Jeb Bush Wants to Repeal FCC Net Neutrality Regulations
In the Spring of 2015, the Federal Communications Commission modified its common carrier regulations to include Internet Service Providers (ISP), essentially creating net neutrality in the United States. Now, Republican presidential hopeful Jeb Bush hopes to reverse the FCC’s decisions and overturn those regulations, returning the ISP industry to the way it used to be. Bush’s argument for repealing net neutrality maintains that the regulations hinder consumer welfare — rather than increasing it — and harm smaller ISPs. Bush’s official campaign website published a blog post titled “The....
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U.S. Senator Ted Cruz has introduced a bill to repeal the $1 trillion infrastructure package’s crypto provision, which he said is a “devastating attack” on the crypto industry. “I urge my colleagues in the Senate to repeal this harmful language that will create regulatory uncertainty and in turn an unnecessary barrier to innovation,” he said.
Senator Cruz Pushes for Infrastructure Bill’s Crypto Provision to Be Repealed
U.S. Senator Ted Cruz said Tuesday that he has introduced “legislation to repeal infrastructure bill’s....
As America's highly controversial global tax law reaches its first birthday, almost half of Americans who live overseas would support a presidential candidate who vowed to move to repeal it, reveals a new survey by one of the world's largest independent financial advisory organizations. In a global poll, deVere Group recently asked more than 370 of its American expatriate clients: Would you vote for a presidential candidate that opposed FATCA (the Foreign Account Tax Compliance Act) and pledged to seek its repeal? 48 per cent said 'yes', 29 responded 'no', and 23 per cent 'didn't know.'.....
Bitcoin is a payment mechanism designed to level the playing field, driving out unnecessary costs and making it possible for even the lowest income members of society to participate in the economy. But it relies on a free and open Internet to do so. In the US, the rules governing Internet access are changing, threatening net neutrality - the principle that lets everyone use the Internet in the same way. Where would that leave bitcoin and other cryptocurrencies? It helps to think of the Internet like a giant switched city road system, with packets of information traveling along it from....
The United States Federal Communications Commission (FCC) recently voted to end "net neutrality," which will allow internet service providers to charge fees for faster connection speeds. Many have decried this decision, although it is still unclear what ultimate effect this will have on the internet service industry. In the meantime, many cryptocurrency enthusiasts-especially those considering an investment in mining equipment-wonder how this decision will affect them. CCN obtained an exclusive interview with the CEO of a prominent mining hardware company to tackle this important issue.....
A speechwriter for former U.S. President George W. Bush and a bitcoin critic, David Frum has claimed that the low-interest rates are fueling the crypto asset’s rally. Frum suggests that the crypto asset might experience a “fast and deep price crash” if and when interest rates start to rise. Institutional Interest in BTC In comments made via Twitter, Frum, who regurgitates the BTC mining inefficiency claims, also attacks the crypto asset’s store of the value proposition. He states that of “all the pro-bitcoin arguments, surely the worst is the store against....