January 20, 2022

Cryptocurrency Now in the Sights of Australian Regulators

The Australian government has given an ear to the cryptocurrency industry and appointed a new committee that will oversee the development of long called for regulation in the sector which is worth trillions of dollars globally. More than 800,000 Australians have already made crypto transactions over the last three years—a figure growing at an accelerated…

10 common cryptocurrency terms you need to know

Despite Bitcoin launching way back in 2009, it’s only until recently that you can’t turn on the news or browse the web without coming across some mention of cryptocurrency.  I got so many questions from my readers and national radio show listeners that I wrote an eBook about crypto to help. I demystify digital currency, […]

‘Disastrous’ Biden-Backed Infrastructure Amendment Could Crush Cryptocurrency Industry

A “disastrous” amendment backed by President Joe Biden and proposed by Sens. Rob Portman (R-OH) and Mark Warner (D-VA) could crush the cryptocurrency industry, lawmakers and industry officials say. Sen. Rob Portman (R-OH) proposed a $30 billion “pay for” in the $1.2 trillion, 2,702-page so-called “bipartisan” infrastructure bill. The provision contains an overly broad definition…

Pat Toomey: Cryptocurrency Tax in Democrat Infrastructure Bill ‘Unworkable’

Sen. Pat Toomey (R-PA), the ranking member of the Senate Banking Committee, released a statement that slammed the so-called “infrastructure” bill’s provision to tax cryptocurrency as “unworkable.” “Congress should not rush forward with this hastily-designed tax reporting regime for cryptocurrency, especially without a full understanding of the consequences,” Toomey wrote the day after the Senate released the text of the…

$STOPELON Coin Launches to Fight Elon Musk ‘Irresponsibly Manipulating’ the Cryptocurrency Market

An anti-Elon Musk cryptocurrency coin called $STOPELON has reportedly joined the digital currency market following Musk’s negative comments about Bitcoin. Interesting Engineering reports that a new cryptocurrency called $STOPELON has joined the digital market in a direct shot towards Tesla CEO Elon Musk who’s social media posts have had a major effect on crypto markets in…

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