North Carolina Congressman Reintroduces Crypto Tax Bill
A tax bill aimed at refining the Internal Revenue Service’s treatment of cryptocurrencies has moved to the U.S. House of Representatives Ways & Means Committee.
US Congressman: You Can’t Kill Bitcoin, Libra And Others Trying to Mimic
All eyes are on Bitcoin, Facebook’s Libra, and the entire cryptocurrency market this week, following a tweet from the United States President Donald Trump, a Senate hearing on Libra, and an abundance of financial industry chatter as the crypto market takes its first steps towards serious regulation and legitimacy.
Congressional leaders have drafted a bill that would ban Big Tech from launching a digital asset
A draft discussion bill titled, "Keep Big Tech Out of Finance Act," has surfaced ahead of Facebook's slated congressional hearing this week.
Second US Congressional Hearing Is Scheduled on Facebook’s Libra Crypto
The U.S. House Financial Services Committee will host a hearing on Facebook’s libra cryptocurrency next month, one day after the Senate Banking Committee holds its previously announced hearing.
US Reps Urge IRS to Clarify Reporting of Crypto Taxes Ahead of April 15 Deadline
Members of the United States Congress sent a joint request to the Internal Revenue Service (IRS) to provide clarity on reporting crypto taxes, according to an announcement on April 11.
US Congress introduces two new cryptocurrency bills
US lawmakers are exploring new blockchain regulations. US Congress just introduced two new cryptocurrency bills aimed to address price manipulation and boost the country’s competitive edge in the new industry.
US: Bill Exempting Non-Custodial Crypto Services From Certain Laws Reintroduced to Congress
A bill exempting companies providing non-custodial crypto services from certain state money transmitting laws has been resubmitted to the United States Congress. Data confirming this was published on the Congress’ official website on Jan. 14.
CFTC Chair Says Regulator Is 'Behind' on Blockchain
The head of the U.S. Commodity Futures Trading Commission (CFTC) told Congress on Wednesday that the agency is "falling behind" on the subject of blockchain compared to other countries.
US Commodities Regulator Beefs Up Bitcoin Futures Review
The Commodity Futures Trading Commission (CFTC) is developing a "heightened review process" for cryptocurrency futures though it will continue to allow exchanges to self-certify products, Chairman J. Christopher Giancarlo announced last week.