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“# Novogratz predicts young people will buy Bitcoin with their stimulus checks ” Amid a long battle over whether or not United States citizens will get their $2,000 stimulus checks to help them to weather the economic repercussions of the COVID-19 pandemic, Mike Novogratz has weighed in on what the news could mean for the…
“# US crypto firms invest in tax solutions as IRS updates reporting forms ” United States regulators are continuing to fine-tune their tax reporting requirements for cryptocurrency users. A second draft of Form 1040 from the Internal Revenue Service for the 2020 tax season published online suggests that the agency will now require anyone who was…
“# ‘Two cops on the beat’: Regulator wants sole authority to charter fintech firms ” Brian Brooks, the acting head of the U.S. Office of the Comptroller of the Currency and former chief legal officer to Coinbase, has warned against the Consumer Financial Protection Bureau receiving the right to grant “Fintech Charters.” Earlier this week,…
“#The posterboys of American authoritarianism” Marie-Danielle Smith: Look at the faces in the mob, those merch-wearing zealots, attacking the U.S. Capitol as if rushing the stage at a rock concert Anarchy was a man wearing face paint and a fur headdress with black buffalo horns. A tattooed chest-thumper with an American flag in one hand…
“#Trump is responsible for this day of infamy in America: Goodwin” The late Senator Daniel Patrick Moynihan, a man wise in many ways, observed that a “bullet has no friends once it leaves the gun.” If only President Trump had thought of that before setting in motion the disaster that befell the nation. The storming…
“#So when do we start promoting democracy?” Paul Wells: If the sacking of a capital by forces loyal to a failed autocrat was happening in any other country it’s hard to imagine Canadian officials would stay this quiet As a mob of idiots descended on the capitol building of the country that sometimes likes to…
“# FinCEN’s wallet rule is open for another day of comments because ‘government officials can’t count to 15’ ” The United States Treasury Department may have accidentally widened the window of opportunity for anyone wishing to submit comments regarding the Financial Crimes Enforcement Network’s new crypto rules. Last month, the Financial Crimes Enforcement Network, or…
“# Blockchain.com follows other exchanges in delisting XRP ” Popular wallet provider and crypto trading platform Blockchain.com has announced it will be delisting XRP and suspending its trading next week, following in the steps of Coinbase, Binance.US, OKCoin and others. Although, as of press time on Jan. 6, Blockchain.com’s information on supported crypto assets continues…
“# Dem candidate beats former Bakkt CEO Kelly Loeffler in tight senate race ” Senator Kelly Loeffler, formerly the CEO of Bitcoin (BTC) futures exchange Bakkt, will not be returning to Washington, at least not as a legislator. According to AP News on Jan. 6, Democratic candidate Raphael Warnock has won one of the tightly…
“# XRP sinks below LTC again after new lawsuit from major investor ” XRP has once again lost its place as the fourth-largest cryptocurrency, with lawsuits mounting against Ripple after one of its major investors followed the SEC in filing a complaint against the project. According to a Jan. 6 report from Bloomberg, Tetragon, one…