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US House Of Representatives Expresses Doubts On Facebook’s Libra Project


The ambitious cryptocurrency project of Facebook, Libra immediately got surrounded by questions on privacy soon after it disclosed its plan to launch. The director of FinCEN, Kenneth Blanco, questioned about the potential usage of Libra in money laundering, criminal financing, and other unlawful...

Indian Crypto Community Petitions Government for Regulation


Following widespread reports of the upcoming Indian cryptocurrency bill, the crypto community has started a petition for the government to quickly implement a regulatory framework for cryptocurrencies. In addition, a television network operated by the Upper House of the Indian Parliament has aired...

White House Economic Adviser Kevin Hassett To Step Down Soon


Over the years, numerous high profile advisers and officials have left the Trump administration for a variety of reasons. However, the reason behind economic advisor Hassett’s departure is still unclear so far. Ever since Donald Trump became the president of the United States, the sudden departure...

New Cryptocurrency Bill Advances in Japan, Regulator Explains


Japan’s House of Representatives has passed a new cryptocurrency bill with additional requests for the government to incorporate into law. News.Bitcoin.com talked to Japan’s top financial regulator to find out the implications of this bill and the proposed resolution. Also read: Indian...

IRS Plans to Issue Guidance on Virtual Currency Taxation


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...

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