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FM Clip
What to Expect From House of Representatives’ Stablecoin Hearing Next Week
The House of Representatives will convene next Tuesday to discuss stablecoin regulation. The Senate Banking Committee will also hold its own hearing on stablecoins the week after. CoinDesk Global Policy and Regulation Managing Editor Nik De shares a preview.
Paxful CEO on Launching Bitcoin Educational Center in El Salvador
Crypto trading platform Paxful has opened “La Casa del Bitcoin,” a bitcoin educational center in El Salvador to enable free learning opportunities related to BTC and boost adoption. Paxful CEO Ray Youssef shares insights into the launch, addressing concerns BTC could be too volatile to serve as a national currency.
Bitbuy CEO: ‘Bitcoin Is Moving Higher’
Bitcoin continues to trend lower from its bearish trajectory and is now staring at a support level of $35,500. Michael Arbus, CEO of Canadian trading platform Bitbuy, discusses his crypto markets analysis and outlook. “Clearly, I have a view that bitcoin is moving higher,” Arbus said.
The Sandbox Co-Founder Says Meta Acquisition Rumor Is 'Totally Fake'
Responding to swirling speculations Meta (formerly Facebook) is acquiring The Sandbox, co-founder and COO of the metaverse startup Sebastien Borget says "it's totally fake," adding, "I hope it will never be happening." Plus, his thoughts on what Meta is getting wrong about its metaverse plans and the wider race among tech giants to dominate metaverse technology.
IRS Offers Tezos Staker Refund on Rewards Tax
The Internal Revenue Service (IRS) offered a Tennessee couple a refund on income taxes paid for unsold staking rewards as part of what appears to be a settlement in an ongoing legal fight.
IRS Offers Tezos Staker Refund on Rewards Tax
The Internal Revenue Service (IRS) offered a Tennessee couple a refund on income taxes paid for unsold staking rewards as part of what appears to be a settlement in an ongoing legal fight. CoinDesk's Global Policy & Regulation Managing Editor Nikhilesh De discusses the latest update from the IRS and why this is a continuing story to monitor.
India’s 30% Crypto Tax Proposal Explained
Indian Finance Minister Nirmala Sitharaman announced the nation’s budget Tuesday, revealing it will tax digital assets at a 30% rate and launch a digital rupee by 2023.
Indian Budget Provision Allows Government to Define NFTs
A clause in India's 2022 budget announced Tuesday by Finance Minister Nirmala Sitharaman suggests the Modi government may be seeking to define what is or is not a non-fungible token (NFT). CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the regulatory implications for the future of NFTs in India.
Indian Budget Provision Allows Government to Define NFTs
A clause in India’s 2022 budget announced Tuesday by Finance Minister Nirmala Sitharaman suggests the Modi government may be seeking to define what is or is not a non-fungible token (NFT). CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the regulatory implications for the future of NFTs in India.
Sheila Warren to Lead Crypto Council for Innovation
Former World Economic Forum executive Sheila Warren is now CEO of Washington-based lobbying group Crypto Council for Innovation (CCI). Last July, CCI co-hosted a bitcoin-focused virtual event featuring Elon Musk, Jack Dorsey and Cathie Wood.