US lawmakers propose adding digital assets to ‘wash sale’ rule and raising capital gains tax

Democrats in the U.S. House of Representatives have proposed tax initiatives to fund a $3.5 trillion spending package which could potentially affect crypto users. According to a document released by the House Committee on Ways and Means on Monday, the proposal would increase the tax rate on long-term capital gains from the existing 20% to… Continue reading US lawmakers propose adding digital assets to ‘wash sale’ rule and raising capital gains tax

Who is Harry Dunn’s alleged killer Anne Sacoolas and where is she now? – The Sun

ANNE SACOOLAS is set to give evidence under oath as part of a civil claim for damages brought by the parents of Harry Dunn. The US diplomat’s wife has been at the centre of a bitter diplomatic row between the US and Britain since the death of the 19-year-old.  Who is Anne Sacoolas?  Ms Sacoolas… Continue reading Who is Harry Dunn’s alleged killer Anne Sacoolas and where is she now? – The Sun

Lauren Boebert leads in 3rd District fundraising for 2022 election

U.S. Rep. Lauren Boebert continues to raise more money than her Democratic challengers as the Republican rabble-rouser and restaurateur seeks a second term in Congress. Boebert’s campaign raised $949,086 between April and June, according to a Federal Election Commission filing Thursday. She has raised more than $2 million for the 2022 election — which is… Continue reading Lauren Boebert leads in 3rd District fundraising for 2022 election

Closing the tax gap through digital asset issuers

Introduction IRS Commissioner Charles Rettig recently commented that the U.S. government is losing as much as $1 trillion in uncollected taxes each year, with digital asset holdings escaping taxation and contributing to a growing tax gap. This article will offer strategies on closing the tax gap via digital assets, focusing on digital asset issuers. To… Continue reading Closing the tax gap through digital asset issuers

Is This the Time to Buy the Dip? On-Chain Metrics Suggest a Big Yes!

After sending shockwaves through the crypto industry when it was once again almost touching the $30,000 mark, Bitcoin gained about 15% in the last 24 hours after it was detected trading above the key milestone of $35000.  On Thursday, Ether, Binance, Dogecoin, Cardano, and XRP all saw gains. Ethereum, the second most popular cryptocurrency, was… Continue reading Is This the Time to Buy the Dip? On-Chain Metrics Suggest a Big Yes!

Universal TV Settles With Axed ‘Law & Order: Organized Crime’ Co-EP Craig Gore

EXECUTIVE: Fired Law & Order: Organized Crime co-executive producer Craig Gore and Universal Television have made a deal behind closed doors Over a year after Chicago P.D. alum Gore was unceremoniously cut loose from his perch at Dick Wolf’s latest spinoff over racially charged social media posts in the days follow the murder of George… Continue reading Universal TV Settles With Axed ‘Law & Order: Organized Crime’ Co-EP Craig Gore

Nebraska passes law on bank digital currency custody services

Lawmakers in Nebraska have passed a law enabling state-chartered banks to offer digital currency custody services, in a move expected to help cement the state’s role as an emerging hub for the digital currency sector. The digital currency-friendly legislation was drawn up with input from digital currency firm Telcoin, and was introduced by Republican Senator… Continue reading Nebraska passes law on bank digital currency custody services

Blood supermoon: Spectacular display wows stargazers around the country

Stargazers nationwideare still buzzing about the spectacular blood supermoon event they were treated to overnight. A clear night sky provided perfect conditions for those who stayed up late to catch the once-in-a-lifetime event, with many capturing the different stages of the Moon in photos. Staff from Otago Museum set up shop at the University of… Continue reading Blood supermoon: Spectacular display wows stargazers around the country

Citi Considering to Launch Crypto Services

Citigroup Inc has become the latest Wall Street giant to show interest in cryptocurrencies as it is considering to launch several digital asset-related services for its client base, according to a report by the Financial Times. The investment bank is planning to introduce cryptocurrency trading, custody, and financing services, Citi’s global head of foreign exchange,… Continue reading Citi Considering to Launch Crypto Services

Biden admin discusses tribes' broader oversight in oil-rich Oklahoma

(Reuters) – The administration of U.S. President Joe Biden is in talks with Oklahoma tribes over whether they should have a bigger say over a range of environmental regulations in much of the eastern half of the oil-rich state that was recognized last year as reservation land by the Supreme Court, officials told Reuters.Slideshow (… Continue reading Biden admin discusses tribes' broader oversight in oil-rich Oklahoma

Bitcoin Cash antitrust suit dismissed with prejudice

The founder of Bitcoin.com Roger Ver, and other high profile crypto figures including Kraken CEO Jesse Powell, have won a motion to dismiss an antitrust suit filed against them alleging market manipulation. The amended complaint was filed by crypto company United American Corp in March 2020 against Ver, Powell, Bitmain Technologies and its CEO Jihan… Continue reading Bitcoin Cash antitrust suit dismissed with prejudice

Pandemic leaves digital laggard Italy scrambling to catch up

MILAN (Reuters) – Small Italian car filter supplier Ecofiltri took out a state-backed loan last year, just like thousands of other businesses fighting to keep afloat during the pandemic.General view of the outside of the headquarters of Italian filter supplier Ecofiltri, in Vasto, Abruzzo region, Italy March 16, 2021. Simone Scafetta/Handout via REUTERSBut instead of… Continue reading Pandemic leaves digital laggard Italy scrambling to catch up

