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Crypto Advocate Rep. Torres Urges CFTC for Election Market Regulation After Setback
In the ever-evolving realm of digital assets and blockchain technologies, the intersection with regulatory bodies like the U.S. Commodity Futures Trading Commission (CFTC) has become a focal point of discussion. Recently, crypto-friendly Rep. Ritchie Torres has urged the CFTC to pivot its attention towards regulating election markets in response to a court decision that halted…
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Rep. Hill Suggests Trump Could Back FIT21 Crypto Regulation Bill
The Next Wave of Digital Asset Regulation: A Bright Future Ahead? In a revealing conversation on CNBC, U.S. Representative French Hill shed light on what could become a pivotal moment for the digital asset space in the United States. With the country poised on the cusp of potentially electing Donald Trump once more, there’s a…
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Rep. Matt Gaetz Introduces Bill for Bitcoin Tax Payment Option
The Future of Tax Payments: Embracing Bitcoin for Federal Income Taxes In a world where digital currencies are becoming more mainstream, an intriguing proposal has emerged from a Republican Congressman that might revolutionize how we think about paying our federal income taxes. The idea is simple yet groundbreaking: allowing Americans to use Bitcoin to settle…
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Rep. Gaetz Proposes Bill for Federal Tax Payments in Bitcoin
Embracing the Future: The Proposed Shift to Bitcoin Tax Payments In a groundbreaking move that charts a new course for the intersection of digital currency and government finance, a bill has been introduced that sets the stage for Americans to pay their federal income taxes with Bitcoin. The introduction of this bill is not just…