What The Sanctioning Of Tornado Cash Means For Bitcoin
What Ethereum’s Tornado Cash protocol being blacklisted by the government means for Bitcoin, and how to read the consumer price index print. This is a transcribed excerpt of the “Bitcoin…
New York’s Proof-Of-Work Ban Violates Bitcoin Miners’ Right To Free Speech
Supreme Court precedent shows that New York’s moratorium on proof-of-work mining violates Bitcoin miners’ First Amendment rights. This is an opinion editorial by Aaron Daniel, an appellate attorney and author…
Senate Bill Classifying Bitcoin As A Digital Commodity To Be Introduced Today: Report
The bill seeks to empower the CFTC to regulate bitcoin as a digital commodity while excluding securities from also falling under the same category. A new bill classifying bitcoin as…
Is Bitcoin A New Type Of Property?
Bitcoin may eventually be labeled as a brand new type of property in the U.S. and U.K. because it doesn’t physically exist in any one specific location. The below is…
U.S. Senators Condemn Fidelity Investments’ Bitcoin 401(k) In Open Letter
Three senators chastised Fidelity for offering a bitcoin 401(k) option claiming it is too volatile and untested to be used as a retirement savings tool. U.S. Senators wrote an open…
Rio De Janeiro Moves Forward With Bitcoin Integration
The secretary of finance and planning commented on the city’s plans to put a percentage of the treasury into bitcoin. Brazil has tax breaks for bitcoin miners. This is an…
U.S. Senators Introduce Bill For Tax Exemption On Small Bitcoin Transactions
The bill would provide tax exemption on bitcoin transactions for less than $50 or trades netting a gain of less than $50. The Virtual Currency Tax Fairness Act seeks to…
Now That Bitcoin Is Considered Property In The UK, Reclaiming Ransomed Assets Sent To Exchanges Is Much Easier
While bitcoin itself is difficult to confiscate or censor, U.K. courts have labeled bitcoin as property which aids in recovery when scammers try to cash out. This is an opinion…
Justice Department Arrests Former Coinbase Manager For Insider Trading
The former Coinbase employee and his brother have been arrested for insider trading at least 25 cryptocurrencies, but another defendant is still at large. The Justice Department has arrested a…
How Will Bitcoiners Regulate The Regulators?
Bitcoiners who are optimistic about Senate cryptocurrency legislation should remain skeptical of the legislators who want to regulate the industry. This is an opinion editorial by Niklas Kleinworth, a research…