US Congressmen Want to Include Cryptos in Cybersecurity Law
Senators Cynthia Lummis and Marsha Blackburn have drafted amendments to the Cybersecurity Act of 2015 and have proposed to include cryptocurrency.
Senators Cynthia Lummis and Marsha Blackburn have drafted amendments to the Cybersecurity Act of 2015 and have proposed to include cryptocurrency.
Jerome Powell, head of the The Fed, has said that the regulator has not yet made a decision to launch a CBDC in the US.
The US Securities and Exchange Commission (SEC) has clearly demonstrated it intends to “damage or destroy the cryptocurrency industry in the United States.”
The US Internal Revenue Service (IRS) will send out invitations to appear at the department to users who do not report and do not pay tax on crypto transactions.
The Colorado Department of Revenue has allowed the state residents to make tax payments in cryptocurrencies.
China’s efforts to work on a digital yuan could negatively impact the US economy.
The SEC and Ripple Labs have just filed motions for a summary judgment in the case of possible violation of the Securities Act.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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