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European Union Pushes for Mass Surveillance of Bitcoin and Crypto Transactions
European Union Pushes for Mass Surveillance of Bitcoin and Crypto Transactions
News  •  Bitcoin  •  Jun 30, 2022 by CJ

Ernest Urtasun, a member of the E.U. Parliament, took to Twitter on Wednesday to provide a glimpse of upcoming regulations looking to “put an end to the wild west of unregulated crypto.” The legislation introduces a large number of requirements for both registered entities as well as “unhosted wallets”

U.S. Tax Crackdown on Bitcoin and Cryptocurrency Hits Delay
U.S. Tax Crackdown on Bitcoin and Cryptocurrency Hits Delay
News  •  Bitcoin  •  Jun 29, 2022 by Philipe F

The Treasury Department and Internal Revenue Service are likely to delay a January date for the firms to begin tracking data such as customers’ capital gains and losses, according to people familiar with the matter and who asked not to be named at this time. The move would mean that

Samson Mow Debunks Pentagon-backed Bitcoin Report
Samson Mow Debunks Pentagon-backed Bitcoin Report

According to Samson Mow, CEO of JAN3, a report released last month by Trail of Bits, a security firm based in New York City, contains a number of flaws and false assumptions about Bitcoin. The report named “Are Blockchains Decentralised? Unintended Centralities in Distributed Ledgers” looks at topics such as

News  •  Bitcoin  •  Jul 07, 2022
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Samson Mow Debunks Pentagon-backed Bitcoin Report
Samson Mow Debunks Pentagon-backed Bitcoin Report

According to Samson Mow, CEO of JAN3, a report released last month by Trail of Bits, a security firm based in New York City, contains a number of flaws and false assumptions about Bitcoin. The report named “Are Blockchains Decentralised? Unintended Centralities in Distributed Ledgers” looks at topics such as

News  •  Bitcoin  •  Jul 07, 2022
European Union Pushes for Mass Surveillance of Bitcoin and Crypto Transactions
European Union Pushes for Mass Surveillance of Bitcoin and Crypto Transactions

Ernest Urtasun, a member of the E.U. Parliament, took to Twitter on Wednesday to provide a glimpse of upcoming regulations looking to “put an end to the wild west of unregulated crypto.” The legislation introduces a large number of requirements for both registered entities as well as “unhosted wallets”

News  •  Bitcoin  •  Jun 30, 2022
U.S. Tax Crackdown on Bitcoin and Cryptocurrency Hits Delay
U.S. Tax Crackdown on Bitcoin and Cryptocurrency Hits Delay

The Treasury Department and Internal Revenue Service are likely to delay a January date for the firms to begin tracking data such as customers’ capital gains and losses, according to people familiar with the matter and who asked not to be named at this time. The move would mean that

News  •  Bitcoin  •  Jun 29, 2022
Grayscale Prepares for Spot Bitcoin ETF Ahead of SEC Approval
Grayscale Prepares for Spot Bitcoin ETF Ahead of SEC Approval

Grayscale Investments said Monday (June 27th, 2022) that it is gearing up to work with heavyweight market makers Jane Street and Virtu Financial if the SEC approves their Grayscale Bitcoin Trust (GBTC) to be converted into a spot ETF. GBTC is currently trading at nearly a 30% discount to net

News  •  Bitcoin  •  Jun 28, 2022
U.S. Senators Ask White House to Ban Carbon-based Proof-of-Work Mining
U.S. Senators Ask White House to Ban Carbon-based Proof-of-Work Mining

Five US Senators have penned a letter to the White House Office of Science and Technology Policy (OSTP), asking for greater restrictions on Bitcoin and cryptocurrency mining. The letter, addressed to the White House OSTP, was signed by Sheldon Whitehouse, Elizabeth Warren, Tina Smith, Jeff Merkley, and Ed Markey. Within

News  •  Bitcoin  •  Jun 24, 2022
Louisiana Bill Allows Institutions to Custody Bitcoin on Behalf of Customers
Louisiana Bill Allows Institutions to Custody Bitcoin on Behalf of Customers

The governor of Louisiana recently signed a bill allowing financial institutions in Louisiana to have custody of Bitcoin and digital assets on behalf of their customers. Dennis Porter tweeted the finalized bill on June 21st, 2022. Louisiana's new law now allows banks and financial institutions within the state

News  •  Bitcoin  •  Jun 22, 2022
Congress Members Write Benefits of Bitcoin Letter to the EPA
Congress Members Write Benefits of Bitcoin Letter to the EPA

A group of U.S. Congress members sent a letter to the country’s Environmental Protection Agency (EPA) explaining that Bitcoin’s Proof-of-Work (PoW) mining mechanism benefits the environment despite opposing beliefs. Concerns over the environmental effects caused by PoW mining have been a main priority for critics of the

News  •  Bitcoin  •  Jun 17, 2022
Political Fundraising Platform Will Accept Bitcoin Donations
Political Fundraising Platform Will Accept Bitcoin Donations

A new startup called Engage Raise will provide politicians the option to receive Bitcoin and cryptocurrencies for political campaign donations. The company is owned and operated by Engage Labs and will be launching the service in July across the U.S. Campaign donations are a tool for citizens and corporations

News  •  Bitcoin  •  Jun 16, 2022
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