USA | ForkLog - Part 146

ForkLog 20 08.08.2021

Jack Dorsey joins criticism of US plan for expanded crypto taxation

Jack Dorsey has criticised the plan for expanded cryptocurrency taxation in the United States and proposed his own approach to solving the problem. According to the Twitter chief, the bill as currently drafted runs counter to the development of innovation in the United States.

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ForkLog 40 07.08.2021

Brian Brooks resigns as Binance US chief executive after three months

The CEO of Binance US resigned after three months in office.

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ForkLog 19 07.08.2021

Elon Musk joins criticism of the expanded US cryptocurrency tax plan

Industry representatives opposed the expanded US cryptocurrency tax plan, notably criticising the Portman–Warner–Sinema amendment.

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ForkLog 16 06.08.2021

Media: U.S. Treasury lobbies for crypto-industry unfriendly provisions in the bill

The administration of U.S. President Joe Biden opposes proposals to exclude certain types of crypto businesses from the bipartisan infrastructure funding plan. The Washington Post reports, citing its own sources.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 16 06.08.2021

DeFi project founders to pay over $12 million to settle SEC dispute

The founders of the DeFi Money Market project have settled their dispute with the U.S. Securities and Exchange Commission. Gregory Kif and Derek Akri agreed to pay investors more than $12 million and to pay fines of $125,000 each.

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ForkLog 23 06.08.2021

SEC chair calls for dialogue with Bitcoin exchanges

As new technologies advance, the SEC’s role remains unchanged — the agency must protect both retail and institutional investors from fraud and manipulation, including in the markets for digital assets. This was stated by the regulator's head, Gary Gensler.

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ForkLog 19 06.08.2021

Co-author of U.S. plan for expanded cryptocurrency taxation backs amendments to bill

U.S. Senator from Ohio Rob Portman backed the amendments proposed by colleagues that would carve out certain types of cryptocurrency business from the bipartisan infrastructure funding plan.

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ForkLog 10 05.08.2021

Former CFTC chief questions SEC authority to regulate cryptocurrencies

The Commodity Futures Trading Commission (CFTC) is the only regulator authorised to oversee Bitcoin and other cryptocurrencies. This is the view of its former chairman, Christopher Giancarlo.

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ForkLog 24 05.08.2021

Invesco files to launch Bitcoin ETF; expert surprised by the circumstances

One of the largest American investment firms, Invesco, filed an application to create an exchange-traded fund (ETF) based on a Bitcoin strategy. Bloomberg ETF senior analyst Eric Balchunas noted the circumstances were unusual.

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ForkLog 22 05.08.2021

Coinbase and Gemini back Onramp Invest in $6 million seed round

Onramp Invest, the investment platform, raised $6 million in a seed funding round with the participation of Coinbase Ventures, the Gemini Frontier Fund.

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ForkLog 20 05.08.2021

US lawmakers propose amendments to bipartisan plan for expanded cryptocurrency taxation

A group of senators Ron Wyden, Cynthia Lummis and Pat Toomey proposed exempting miners, node operators, software developers and other non-custodial participants from the bipartisan plan to fund infrastructure spending.

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ForkLog 13 04.08.2021

Mike Novogratz accuses US politicians of misunderstanding cryptocurrencies

American policymakers and officials have not done enough to understand cryptocurrency technology, and they are hindering innovation in the financial sector. Galaxy Digital CEO Mike Novogratz said.

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