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Latest News

Two New Bills In Congress Offer Clarity For Blockchain Tokens And Crypto Exchanges

September 25, 2020 In The News

Regulatory clarity is what is cried out for by the crypto industry. In leaving the Securities and Exchange Commission (SEC) a set of arcane laws to create guidance regarding blockchain tokens, the default of ‘regulation by enforcement’ has left many entrepreneurs dissuaded about the ability to create and develop blockchain technology.

SCHWEIKERT, FOSTER, EMMER, AND SOTO LEAD IRS LETTER TO ENSURE CONSUMERS CAN UTILIZE PROOF OF STAKE NETWORKS

August 4, 2020 Press Release

WASHINGTON, DC - Today, Congressman David Schweikert (AZ-06), Co-Chair of the Congressional Blockchain Caucus, along with Caucus Co-Chairs Congressman Bill Foster (IL-11), Congressman Tom Emmer (MN-06), and Congressman Darren Soto (FL-09) sent a letter to the Internal Revenue Service (IRS) asking for guidance on the taxation of “block rewards” in a proof of stake network.

US Lawmakers Don’t Want Proof-of-Stake Networks to Get Overtaxed

August 4, 2020 In The News