A U.S. Treasury study claims that fully integrating CBDCs into the economy would destabilize banks. A recent White House report criticized stablecoins, claiming that they are...
President Joe Biden has proposed an excise tax on cryptocurrency mining companies that is 30% of the cost of the power they use. Biden’s Fiscal Year...
President Joe Biden’s taxation guidelines for 2024 will remove tax deductions for losses from crypto-wash sales New budget proposal will also double the capital gains tax...
Four senior White House officials posted a blog yesterday, criticizing Congress for failing to enact cryptocurrency regulations. However, crypto regulations have not been the priority of...
From a $69,000 ATH just last year, Bitcoin has now lost 50% of its value in the current market fall. We can see that the markets...
The much-awaited U.S. Treasury Department-led regulatory report has called for more regulations around stablecoins. The President’s Working Group on Financial Markets (PWG) is of the view...