IRS calls for public feedback on taxing NFTs as collectibles
Those wishing to offer feedback to the IRS on having NFTs treated as collectibles, such as coins or works of art, have until June 19 to submit comments.
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Florida gov and US presidential hopeful calls for CBDC ban
"What the central bank digital currency is all about is surveilling Americans and controlling behavior of Americans," said Ron DeSantis at a 'Big Brother’s Digital Dollar' podium.
SBF shilled FTX risk model to FDIC chairman Gruenberg prior collapse
The invitation was mediated by former CFTC Commissioner Mark Wetjen, who joined FTX US as the Head of Policy and Regulatory Strategy in Nov. 2021.
Peter Schiff blames ‘too much gov’t regulation’ for worsening financial crisis
Finding the right balance between regulations and banking institutions is important for Schiff, considering that Puerto Rico regulators closed down Schiff’s bank due to non-compliance.
Former Coinbase CTO makes $2M bet on Bitcoin’s performance
Balaji Srinivasan has predicted Bitcoin will reach $1 million within 90 days as a consequence of hyperinflation in the United States.
Binance’s response to U.S. Senators lacks financial information: Report
Binance's Patrick Hillman answered a letter from United States Senators requesting information on Binance's operations in the country and its relationship with Binance.US.
Sam Bankman-Fried to propose revised bail package ‘by next week’
The move comes after a judge expressed displeasure about SBF’s use of encrypted-messaging apps and virtual private network services while on bail.
Coinbase is planning to set up crypto trading platform outside US: Report
The reported move came amid many U.S. lawmakers and regulators taking aim at crypto firms for their perceived role in the failure of three major banks.
MakerDAO passes proposal for $750M increase in US Treasury investments
The emergency proposal increases MakerDAO’s holdings of United States bonds by 150%, aiming to diversify the Dai stablecoin’s collateral exposure.
FDIC asked Signature buyers to stop all crypto business: Report
The FDIC regulators have reportedly required any buyer of Signature to agree to give up all cryptocurrency business at the bank.
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