Crypto Industry Lobbyists Are Losing Sleep Over New Tax Policy
The crypto industry could be going through one of the most critical points of its history. In the United States, the $1 trillion bipartisan Infrastructure draft bill has been sent to the Senate to be approved. The bill seeks to impose more taxes on transactions related to cryptocurrencies. As Jake Chervinsky, General Counselor at Compound […]
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Will we ever pay with bitcoins by using our credit card? MasterCard is officially paying lobbyists to focus on Bitcoin. A few days ago, Coindesk reported on the first Bitcoin debit card being made by Bitcoin startup Xapo. In the article, it was rumored Xapo was tied to Mastercard in this venture. Soon after publishing, the article was updated with an official notice from Mastercard stating the credit card company had no ties to Xapo or Bitcoin whatsoever. It seems this story is not entirely true, at least not when it comes to the Bitcoin part. Paying for lobbyists. As most of you will....
Why do these Young Turks ladies dare to speak about a subject as complex as cryptocurrencies without doing ANY research? In the following video, both Ana Kasparian and Francesca Fiorentini read a New York Times article interpreting it as fact, while giving the most inane commentary you could imagine. To make things worse, they try to be sarcastic and humorous and fail completely at that too. Related Reading | Crypto Needs Regulation If It’s Going To Survive, Says SEC Boss Their main thesis is that crypto lobbyists are influencing bills and legislation while at the same time trying to....
A new lobbying group will seek to educate legislators and create pilot programs to convince them of the utility of Web3. Lobbying by the cryptocurrency industry and crypto proponents is booming in the U.S. Congress. According to a report released Tuesday by Public Citizen, the number of lobbyists for cryptocurrency-related issues rose from 115 in 2018 to 320 in 2021, with the number of representatives of the cryptocurrency industry itself jumping from 47 to 157 in that time.In February, that chorus was joined by the somewhat unorthodox Lobby3, “a project to fund effective policy advocacy....
Avoid considering digital currencies as your principal source of income to safeguard your mental health throughout this crypto winter. Trading is not the only way to explore the world of digital currencies — you can create content, make Youtube videos, listen to podcasts, etc. When your friend or relative shares their success with crypto trading, you also feel driven toward it. As a result, people start with a minor trade and then expand to earn more substantial profits.Considering the volatility of crypto assets and the 24/7/365 live market, people need to watch the market movements....
Perianne Boring, President of the newly formed Chamber of Digital Commerce, held a presentation at the Bitcoin Center of New York City on Thursday, July 31st. In her presentation, Ms. Boring went through a number of points describing the functions and actions that the Chamber is anticipated to take on. Perianne had these words: "We're looking to build a full government affairs suite of services which will include having lobbyists on staff [and] will be a resource to public policy makers and this is very different from what the commmunity's had in the past; we've had very fragmented....