Senate

U.S. senators voted along party lines to support a $3.5 trillion blueprint for President Joe Biden’s agenda. This includes the $1 trillion infrastructure bill that passed Tuesday, which included contentious tax reporting provisions on the crypto community.

11 août 2021

Crypto Trader Scott Melker discusses his bullish outlook for bitcoin as it climbs 20% over the past week, despite some claiming the U.S. Senate's $1 trillion infrastructure bill could be bearish for the crypto markets. "Well, [the] price hasn't reacted bearishly," Melker said. "Bitcoin's going to seven figures. It's going to be a multi-million dollar figure."

10 août 2021

Tanya Woods, General Counsel at North American mining giant Hut 8, discusses how the U.S. Senate’s $1 trillion bipartisan infrastructure bill could affect Hut 8, which operates exclusively in Canada, and how it could inform the outlook for crypto regulation in the Great White North.

10 août 2021

After months of negotiations, the U.S. Senate voted Tuesday to approve the $1 trillion bipartisan infrastructure bill without any crypto amendment. The legislative body will now send the original provision to the House of Representatives, where a resolution is to be motioned once members return from their recess in the fall.

10 août 2021

Marchés

Naglalaman ang panukalang batas ng malawak na kahulugan ng "broker" para sa mga kinakailangan sa pag-uulat ng buwis sa Crypto na hinahangad na baguhin ng mga mambabatas at tagapagtaguyod ng industriya noong nakaraang linggo.

Par Nikhilesh De10 août 2021

Jeff Horowitz, Chief Compliance Officer of crypto custodian BitGo, digs into the U.S. Senate's $1 trillion infrastructure bill and what it could mean for his business. "I don't see it as a day one issue for us, but as we've seen this week, really broad and narrowly defined definitions could mean a lot," Horowitz said. "To put a bill out there and figure out later is not the best way to go about sensible regulation." Plus, his insights into why the U.S. government has given a contract to Anchorage Digital over BitGo and broader crypto adoption for the institutional markets.

10 août 2021

Perianne Boring, founder and president of lobbying group Chamber of Digital Commerce, discusses the details, reactions, and potential impacts of the Senate’s rejection of a compromise crypto tax amendment in the $1 trillion infrastructure bill. “About 2% of legislation ever introduced actually becomes law,” Boring said.

10 août 2021

After a vote Monday, U.S. Sen. Richard Shelby (R-Ala.) filed an objection to the bipartisan compromise on a crypto tax provision in its $1 trillion infrastructure bill. The Senate is now poised to pass the version without the crypto amendment. Next, it's expected to send the bill to the House of Representatives, which prepares to take it up later this year. CoinDesk's Global Policy & Regulation Managing Editor Nikhilesh De discusses what happened during the 11th-hour debate on the crypto amendment and the implications for crypto.

10 août 2021

Juridique

Matapos ang lahat ng drama ng nakaraang linggo, ang industriya ay tama kung saan ito ay walong araw na ang nakalipas.

Par Nikhilesh De10 août 2021

VictoryShares and Solutions President Mannik S. Dhillon discusses his assessment of bitcoin jumping to a three-month high of $46,000 and whether this price rally is likely to sustain, despite some saying the U.S. Senate's $1 trillion infrastructure bill could have disastrous implications for the crypto industry if formally introduced as is. "Bitcoin getting the attention of lawmakers is a great thing for the asset class," Dhillon said.

9 août 2021