The crypto community is pushing back against amendments to the crypto provisions of the White House’s infrastructure plan — which seeks to raise $28 billion for infrastructure funding through expanded taxation on …
MoreTag: USA
Miami to prepare launch of city cryptocurrency
The city of Miami is set to launch its own cryptocurrency, MiamiCoin, tomorrow. The token will allow people to invest in the city to fund infrastructure projects and events, according …
More
US infrastructure bill will make regulatory changes to cryptocurrency
A provision in an infrastructure bill being debated by the U.S. Senate has prompted concerns in the crypto industry as it boosts Internal Revenue Service reporting requirements for investors and …
More
Europe growing into DeFi hub as US tightens screws on crypto
Research by Dove Metrics has delved into the European DeFi scene revealing that things are still looking healthy despite the market pullback and increased regulatory pressure. A July 27 report noted that 56 European …
More
Texas counties welcome Bitcoin (BTC) miners with open arms
Texas, the second-largest state in the U.S. known for its southern hospitality, is embracing the droves of Bitcoin (BTC) miners that have recently flocked to the region. Following China’s crackdown on …
More
Robinhood: “Bitcoin is our most-traded cryptocurrency ahead of IPO”
t’s probably no surprise, but Robinhood said bitcoin was the most-traded cryptocurrency on its trading platform in 2020. In fact, bitcoin hit over $54 billion in daily average market volume …
More
U.S. regulators to meet and discuss stablecoins on Monday
As authorities begin to take more notice of the rapidly expanding class of digital currencies, U.S. Treasury Secretary Janet Yellen stated on Friday that she would meet with regulators tomorrow …
More
Tennessee city plans to accept Bitcoin (BTC) for tax payments
Jackson, the eighth-largest city in the state of Tennessee, plans to allow its citizens to pay their property taxes in Bitcoin, Mayor Scott Conger announced Friday. The city’s blockchain task …
More
Brian Nelson prioritizes ‘new regulations’ around cryptocurrency
President Biden’s nominee for the Department of the Treasury’s under secretary for terrorism and financial intelligence labeled new regulations around cryptocurrency as a priority of his if confirmed. Brian Nelson, …
More
US Congress to create new crypto working group to tackle blockchain regulation, CBDCs, and more
Earlier this week, Congresswoman Maxine Waters announced that Congress had formed a new working group that would focus on cryptocurrency and fintech policy. Called the Blockchain Caucus or Fintech Task …
More