As a former U.S. regulator, Massad believes that a balance must be found between user privacy and the government’s ability to monitor for illicit activity when it comes to digital assets.
While Myanmar’s authoritarian military government is preventing humanitarian aid from reaching the surviving victims of a recent earthquake in the country, your bitcoin donation can help those in need on the ground.
On Tuesday, Rep. Keith Ammon addressed a New Hampshire House Ways and Means Committee on House Bill (HB) 302, which would permit the state’s treasurer to invest in bitcoin.
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Texas House Bill (H.B.) 4258 authorizes the state’s comptroller to invest funds from the state’s Economic Stabilization Fund, often considered its “Rainy Day Fund”, into bitcoin and/or other cryptocurrencies.
A bill introduced to the Rhode Island Senate would enable the state’s residents to spend or sell just under $1,000 in bitcoin 10 times per month without incurring state capital gains taxes.
A new bill submitted to South Carolina’s House of Representatives enables the State Treasurer to build a “Strategic Digital Assets Reserve”, which can include up to one million bitcoin.
Congressman Gabe Amo (D-RI) and Congresswoman Young Kim (R-CA) believe that blockchains can help protect democratic values, citing evidence of the Bitcoin blockchain being used to safeguard election results.
For years, Congressman Ro Khanna (D-CA) has been one of the few Democratic politicians in the U.S. government who's been a vocal proponent of Bitcoin, but now he says that more Democratic elected officials as well as prominent voices in the party are coming to support his stance.
Certain Democrats have made the case that the U.S. federal government should follow New York State’s lead when it comes to Bitcoin and crypto regulation. This is a terrible idea.
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