Tag: bitcoin policy

Jul 26 2022

U.S. Senators Introduce Bill For Tax Exemption On Small Bitcoin Transactions

The bill would provide tax exemption on bitcoin transactions for less than $50 or trades netting a gain of less than $50.The Virtual Currency Tax Fairness Act seeks to provide tax exemption for transactions up to $50 or trades which net a capital gain of less than $50.Senators Patrick Toomey and Krysten Sinema will introduce the bill today. A House bill...

Apr 08 2022

Bitcoin Advocacy Project Announces Super PAC To Propel U.S. To Hyperbitcoinization

The Bitcoin Advocacy Project, Bitcoin Policy Institute and Financial Freedom PAC offer a three-pronged approach to favorable Bitcoin policy in America.Director of Policy and Public Affairs at Bitcoin Magazine, Grant McCarty, announced the launch of a multi-faceted political effort today on the main stage of Bitcoin 2022. These efforts include the Bitcoin...

Bitcoin Advocacy Project Announces Super PAC To Propel U.S. To Hyperbitcoinization

The Bitcoin Advocacy Project, Bitcoin Policy Institute and Financial Freedom PAC offer a three-pronged approach to favorable Bitcoin policy in America.Director Of Policy And Public Affairs at Bitcoin Magazine Grant McCarty announced the launch of a multi-faceted political effort today on the main stage of Bitcoin 2022. These efforts include the...

Apr 06 2022

Kevin O’Leary Sees Regulation, 'Spigots Of Capital' Coming To Bitcoin

Mr. Wonderful takes the main stage at Bitcoin 2022 to talk about Bitcoin regulation and its benefits to bringing institutions into the space.Kevin O’Leary is a well-known businessman and entrepreneur, who is particularly famous for his role on “Shark Tank.” In 2019, he was quoted in an interview with CNBC saying that...

Mar 09 2022

Biden Signs Bitcoin Executive Order, Taps ‘Urgent’ CBDC Development

The order focuses on a collaborative government agency effort towards ‘urgent’ CBDC development and Bitcoin and cryptocurrency regulation.Central bank digital currency (CBDC) research and development is a matter of “urgency” to the U.S., according to President Joe Biden’s Wednesday executive order. Regulatory agencies will work in a “whole-of-government” approach to combat illicit use of...

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