El Salvador purchases first 200 BTC, President Bukele confirms

El Salvador president Nayib Bukele confirmed Monday that his government has purchased its first 200 Bitcoin (BTC) ahead of the Sept. 7 rollout of a new law set to make the cryptocurrency... Read more »

SEC Official: Crypto Scams Now Favored Crime Tool

The popularity of cryptocurrency has come with an unfortunate side effect: a corresponding rise in the number of scams involving crypto. Such crimes have become the “flavor of the year,” as Peter... Read more »

Senate infrastructure bill isn’t perfect, but could the intention be right?

United States Senators have cast their votes, and the contentious HR 3684 infrastructure bill cleared in the upper Congress chamber. Now, the gigantic document of over 2,700 pages and amounting to almost... Read more »

Bitcoin can’t be viewed as an untraceable ‘crime coin’ anymore

Cryptocurrency is a new technology that has entered the common discourse, setting the stage for a complete upheaval of our long-established financial systems. Of course, some skepticism is unavoidable. Crypto’s association with... Read more »

Three US Senators propose narrowing crypto tax language in infrastructure bill

Lawmakers have written an amendment to an infrastructure bill in the U.S. Senate which proposes excluding certain crypto companies from the reporting requirements for brokers. In an amendment from Oregon Senator Ron... Read more »

Top Senator Slams Infrastructure Bill Crypto Tax Draft

Key Takeaways Senator Pat Toomey has said that Congress should be careful about passing the proposed U.S. infrastructure bill. He argued that the crypto provision within the bill should be amended as... Read more »

Congress Fears DeFi “Financial 9/11”: U.S. Legislator

Key Takeaways In an interaction with Chris Cameron of MakerDAO, U.S. legislator Ted Budd discussed stablecoin regulation. Budd said that some U.S. legislators in Congress think stablecoins pose a great threat to... Read more »