Cryptocurrency think tank Coin Center says the bill is "unnecessary" and "unconstitutional."

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has made some gloomy predictions about the economy and the future of cryptocurrency. Besides warning that we are in the biggest bubble in world history, Kiyosaki has predicted that the government will seize all cryptocurrencies. Robert Kiyosaki Warns of the Biggest […]

Crypto founders are jockeying to have the Ukrainian government accept their tokens as donations.

House representatives have reintroduced a bill that aims to give tax relief to small crypto transactions, exempting traders from paying taxes on payments less than $200. First introduced in 2020, the Virtual Currency Tax Fairness Act is an amendment to the Internal Revenue Service’s tax code, and has been resurfaced by Reps. Suzan DelBene (D-Wash.), […]

The post US Officials Reintroduce Tax Relief Bill For Small Crypto Transactions appeared first on Coin Bureau.

An American couple has rejected a refund from the Internal Revenue Service (IRS) after the agency taxed them for staking their Tezos (XTZ). In declining the IRS’ refund, the couple hopes to force the government provide clarity on taxes relating to crypto staking. Josh and Jessica Jarrett of Nashville, Tennessee, were first offered the refund […]

The post Investors Wait for Outcome of IRS Crypto Staking Case appeared first on Coin Bureau.

Two years and seven months after Facebook announced Libra, it's dead before it was ever born. But Meta isn't done with crypto.

$8 Billion Flushing Bank to Offer Bitcoin Services | Fidelity Files to Launch ETF Tied to Metaverse | Draft Bill Could Let U.S. Treasury Block International Crypto Transactions

The Biden Administration is expected to issue an order that would make government agencies begin conducting risk analysis on cryptocurrency as a national security threat.

Coin Center calls it an effort "to strip our surveillance laws of all public processes."

Lobbying in the US continued to heat up at the tail end of 2021, particularly among major crypto exchanges seeking to comply with local regulations.

The post FTX.US, BinanceUS and Gemini jumped into US lobbying in recent months, yet they trail Coinbase’s $1 million quarterly spend appeared first on The Block.

The Biden Administration's secret crypto strategy is becoming clear: it wants to force stablecoin issuers into the arms of big banking.

A new bill introduced in the U.S. has a provision that “would essentially give the Treasury Secretary unchecked and unilateral power” to ban cryptocurrency transactions, warned crypto advocacy organization Coin Center. Treasury Secretary Janet Yellen will be able to prohibit any crypto transactions “without any process, rulemaking, or limitation on the duration of the prohibition.” […]