Cryptocurrency derivatives exchange BitMEX announced today that it has reached a settlement with the Commodity Futures Trading Commission (CFTC) and the U.S. Financial Crimes Enforcement Network (FinCEN).
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Today, the Indian government took up the issue of crypto-assets. The government's rhetoric emphasizes the goal of eliminating the use of crypto-assets to finance illegal activities or as part of the payment system.
After the U.S. Senate failed to pass amendments to the infrastructure law that are important to the crypto industry, IOHK CEO Charles Hoskinson promised to take its representatives to the streets.
The infrastructure bill proposed by the White House administration has sparked fierce debate in the Senate. Republicans don't want the President's ideas to become a reality and demand a change in funding.
The pilot program was originally scheduled to start in May, but was postponed for unspecified reasons.
A compromise amendment to a tax reporting bill for cryptocurrency transaction income was rejected by the U.S. Senate.
Bitcoin introduced to the world a whole new set of blockchain-based financial applications. CeFi (centralized finance) has been around since the advent of the flagship cryptocurrency.
On Tuesday, August 10, the U.S. Senate sent a bipartisan bill to raise $1 trillion to upgrade the nation's infrastructure to the House of Representatives in its original form.
According to co-founder of PayPal David Sachs, in the near future we should expect big companies and authorities to form a list of so called "prohibited purchases" "No-Buy" for users and companies that have questions.
In our last article, we talked about cryptocurrency taxation in Europe. Today we will talk about Asian countries.
Indian crypto exchange CoinDCX has raised 6.70 billion rupees ($90 million) from investors in a funding round worth more than $1 billion.
The U.S. Senate continues to debate a bill that would allow the White House to get $1.5 trillion to build and rebuild infrastructure. Some of these funds will come from new taxes, particularly the cryptocurrency market should bring in $28 billion in additional fees.
Taxation of cryptocurrency transactions is a problem that is being addressed around the world. Since the World Bank and the financial regulator SEC do not have a unified vision for digital money, each country solves this problem individually, at its own discretion.