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“# Miami mayor says city employees should be able to take their salaries in Bitcoin ” Miami city employees could soon choose to get their salaries paid in Bitcoin rather than USD. In an interview with Forbes, Mayor Francis Suarez said tangible paths to expand Bitcoin’s adoption throughout the city included enabling city employee salaries…
“# Ripple CEO answers 5 key questions about the SEC lawsuit ” Ripple CEO Brad Garlinghouse has revealed the firm unsuccessfully attempted to settle its securities violation lawsuit with the SEC, and slammed the “regulatory chaos” around cryptocurrencies. I’m not going to litigate the SEC’s unproven allegations on Twitter, and as you can imagine, there…
“# IRS tax form question leaves US crypto users confused and concerned ” Crypto users in the U.S. have taken to Twitter to express their confusion and frustration over the wording of a question about virtual currencies on this year’s tax return form. On Dec. 11, the IRS published a new Form 1040 return for…
“# Venezuela ramps up Bitcoin payments for imports from Iran and Turkey ” According to an investigative report from RunRun.es, Venezuela intends to increase its use of Bitcoin to pay for imports to bypass financial sanctions imposed by the United States. RunRun.es, which was founded by Venezuelan investigative journalist Nelson Bocaranda, cited anonymous sources from…
“# The SEC collected $1.26 billion from unregistered ICOs in 2020 ” The Enforcement Division of the U.S. Securities and Exchange Commission (SEC) has collected more than $4.68 billion in illegal income and fines this year so far — with more than one quarter coming from Telegram’s ill-fated Gram’s token sale alone. In total around…
“# Visa’s foray into fintech provokes DoJ antitrust investigation ” The U.S. Department of Justice, or DoJ, recently publicized an investigation into Visa’s ongoing acquisition of fintech company Plaid. “Today, the Department of Justice filed a petition in the U.S. District Court for the District of Massachusetts to enforce Bain & Company’s compliance with the…
“# Brock Pierce: True decentralization is a way off ” U.S. presidential candidate Brock Pierce believes true decentralization, in its purest form, does not exist today, and is not practical in the near future. He told Celsius founder and CEO Alex Mashinsky in an hour-long #MOIP interview released earlier today that while DeFi, is headed towards…