Has a 1% tax on Bitcoin holders been proposed by a U.S. Senator?
In the morning of Monday, April 22, Dennis Porter, the CEO, and co-founder of the Satoshi Action Fund, caused a stir on X as he shared a supposed letter sent…
Source: biztoc.com
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Biden Proposes New Cryptocurrency Reporting Rules
Reporting requirements have been proposed for transactions, including cryptocurrency transactions. Financial institutions, payment settlement entities, digital asset exchanges, and custodians would be required to report gross inflows and outflows that exceed a threshold.
Source: natlawreview.com