Browsing Tag bitcoin
“Forcing reporting rules on Americans who develop software and hardware, who mine and secure the network, or who run nodes to build resilience and efficiencies, is an impossible ask that will only drive development and operation of this critical technology outside the US.”
Tweets: @tedcruz, @brian_armstrong, @elonmusk, @RoKhanna, @SenToomey
Gemini Crypto Exchange Co-Founder Winklevoss Takes to Twitter to Lobby Senate to Protect Miners, Developers
“Imposing crypto tax reporting obligations on software developers, node operators, miners, and others, who cannot comply with them, may very well push them to leave the United States for other jurisdictions. This is obviously bad for America.”
Tweets: @cameron, @SenToomey, @RoKhanna, @BarrySilbert
Supporters of the crypto industry in the U.S. Senate filed an amendment to the bipartisan infrastructure bill to make clear that miners and providers of crypto services would not be required to follow new tax-reporting rules on crypto brokers.
Tweets: @lingmann, @VerrocchioNow, @OrdinaryBitcoin
Gen Z and younger Gen Alpha travelers will drive crypto acceptance going forward, say industry players.
“It begins with Bitcoin,” an anonymous insider said in describing Amazon’s intent to enter the cryptocurrency payments arena.