The Inland Revenue Department (IRD), of New Zealand, has made it legal for its residents to receive salaries in cryptocurrency, and be taxed accordingly.
The Securities and Exchange Commission seemingly try to legitimize the industry, their decisions sometimes seem to indicate otherwise. In a new post, the agency is looking to run full network nodes for multiple cryptocurrencies. Some interesting projects are on this list, although the bigger goal remains rather unclear.
Here is a speculative translation of what Donald Trump’s could have meant if Twitter allowed more characters. A personal opinion and not financial advise.
The Chairman of the USA Fed Reserve has said that a globally adopted cryptocurrency system could conceivably remove the need for reserve currencies.
US Lawmakers Call to Freeze Facebook’s Centralized Digital Identity/Blockchain/Cryptocurrency ‘Libra’ Project
U.S. lawmakers are formally calling on Facebook to cease all development of its Libra cryptocurrency in a new letter sent to executives at the social media giant. Democrats from the U.S. House of Representatives wrote an open letter to Facebook Tuesday, calling on a moratorium to all libra development while the Financial Services Committee and…
Nevada passed regulatory sandbox legislation aimed at continuing and expanding blockchain investment and entrepreneurism in the state. Governor Steve Sisolak signed the “blockchain bills” on June 7 and 13.
Cryptocurrency prime dealer SFOX is partnering with M.Y. Safra Bank of New York to offer traders and investors deposit accounts backed by the Federal Deposit Insurance Corp. (FDIC).
California Bill Would Legalize Cryptocurrency for Tax Payments via Cannabis/Marijuana-Related Businesses
Lawmakers in the United States state of California have introduced a bill to allow cannabis-related business to pay fees and taxes in cryptocurrency stablecoins. The bill was introduced by the California State Assembly on Feb. 21.
The Commissioner of the United States Food and Drug Administration (FDA) has suggested the use of blockchain for an open pilot scheme for the pharmaceuticals industry.