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“# Georgia lawmakers consider giving crypto miners tax exemptions in new bill ” Five members of the Georgia House of Representatives have introduced a bill that would exempt local crypto miners from paying sales and use tax. On Monday, Georgia Representatives Don Parsons, Todd Jones, Katie Dempsey, Heath Clark, and Kasey Carpenter introduced HB 1342,…
“# Fed’s Lael Brainard hints at US playing a lead role in development of CBDCs ” Lael Brainard, a member of the Federal Reserve’s Board of Governors, encouraged the United States to be a leader in research and policy regarding central bank digital currencies, or CBDCs, due to potential international developments. In remarks prepared for…
“# Fed senior officials will soon not be allowed to trade crypto, stocks and bonds ” The Federal Open Market Committee, or FOMC, has approved rules that would ban senior officials at the Federal Reserve from purchasing and holding cryptocurrencies and other investments. In a Friday announcement, the FOMC said that starting on May 1,…
“# $53 million raised for Assange showed the power of DAOs ” “DAOs are very powerful token-based coordination mechanism that any person now can wield outside of the legacy financial system”, said Silke Noa, core-member of the AssangeDAO, which recently raised $53 million in support of Wikileak’s founder, Julian Assange. According to Noa, the fundraising campaign…
“# Wyoming lawmakers introduce legislation for state-issued stablecoin ” Four members of the Wyoming Legislature have sponsored a bill that would allow the state treasurer to issue a stablecoin. On Thursday, Wyoming state Senators Chris Rothfuss and Tara Nethercott with House Representatives Jared Olsen and Mike Yin introduced Senate File SF0106, titled the “Wyoming Stable…
“# Biden expected to issue executive order on crypto and CBDCs next week: Report ” The White House will reportedly be issuing an executive order as early as next week directing government agencies to study different aspects of the digital asset space with the goal of creating a comprehensive regulatory framework. In a Thursday report…
“# SEC chair hints at no spot Bitcoin ETFs yet, but cites ‘careful consideration’ for future ” Gary Gensler, chair of the U.S. Securities and Exchange Commission, has responded to a letter from lawmakers calling the regulator denying approval of Bitcoin spot exchange-traded funds “unacceptable.” In a Tuesday letter from Gensler addressed to Minnesota Representative…
“# FBI is launching team to address crypto exploitation: US Deputy Attorney General ” U.S. Deputy Attorney General Lisa Monaco has announced that the Federal Bureau of Investigation will be increasing efforts to address enforcement in the digital asset space with the formation of a new team. Speaking at the Munich Cyber Security Conference on…
“# Colorado governor says he expects state to accept tax payments in crypto by summer ” Jared Polis, the governor of Colorado, has announced that the state government plans to allow residents to pay taxes in cryptocurrencies as early as summer 2022. In a Tuesday CNBC interview, Polis said crypto holders in Colorado could have…
“# Binance.US is under investigation from SEC over trading affiliates: Report ” The U.S. Securities and Exchange Commission has reportedly launched a probe into major crypto exchange Binance’s U.S. arm regarding trading firms connected to Binance CEO Changpeng Zhao. According to a Tuesday report from the Wall Street Journal, the SEC is looking into the…