The US Treasury and IRS have proposed new regulations for cryptocurrency transactions, including those made by brokers. The regulations aim to increase transparency with crypto transactions and ensure that brokers abide by existing AML and CFT laws.
California has ruled that political campaigns may accept digital currencies for contributions, although the funds raised must be reported in US Dollars.
New industry opportunities are emerging as the state of Florida looks to the future of energy. With enhanced regulatory understanding, Bitcoin mining offers a novel option to diversify the state’s energy resources and stimulate economic growth.
House Republicans have proposed a bill that seeks to bring more clarity to the cryptocurrency industry The bill seeks to amend the Securities Exchange Act of 1934 to provide guidance on whether or not certain digital assets qualify as securities