Former House speaker warns partisan gridlock could derail Trump’s crypto plans
Paul Ryan served as speaker for the House of Representatives prior to Nancy Pelosi.
Paul Ryan served as speaker for the House of Representatives prior to Nancy Pelosi.
The role would be the first-ever crypto-specific White House role and may report directly to Trump, Bloomberg reported.
Wang was the final FTX executive awaiting sentencing over the 2022 exchange collapse and subsequent fraud charges.
If approved, the restrictions would seriously affect Russia’s crypto mining operations, as some key local industry firms have a heavy presence in regions like Irkutsk.
Proposed changes include taxing cryptocurrency at a 20% flat rate instead of the current variable ‘miscellaneous income’ rate.
South Korea’s Democratic Party said increasing the tax threshold to 50 million won ($36,000) would mean only big players will be affected.
Cyberport’s rapid growth includes over 270 Web3 enterprises and initiatives for real-world blockchain applications in Hong Kong.
Shanghai Judge Sun Jie calls virtual currency a commodity with property attributes in a commentary on a 2017 business dispute.
The Coin Center lawsuit, first filed in 2022, noted that one plaintiff used Tornado Cash to protect his identity while donating money.
Martin Gruenberg is set to exit as FDIC chair, with Representative Tom Emmer blasting him as “an architect of Operation Chokepoint 2.0.”