Senator Cynthia Lummis of Wyoming is reportedly preparing to unveil groundbreaking legislation at the upcoming Bitcoin 2024 conference in Nashville, aiming to elevate Bitcoin to a strategic reserve asset on par with gold. This move could change U.S. monetary policy and significantly elevate Bitcoin’s status in the financial landscape. The
US Senators Proposed a tax-free bill for small crypto transactions. The bill demands cryptocurrency transactions less than $50 be exempt from taxation. Famed US Senators have proposed a new bill that would exempt modest crypto transactions from capital gains taxes. A proposed bill attempts to exempt Americans from keeping track
El-Salvador’s BTC legal tender possesses issues for the U.S trade. U.S lawmakers on pursuit for mitigatory plans. Nayib Bukele completely against the remarks made by the U.S. Ever since the Bitcoin (BTC) has been made as one of the legal tenders in El-Salvador, controversies are nevertheless. Apart from the world
Carla Sands states the US should be the BTC capital of the world. U.S. senate candidate confident on BTC. Urges BTC miners to come to the US. Though the war of Russia on Ukraine has been so far a week, yet, U.S senate candidates take on the talk of crypto
In recent times, there were a lot of controversial statements revolving in the U.S regulations for crypto taxations. The U.S provision targets to achieve $28 billion for bipartisan infrastructure and uses a smart idea to raise the fund through the tax amount of cryptocurrencies. Besides, the U.S Senate is against
The Senate advances a bipartisan infrastructure plan to collect extra taxes from the crypto investors and fund a $550 billion investment for transports and other utilities. The crypto-market is already dealing with issues from regulators in many countries, and now it is being burdened with additional-taxes. As the crypto industry
The rise of technology together brings efficient ways for crime to flourish also. Amidst this, the rise of cryptocurrency gave even more efficient possibilities. Ever since the introduction of cryptocurrency to the world, most of the underworld dealings, illegal drugs trafficking, and especially cybercrimes all have been transacted through cryptocurrencies.
