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US lawmakers propose adding digital assets to ‘wash sale’ rule and raising capital gains tax

If passed, the plan would raise the capital gains tax rate for "certain high income individuals" to 28.8%, while eliminating the "wash sale" loophole for crypto users.

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Fed Balance Sheet Hits $8.357 Trillion, Is It Hastening Crypto Adoption? (Opinion)

This week the U.S. Federal Reserve’s balance sheet charted another all-time high. At an astounding $8.357 trillion, are the rapidly growing assets of the Fed speeding crypto adoption? The Federal…

Continue ReadingFed Balance Sheet Hits $8.357 Trillion, Is It Hastening Crypto Adoption? (Opinion)

One in Every Four Americans in Favor of Legalizing Bitcoin in the US: Survey

El Salvador’s decision to accept bitcoin as a legal tender is already rattling some cages. Other small nations in the region dabble with the same idea. A recent survey from…

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