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Biden Administration Pushing for Foreign Tax Reporting in Reconciliation Budget Bill
By / September 1, 2021

The Biden White House wants a crypto version of the G20’s ‘Common Reporting Standard’ in order to sniff out tax dodgers in the crypto world

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Bitcoin and Ether Maintain Upward Trend: Markets Wrap
By / August 11, 2021

Altcoins like Cardano and XRP made significant gains on Wednesday, hiking 16.71% and 18.85% as of 4:00 pm ET.

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Crypto Prices Steady After DeFi Hack: Markets Wrap
By / August 10, 2021

Ethereum and bitcoin shed just 1.5% and 2% on the news, and made small gains later in the day.

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Senate Fails to Amend Crypto Tax Provision in Infrastructure Bill
By / August 9, 2021

Inclusion of new language narrowing definition of a crypto broker does not pass ‘unanimous consent’ procedure.

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Cryptos Up Despite Prospect of Broad Taxation: Markets Wrap
By / August 9, 2021

Bitcoin traded above its 200-day moving average line despite efforts to change broad industry taxation language in the infrastructure bill.

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Senators Compromise on Crypto Tax Provision; Bull Run Continues
By / August 9, 2021

Despite regulatory scrutiny in the Senate, the recent bull run continues for bitcoin and ethereum.

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Infrastructure Bill Advances in Senate, Crypto Amendments Await Vote
By / August 7, 2021

A $1 trillion bipartisan infrastructure bill has moved closer to passing, but senators still need to address two competing cryptocurrency-related amendments that seek to clarify tax reporting requirements.

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Blockchain Innovation is Moving Faster than Policy-Making
By / August 6, 2021

Media reports say Treasury Secretary Janet Yellen is one of the loudest voices against an amendment to the infrastructure bill which would remove problematic language requiring cryptocurrency tax reporting.

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US Crypto Tax Crackdown in Congress’ Crosshairs
By / August 6, 2021

The White House comes out in support of the original provision which requires digital asset brokers to disclose investors’ gains earned from cryptocurrency. Senate to vote as early as Saturday, August 7.

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Podcast: Senator Lummis on Why the Infrastructure Bill Kills Innovation
By / August 5, 2021

Jason and Senator Lummis talk bout the proposed infrastructure bill and the impact it could have on bitcoin and innovation at-large.

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