Daniel Kuhman

In a budget speech held on Tuesday, India’s Finance Minister Nirmala Sitharaman announced that they would be implementing a 30% tax on any income from the transfer of virtual digital assets. According to Sitharaman, “There’s been a phenomenal increase in transactions in virtual digital assets. The magnitude and

On January 31, 2022 Fidelity Digital Assets (FDAS) released a report titled “Bitcoin First,” in which co-authors Chris Kuiper and Jack Neureuter propose that Bitcoin is fundamentally different from other digital assets and that investors should treat it as a monetary good that “no other digital asset is likely to

Impervious, the group that released a bundle of APIs last fall built on top of the Bitcoin Lightning Network, announced that they will be publicly releasing the Impervious Browser on April 7th, during the Bitcoin 2022 Conference. According to their newsletter published January 30, 2022, “following an enthusiastic reception of

Cathie Wood’s ARK Invest, a firm focused on disruptive innovation, released their “Big Ideas 2022” report last week. The firm expressed their belief that there are five “innovation platforms” that will generate significant equity market returns over the long term: artificial intelligence, robotics, battery technology, gene sequencing, and blockchain.

State Senator Wendy Rogers has introduced a bill to make bitcoin legal tender in the state of Arizona. The bill proposes adding bitcoin to the existing list of legal tender definitions. The bill defines bitcoin as a “decentralized, peer-to-peer digital currency in which a record of transactions is maintained on

Don Huffines, a former U.S. Senator and current candidate for state governor of Texas, released a Bitcoin policy plan on his campaign website that outlines the approach he would take to make Texas a safe haven for Bitcoiners. In a statement following the release, Huffines said: I have owned

On January 26, 2022 the U.S. Federal Reserve provided several updates regarding their stance on monetary policy. In a press release, the Federal Open Market Committee (FOMC) announced that the Board of Governors voted unanimously to keep interest rates paid on reserve balances at 0 - 0.25%. The

On January 24, 2022  The Executive Board of the International Monetary Fund (IMF) concluded their consultation with El Salvador. According to the IMF's press release regarding the consultation, the Executive Board’s assessment concluded that there are “large risks associated with the use of Bitcoin on financial stability,