Colorado becomes the first state in the USA that allows residents to use crypto for tax payments. Governor Jared Schutz Polis revealed the news at Denver Startup Week, saying that Colorado is showing again from a customer service point that it's technologically advanced and inclined to meet the...
The US prosecutor's office became interested in Binance for its compliance with anti-money laundering legislation. At the end of 2020, US law enforcement turned to the management of the trading platform to provide them with internal documentation that could identify suspicious transactions....
The Congress of the US wrote a letter to the presidential administration related to crypto mining and its impact on surroundings. Democratic lawmakers questioned seven crypto mining firms about the energy they use. Reports show that miners are consuming essential amounts of electricity. Seven of...
The French court ruled against the Russian Alexander Vinnik, as a result of which he can be extradited to Greece, and then to the US. As lawyer Frederic Belomentioned, the court rejected the cassation petition with an appeal against the sentence of five years in prison: “As a consequence,...
Trading in the US ended with a decline in business activity indices. Capital with renewed vigor began to withdraw from risky assets, but the dollar index rose on Thursday, June 30, to 105 points. Bitcoin (BTC) is depreciating along with tech stocks. This morning, the BTC rate in Asia fell below...
The United States is on the list of countries with a growing share of cryptocurrency investors. Moreover, this country is confidently leading the world in terms of the number of bitcoin ATMs, which indicates the desire of Americans to test the possibilities of virtual currencies. The US Federal...
During an interview with CNBC program Squawk Box, US Secretary of the Treasury Janet Yellen said crypto has a major role in investment decisions for Americans. Yellen restated her concerns towards digital assets viewing them as a threat to financial stability. Also, she mentioned the need to...
The US Senate considers adopting a bill that as it describes would mitigate risks to the US financial system that it finds may come from El Salvador's adoption of BTC as legal tender. Senators Jim Risch, Bob Menendez, and Bill Cassidy introduced the act on February 16. The bill would require...
American law enforcement officers seized about $ 450,000 worth of bitcoins, which phone scammers stole from an elderly US citizen. This is stated in a statement by the District Attorney of the State of North Carolina Dena King. In August 2021, attackers, presumably from abroad, called a resident of...
Many in the US political and business establishment see the digital yuan as a threat to the dollar. That is why the Senate has prepared a bill designed to limit the ability of companies to use the Chinese token (CBDC). Congressmen fear that the digital yuan will not only undermine the dominance of...
Following Joe Biden's recent announcement regarding digital assets, the stock prices of some large companies have risen significantly. The President of the United States signed an order asking the executive branch to immediately create favorable and safe conditions for the conduct of activities by...
Senator Elizabeth Warren is drafting a bill to make it harder to circumvent economic sanctions with digital currencies. This politician represents the camp of supporters of strict crypto regulation in the American establishment. She has repeatedly demanded from Congress and the government to...
Today, the US Secretary of the Treasury, Jannet Yellen disclosed some details of President Joe Biden’s crypto executive order. According to the publication, the much awaited paper defines a detailed approach to digital currencies. It’ll support responsible innovation due to which the country,...
North American countries continue to lead the world in terms of installed bitcoin ATMs. According to CoinATMRadar, 32,150 and 2,359 terminals are ready to serve digital currency holders in the US and Canada, respectively. The top five countries also include Spain, El Salvador, and Poland. The...
The general manager of the conglomerate Digital Currency Group Inc, Marius Reitz, in one of his interviews, said that Luno, a cryptocurrency exchange owned by them, plans to expand its activities in the United States. It is worth noting that for this platform, which, by the way, is the largest...
Back at the beginning of last year, some companies representing the blockchain industry announced their intention to significantly increase spending to promote the concept of reasonable crypto regulation and protect the interests of the industry. Startup Cryptohead.io predicts that crypto lobbying...
The bill “On Fair Taxation of Cryptocurrencies” was resubmitted to the House of Representatives of the US Congress. The initiative provides for exemption from capital gains tax when the profit from the use of digital assets does not exceed $200. The bill was sponsored by Arizona Republican...
Crypto representatives and congresspeople discussed the future of digital assets during the hearing called by the chairwoman of the House Committee of Financial Services, Maxine Waters. Mainly, members of congress were positive about the industry. FTX CEO Sam Bankman-Fried, Coinbase CFO Alesia...