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Gov. Polis discusses the idea of Colorado someday accepting cryptocurrencies for taxes

Cryptocurrency is not exactly a new term by now, but the digital currency has caught the attention of of Gov. Jared Polis (D-Colorado). Polis said at a virtual summit Tuesday that he'd like to see a way for residents to someday pay their taxes in cryptocurrency. The conference itself is Consensus 2021 and is hosted by the news site CoinDesk, which focuses its reporting on cryptocurrency. Polis expressed his interest in the idea of accepting. ....

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Crypto is Key to Ransomware; Biden Says Canada Unfair to U.S. Dairy Farmers

"We can live in a world with cryptocurrency or a world without ransomware, but we can t have both," said Lee Reiners, executive director of the Global Financial Markets Center at Duke University s ....

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As scrutiny of cryptocurrency grows, industry turns to Washington lobbyists

When federal regulators late last year accused one of the world’s most popular cryptocurrency platforms of illegally selling $1.38 billion worth of digital money to investors, it was a pivotal moment in efforts to crack down on a fast-growing market and in the still-nascent industry’s willingness to dive deeply into the Washington influence game.
The company, Ripple Labs, has enlisted lobbyists, lawyers and other well-connected advocates to make its case to the Securities and Exchange Commission and beyond in one of the first big legal battles over what limits and requirements the government should set for trading and using digital currency. ....

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Coinbase's Washington Debut - The New York Times

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A week before Coinbase made its blockbuster debut on Wall Street on Wednesday, the cryptocurrency exchange was part of a much quieter, but symbolically important, launch in Washington, D.C.
Yep, here come the lobbyists.
Along with the asset manager Fidelity, the payments company Square and the investment firm Paradigm, Coinbase established a new trade group with “a mission to unlock the transformational promise of crypto.” The Crypto Council for Innovation hopes to influence policies that will be critical for expanding the use of cryptocurrencies in conjunction with traditional finance (and, by extension, the businesses of the group’s members). ....

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The G.O.P.'s Matt Gaetz Problem | The New Yorker

The G.O.P.'s Matt Gaetz Problem | The New Yorker
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