According to co-founder of PayPal David Sachs, in the near future we should expect big companies and authorities to form a list of so called "prohibited purchases" "No-Buy" for users and companies that have questions.
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The U.S. Senate continues to debate a bill that would allow the White House to get $1.5 trillion to build and rebuild infrastructure. Some of these funds will come from new taxes, particularly the cryptocurrency market should bring in $28 billion in additional fees.
Taxation of cryptocurrency transactions is a problem that is being addressed around the world. Since the World Bank and the financial regulator SEC do not have a unified vision for digital money, each country solves this problem individually, at its own discretion.
The administration of US President Joe Biden is opposed to proposals to exclude certain types of cryptocurrency businesses from a bipartisan plan to finance infrastructure spending. This is reported by The Washington Post, citing its own sources.
The infrastructure bill proposed by the White House administration has sparked fierce debate in the Senate. Republicans don't want the President's ideas to become a reality and demand a change in funding.
According to Reuters, the U.S. Senate held an interim vote on a bill that would allocate $1.2 trillion to fund infrastructure projects. Part of these funds will be obtained through an increase in tax collections, in particular from the cryptocurrency market, congressmen plan to collect an additional $28 billion.
American cryptocurrency exchange Coinbase today announced the expansion of payment options for its users.
Bitcoin introduced to the world a whole new set of blockchain-based financial applications. CeFi (centralized finance) has been around since the advent of the flagship cryptocurrency.
Uphold and GlobaliD are launching a Ripple XRP cashback card via Mastercard.
Federal Reserve Governor Christopher Waller said he's "very skeptical" of the need for the U.S. central bank to develop a digital currency.
In our last article, we talked about cryptocurrency taxation in Europe. Today we will talk about Asian countries.
The startup became the 8th crypto company to be registered by the government.
The Central Bank of Venezuela announced its intention to issue a digital bolivar as early as October 1.
