USA | ForkLog - Part 115

ForkLog 9 04.04.2022

Survey: One in Five Americans Has Used Cryptocurrency

Twenty-one percent of Americans have spent, traded, or invested in digital assets at least once, NBC News reported the results of a poll of 1,000 respondents; CNBC reports.

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ForkLog 23 29.03.2022

US Treasury proposes extending foreign-account reporting to crypto assets above $50,000

The US Treasury has proposed extending to cryptocurrencies the requirement to report to the Internal Revenue Service the existence of overseas accounts with assets above $50,000.

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ForkLog 16 29.03.2022

White House forecasts an additional $11 billion in crypto tax revenues

The US budget is set to receive an additional $11 billion through 2032 as a result of expanded reporting requirements for digital assets. These calculations are in the proposal.

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ForkLog 12 25.03.2022

Bloomberg Analysts Expect US Spot Bitcoin ETFs to Be Approved by Mid-2023

The U.S. Securities and Exchange Commission (SEC) could approve a spot Bitcoin ETF in mid-2023, according to Bloomberg analysts James Seyffart and Eric Balchunas.

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ForkLog 15 25.03.2022

US Senators Reveal Details of Cryptocurrency Regulation Bill

The bill, designed to bring clarity to cryptocurrency regulation, would grant the CFTC additional powers and incorporate the SEC's definitions of securities. The authors, Senators Cynthia Lummis and Kirsten Gillibrand, told Politico.

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ForkLog 33 25.03.2022

Bloomberg: ExxonMobil involved in Bitcoin mining using flare gas

ExxonMobil is running a pilot project to use flare gas from wells in North Dakota to power Bitcoin mining, Bloomberg reports citing its own sources.

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ForkLog 17 23.03.2022

Florida to add cryptocurrencies to financial literacy plan

Governor Ron DeSantis of Florida signed a law introducing financial-literacy programs in middle schools, including topics related to cryptocurrencies. WFLA reports.

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ForkLog 11 23.03.2022

NFL Allows Teams Limited Sponsorship From Blockchain Companies

The National Football League (NFL) has allowed teams to seek sponsors in the blockchain industry, but kept restrictions on cryptocurrencies. CNBC reported.

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ForkLog 24 22.03.2022

US congressman: mining could bolster the country’s energy independence

The Texas-based US Representative Pete Sessions says bitcoin mining can play a "key role" in ensuring the country's energy independence.

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ForkLog 8 21.03.2022

Minnesota to curb recommendation algorithms to protect children

The Minnesota House of Representatives committee approved a bill banning social networks from targeting content at children under 18. Senate hearings are scheduled for the coming week.

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ForkLog 16 17.03.2022

US Congress voices concern over SEC pressure on crypto industry

Eight members of the U.S. House of Representatives, in a letter to SEC Chair Gary Gensler, pointed to the unwarranted nature of the investigations the commission is conducting into cryptocurrency companies.

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ForkLog 21 17.03.2022

Opinion: American miners will gain market share and bitcoins on their balance sheets

Public mining companies from Canada and the United States are set to grow their combined share of hashrate and the amount of Bitcoin they hold in 2022. Analysts at Arcane Research forecast this.

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