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“# Mayoral candidate pledges to make NYC ‘most cryptocurrency-friendly city in the nation’ ” Curtis Sliwa, a beret-wearing Republican running to be the mayor of New York City, said one of the goals of his campaign is to focus on crypto. In a Wednesday tweet, Sliwa said he would be focusing on creating greater financial…
“# Treasury attempts to squeeze further crypto-related data sharing provisions in budget bill: Roll Call ” U.S. Department of the Treasury will reportedly push to extend the reach of new rules designed to govern the cryptocurrency space. Closely following the infrastructure package freighted with last-minute crypto taxation provisions is the upcoming budget reconciliation bill that…
“# Retirees in El Salvador protest against Bitcoin adoption ” Amid El Salvador preparing to officially enforce the country’s Bitcoin (BTC) law in early September, Salvadorans took to the streets to protest over the adoption of BTC as an official currency. El Salvador’s anti-Bitcoiners have expressed discontent regarding the government’s plans to adopt Bitcoin as…
“# County Treasurer in Illinois accepts crypto donation in reelection bid ” Holly Kim, a treasurer in Lake County, Illinois, has reportedly become the first political candidate in the state to accept crypto campaign donations. According to the Chicago Tribune on Wednesday, Kim recently received a $3 Litecoin (LTC) donation from Mark Tan, founder of…
“# Infrastructure bill set for a vote by Sept. 27 with no changes to crypto tax provisions ” The controversial $1 trillion infrastructure bill will see a vote in the U.S. House of Representatives without any amendments to the crypto tax provisions by Sept. 27. The vote was agreed to after the House narrowly approved…
“# Treasury Dept. wants to ‘capture DeFi’ with infrastructure bill: Jake Chervinsky ” The last-minute cryptocurrency provisions added to the U.S. infrastructure bill sought to “capture DeFi,” argues Compound’s general counsel Jake Chervinsky. Appearing on the Bankless State of the Network podcast on August 17, Chervinsky — who is also DeFi Chair of the Blockchain…
“#Fact-checking the fact-checkers: ‘Pants on Fire’ partisans” Snopes.com describes itself as the “definitive fact-checking site,” yet turns out to be a big source of misinformation: Its cofounder has written dozens of plagiarized pieces — many of them attacks on Republican politicos. It’s just the latest example of “fact-checking” serving as a cover for partisan, left-wing opinion….
“#Andrew Cuomo’s fall is a reminder NEVER to idolize politicians” The psalmist warned us: “Put not your trust in princes, nor in the son of a man, in whom there is no help.” This bit of immortal wisdom from three millennia ago might be of help today as we seek to understand the fall of…
“#Texas House Speaker Dade Phelan signs warrants for Dems who fled Austin” A leading Texas lawmaker signed arrest warrants for the 52 Democrats who fled Austin to avoid voting on a controversial GOP election reform bill they claim would infringe the abilities of minorities to cast ballots. House Speaker Dade Phelan signed the warrants late…
“#From Andrew Cuomo to Anthony Weiner” With his resignation announcement on Tuesday, Gov. Andrew Cuomo joins a club of scandal-scarred New York politicians that is neither small nor exclusive. The Democrat said he will step down on Aug. 24 — with more than a year left in his third term — amid threat of impeachment…