a national crypto
US Lawmakers Urge Trump Advisor Larry Kudlow to Promote Blockchain
29.5.2019
U.S. lawmakers have asked Trump advisor Larry Kudlow to include blockchain on a list of tech initiatives to support
IRS Plans to Issue Guidance on Virtual Currency Taxation
21.5.2019
Internal Revenue Service (IRS) commissioner Charles Rettig has explained to U.S. representatives that the tax department plans to issue clearer guidance toward cryptocurrency taxation soon. Since 2014, Americans have been asking the tax agency for better clarification in regard to official...
US Lawmakers Form Fintech Task Force to Examine Industry
10.5.2019
United States lawmakers have passed a resolution to create a fintech task force that will examine the current regulatory framework for fintech