Crypto tax rules will reduce US budget deficit by $11B over ten years — White House
The budget from the Biden administration said modernizing tax rules to include digital assets will bring the government $4.9 billion in revenue in 2023.
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US lawmakers and Fed chair push for crypto regulation in wake of Russia sanctions
Jerome Powell said that the situation with Russia "underscores the need for really congressional action on digital finance, including cryptocurrencies."
Gemini joins Coinbase and Block at the Crypto Council for Innovation
The crypto exchange declared it spent $120,000 on lobbying activities in the U.S. in the third and fourth quarters of 2021.
WEF’s blockchain head will lead the Crypto Council for Innovation
CCI board member Fred Ehrsam cited the WEF executive’s “in-depth knowledge of crypto” in addition to her experience working with governments across the globe.
Fossils vs. Renewables, PoW vs. PoS: Key policy issues around crypto mining in the U.S.
A recent meetup on the Capitol Hill highlighted several key debates that will define the mining industry’s development in the years to come.
Fed conducted ‘policy sprints’ around crypto assets to address regulatory clarity
Government agencies are planning to adjust compliance standards on existing laws and regulations related to custody services, buying and selling crypto, crypto-collateralized loans, HODLing, and the issuance of stablecoins.
Norway Mulls Backing Sweden’s Call for Euro Ban on Crypto Mining
The government in Norway is considering ways to limit the environmental impact of cryptocurrency mining and may support Swedish proposals to that end, including a European ban on proof-of-work mining.…
Law Decoded: US as an anatomical theater of crypto regulation, Sept. 13–20
Gary Gensler gets grilled on Capitol Hill as crypto looms large on national political agendas from Cuba to South Korea.
China’s Hebei Province Begins Crackdown on Crypto Mining and Trading, Reports Reveal
Authorities in the Chinese province of Hebei have reportedly launched a campaign against cryptocurrency mining and trading. According to a quoted announcement by the region’s cyberspace administration, a number of…
Turkish central bank taps local tech firms for digital currency R&D
The Central Bank of the Republic of Turkey has signed agreements with various firms to form the Digital Turkish Lira Collaboration Platform.