Pandemic leaves digital laggard Italy scrambling to catch up

MILAN (Reuters) – Small Italian car filter supplier Ecofiltri took out a state-backed loan last year, just like thousands of other businesses fighting to keep afloat during the pandemic.General view of the outside of the headquarters of Italian filter supplier Ecofiltri, in Vasto, Abruzzo region, Italy March 16, 2021. Simone Scafetta/Handout via REUTERSBut instead of… Continue reading Pandemic leaves digital laggard Italy scrambling to catch up

WaPo correction shows 'disturbing phenomenon' of how media uses anonymous sources

‘Anonymous sources became ubiquitous’ during Trump presidency: Domenech The Federalist Publisher Ben Domenech rips The Washington Post for misquoting former President Trump. Anonymous sources being used often during the Trump administration was “deeply problematic,” Fox News contributor Ben Domenech said Tuesday on “Outnumbered,” reacting to the Washington Post’s massive correction to a January report about a phone call between then-President Donald… Continue reading WaPo correction shows 'disturbing phenomenon' of how media uses anonymous sources

Amazon job postings hint at digital payments project to launch in Mexico

9312 Total views 69 Total shares News American e-commerce giant Amazon is developing a new service that will allow its customers to shop using digital currency, according to the company’s job postings. According to an official job application on Amazon, the company is now building a tech team to enable a new digital currency service.… Continue reading Amazon job postings hint at digital payments project to launch in Mexico

Powers On… The battle for digital asset supremacy and the consequences of U.S. capitulation

Powers On… is a new monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an Adjunct Professor at Florida International University School of Law, where he teaches a course on ‘Blockchain, Crypto… Continue reading Powers On… The battle for digital asset supremacy and the consequences of U.S. capitulation

Amazon job postings hint at digital payments project to launch in Mexico

American e-commerce giant Amazon is developing a new service that will allow its customers to shop using digital currency, according to the company’s job postings. According to an official job application on Amazon, the company is now building a tech team to enable a new digital currency service. Currently known as a “Digital and Emerging… Continue reading Amazon job postings hint at digital payments project to launch in Mexico

Vaccine diplomacy: India seeks to rival China with broad shipments

NEW DELHI (Reuters) – India has approved the shipment of COVID-19 vaccine to Cambodia and plans to supply Mongolia and Pacific Island states, officials said on Sunday, as supplies arrived in Afghanistan – all part of the country’s widening vaccine diplomacy.Slideshow ( 3 images )Seeking to steal a march over rival Asian giant China, which… Continue reading Vaccine diplomacy: India seeks to rival China with broad shipments

Ethereum vs. Bitcoin: Do or die as Ether price drops to a critical level against BTC

It’s been all about Bitcoin (BTC) in recent months with altcoins suffering as a result and BTC dominance reaching a new local high of 67.5% over the past few days. However, a reversal typically occurs once altcoins start to show such major weakness and altcoin traders are in depression. The leading indicator for such a… Continue reading Ethereum vs. Bitcoin: Do or die as Ether price drops to a critical level against BTC

Singapore Bank DBS Launches Digital Exchange to Meet Crypto Demand

DBS Group Holdings, Southeast Asia’s greatest bank, is to set up a trade for advanced resources, including digital currencies, that will give tokenisation, exchanging and care administrations to institutional and licensed financial specialists. The move comes as institutional speculators siphoned $429 million into cryptographic money assets and items for the week ended Dec. 7, the… Continue reading Singapore Bank DBS Launches Digital Exchange to Meet Crypto Demand

Russian President Vladimir Putin Signs Order Compelling Government Workers to Disclose Crypto Holdings

Russian President Vladimir Putin has signed an order compelling the country’s government workers to disclose their cryptocurrency holdings. The order stipulates that employees must submit details of where they bought the digital assets and the value thereof by June 30, 2021. Similarly, children and spouses of government employees must disclose their digital asset holdings, according… Continue reading Russian President Vladimir Putin Signs Order Compelling Government Workers to Disclose Crypto Holdings

Ethiopian forces begin offensive on Tigray capital, say a diplomat and Tigray forces leader

ADDIS ABABA/NAIROBI (Reuters) – Ethiopian government forces began an offensive to capture the regional capital Mekelle in the rebellious northern Tigray region on Saturday, said a diplomat in direct contact with residents, and the leader of Tigrayan forces.FILE PHOTO: Members of the Amhara Special Force return to the Dansha Mechanized 5th division Military base after… Continue reading Ethiopian forces begin offensive on Tigray capital, say a diplomat and Tigray forces leader

Ethiopia war destabilising east Africa, warns EU

ADDIS ABABA/NAIROBI (Reuters) – Fighting between Ethiopia’s military and regional forces from the northern Tigray region is seriously destabilising the East African and Horn region and hostilities should halt, the European Union foreign policy chief said.FILE PHOTO: Ethiopian refugees fleeing from the ongoing fighting in Tigray region, queue for water, at the Fashaga camp, on… Continue reading Ethiopia war destabilising east Africa, warns EU

Ethiopia pushes toward Tigray capital, rebuffs African mediation

NAIROBI/ADDIS ABABA (Reuters) – Ethiopia said on Saturday its forces had seized another town in their advance on the capital of northern Tigray region and rebuffed an African Union (AU) push to mediate in the war with rebel forces in the region.An overview of Dansha airport and destroyed buildings in Dansha, Ethiopia, is seen in… Continue reading Ethiopia pushes toward Tigray capital, rebuffs African mediation