The U.S. Treasury letter says that coders, stakers, and miners wouldn't have access to information about the sales of securities by taxpayers, so they aren't covered by the regulations.
The U.S. Infrastructure Bill has a number of new rules aimed at controlling digital asset use, including an eight-word alteration to Section 60501 of the U.S. tax code, defining digital assets as cash for the first time.
One of the most significant cases in the history of blockchain technology continues—the Satoshi trial resumed this week in Florida with Dr. Craig Wright taking the stand in the Kleiman v Wright court proceedings.
After much deliberation and debate, the $1.2 trillion bipartisan infrastructure bill passed 228-206, making funds available for much-needed upgrades to America’s critical infrastructure.
The U.S. Treasury pushed for strict reporting rules for digital currency holders in its $1 trillion Infrastructure Bill and is now pushing further in new bill.
In what appears to be one of the largest digital currency heists in history, decentralized finance (DeFi) platform Poly Network lost an estimated US$600 million in digital tokens in a hack attack earlier this week.