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IRS Seeks Congressional Authority to Obtain Data on Cryptocurrency Transactions

8.6.2021
The U.S. Internal Revenue Service (IRS) says it needs congressional authority in order to obtain the information needed to regulate cryptocurrency. “We get challenged frequently and to have a clear dictate from Congress on the authority for us to collect that information is critical,”...

Miami mayor bought Bitcoin after Congress passed $1.9T stimulus bill

3.6.2021
Miami Mayor Francis Suarez says he owns both Bitcoin and Ether but has been too busy to buy the recent dip

SEC Urges Congress to Pass Cryptocurrency Legislation to Protect Investors

28.5.2021
The U.S. Securities and Exchange Commission (SEC) has urged Congress to pass cryptocurrency legislation to protect investors, the new SEC chairman has revealed. The securities regulator is also working with the Commodity Futures Trading Commission (CFTC) and the U.S. Treasury Department to combat...

US SEC wants to work with Congress to regulate crypto exchanges

27.5.2021
SEC head Gary Gensler said that the authority spends only $325 million a year on tech, which is less than some industry players spend in two weeks

Spain Based Custodial Services to Report Ownership of Crypto Assets, According to New Law Draft

27.5.2021
A new law draft approved just today by the Finance Commission of the Spanish Congress would make Spain-based custody services report the ownership of the cryptocurrencies under management. The law, which was stuck in Congress for some time, aims to close a gap in the legislation that allowed some...

Banks cautious about crypto ahead of COVID-19 testimony before US Senate

26.5.2021
CEOs of major American banking institutions are heading to Washington to face legislators' questions about how they will aid a post-pandemic economic recovery

US Congress Will Not Pass Cryptocurrency Legislation Anytime Soon, Says Lawmaker

24.5.2021
U.S. Congressman Jim Himes says that Congress is not ready to pass cryptocurrency legislation anytime soon, citing a lack of deep understanding of cryptocurrencies among lawmakers. “There’s going to be a lot of discussion in the coming years about ways to regulate”...

SEC Chair Gensler Says Cryptocurrency Exchanges Need More Regulation, Asks Congress to Weigh in

21.5.2021
The new chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, is pushing for more regulation around cryptocurrency exchanges, citing the need for investor protection in this area. He has asked Congress to weigh in. SEC Chairman Pushes for More Crypto Regulation SEC Chairman...

US lawmaker introduces bill aimed at protecting 'forked assets' from IRS

18.5.2021
This is the third time Rep. Emmer has introduced the bill to the House of Representatives, but the first with a Democrat in the presidency

7th Global Blockchain Congress by Agora Group on June 21 and 22, 2021

6.5.2021
The seventh edition of the world-renowned flagship Global Blockchain Congress by Agora Group is taking place on June 21 and 22, 2021, in Dubai

Congress passes digital asset innovation act to clarify crypto regulations

21.4.2021
U.S. financial regulators will now work together to create modalities for clear-cut crypto regulations in America

US President Biden Pushes for More Stimulus, One Million ‘Plus-up’ Payments Go out This Week

15.4.2021
U.S. politicians are talking about stimulus again in order to bolster American jobs and President Joe Biden’s infrastructure plan. At the end of last week, White House press secretary Jen Psaki explained that Biden would meet with bipartisan members of Congress on Monday in order to push...

Hedge Fund Manager Says Sell-off in US Treasury Bonds a Threat to ‘High-Flying Assets’ Like BTC

17.3.2021
Hedge fund manager Bob Prince has warned that the recent sell-off in the U.S. government bond market could accelerate and this could “threaten high-flying assets” like cryptocurrencies and blank cheque companies. Prince, who is the co-CIO at Bridgewater Associates, links this looming...

We Did It, Joe!

10.3.2021
It’s happening, y’all—the Democrats in Congress, with no Republican support whatsoever, have passed the $1.9 trillion covid-19 relief package, and President Joe Biden is expected to sign it on Friday. I am literally crying right now, thinking of all of the people this ambitious legislation will...