New House Financial Services Committee chair wants to delay crypto tax changes

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New House Financial Services Committee chair wants to delay crypto tax changes

By support on Friday, December 16th, 2022 | No Comments

U.S. Republican Representative Patrick McHenry called for clarification on a “poorly” written digital asset tax provision in a letter to the Treasury. Cointelegraph.com News

House memo details Congress’ priorities ahead of crypto CEO hearing

By support on Wednesday, December 8th, 2021 | No Comments

The hearing on digital assets will involve discussions around four key aspects: crypto exchanges, stablecoin offerings, regulatory concerns in digital assets and federal regulatory responses. Cointelegraph.com News

Fed chair met with Coinbase CEO Brian Armstrong and former House speaker in May

By support on Saturday, July 3rd, 2021 | No Comments

Armstrong said he had spoken about China’s central bank digital currency with lawmakers and heads of federal agencies, believing it to be “a threat to U.S. reserve currency status long term.” Cointelegraph.com News

From mom’s house to warehouse: Bitcoin mining is going industrial

By support on Saturday, December 12th, 2020 | No Comments

As the cryptocurrency industry continues to grow, so does mining. But there’s a new trend developing now that has only recently emerged. Cointelegraph.com News