Cryptocurrencies were made to improve the way we transfer value. It gives financial options to those seeking something better or those excluded from traditional finance. However, the crypto sector’s growth is hindered by regulations or the lack of clarity on…
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Senator Lummis on New Digital Assets Bill, Criticizes the SEC
The crypto industry has its fair share of detractors. It was once called a fad and was even called magic internet money. Regulators are also not on crypto’s side. Numerous enforcement actions have been brought upon legitimate digital asset businesses…
Winklevoss Twins Warn of Democrts Fallout from ‘Crypto War’
The Winklevoss twins, renowned cryptocurrency billionaires and co-founders of the Gemini exchange, have voiced their concerns over the potential political repercussions of the ongoing ‘war on crypto’. They argue that the actions of U.S. Senator Elizabeth Warren and SEC Head…
Crypto Finds Strong Support from Members of Congress
The crypto industry has gone through a lot of challenges. The bear market dragged its total market cap from $3 Trillion to around $700 million. To make matters, worst government regulators made it hard for crypto projects to do business…
Elizabeth Warren’s Anti-Crypto Stance: A Challenge to the Industry & Innovation
Senator Elizabeth Warren has been an outspoken critic of cryptocurrencies, voicing her concerns over their potential risks and impact on the financial system. This article delves into the conflict between Warren’s anti-crypto stance and the broader crypto industry, which seeks…
Ukraine Utilized Cryptocurrency Donations Valued at $70 Million in Bitcoin, Ethereum, and USDT to Purchase Military Equipment – Chainalysis
With Ukraine – Russia war, people from around the world donated to Ukraine valued over US $70 million as per the report published by Chainalysis. Bitcoin, Ethereum and USDT as the widely accept form of cryptocurrency as per the Government…
Argentina Proposes New Tax Incentives for Declaring Crypto Holdings
The Argentine government is considering a proposal that would offer tax discounts to citizens who declare their cryptocurrency holdings. Boosting Tax Compliance The aim of this is likely to boost tax compliance and increase revenue for the government by ensuring…
UK Electronic Bill Hints Use of Blockchain
On Oct 12, the United Kingdom’s House of Lords approved a bill that could potentially use blockchain technology to store trading documents. According to the government’s press release, the Electronic Trade Document Bill has the following goals: The Bill will…