Patrick McHenry implied that the U.S.’ regulation of stablecoins with a “single regulator at the federal level” would likely fail.
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Category: Ethereum News
US crypto lobbying expenditure doubles in 2021: Here are the biggest spenders
Ripple Labs spent the most on crypto lobbying in the U.S. over the past five years, with expenses totaling $2 million.
Simple math says Russia could collect up to $13B in crypto tax each year
The note mentioned that the estimates are an overview based on a tax slab of 6%, which would be different once regulations are in place.
Singapore saw 13x jump in crypto investments in 2021: KPMG
KPMG forecasts that Singapore’s crypto investment will remain strong this year with increasing regulatory scrutiny.
Does the IMF have a hidden script for El Salvador’s Bitcoin play?
What if El Salvador’s Bitcoin experiment succeeds? Is that what the IMF really fears?
Stealth rulemaking: Is proposed SEC rule with no mention of crypto a threat to DeFi?
A 600-page document proposes changes to the definition of an exchange that could extend to include DeFi protocols.
3 things every NFT investor should know to avoid a tax nightmare
Breaking down what we know (and don’t know) about nonfungible tokens and their current (and possible) taxations.
Ted Cruz buys the Bitcoin dip
Texas Senator who talks a big game actually has something to show for it.
Chainalysis report finds most NFT wash traders unprofitable
Findings from Chainalysis shows the NFT space to be prone to wash trading, but most traders are not profiting.
Decentralized autonomous organizations: Tax considerations
Much has been said about the legal implications of DAOs, but little attention has been paid to the tax and reporting considerations for DAOs and […]