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Ted cruz
U.S. House Committee Advances Effort to Erase IRS' DeFi Tax Rule
A joint resolution in Congress seeks to reverse a December move by the IRS to impose a tax regime in DeFi, and the House has taken the first steps to do that.
Crypto Industry Asks Congress to Scrap IRS's DeFi Broker Rule
In what may be a big test of the crypto sector's new influence over a markedly friendlier U.S. Congress, it's asking for the reversal of an incoming tax policy.
Republican Lawmakers Introduce Legislation to Ban a CBDC in the U.S. ... Again
Senators Ted Cruz, Bill Hagerty, Rick Scott, Ted Budd and Mike Braun filed a bill titled "The CBDC Anti-Surveillance State Act."
Sen. Warren’s ‘Anti-Crypto Army’ Is Just the Beginning of Crypto’s Politicization
As the 2024 U.S. election cycle approaches don’t be surprised to hear politicians discussing bitcoin, crypto and CBDCs.
How U.S. Lawmakers View the Future of Crypto
Recently, Sen. Ted Cruz (R-Texas) introduced a bill aimed at blocking the Federal Reserve from creating a consumer-based central bank digital currency, or CBDC. The effort by the Texas senator adds to a similar state-level measure proposed earlier this month by Florida Gov. Ron DeSantis. CoinDesk Senior Research Analyst George Kaloudis breaks down how U.S. political parties might align on crypto.
The World Is 'Advancing' With CBDCs: Former CFTC Chairman Giancarlo
Former CFTC Chairman J. Christopher Giancarlo discusses the outlook for CBDCs, explaining why it's "very clear that the world is advancing with central bank digital currencies." Plus, reactions to Sen. Ted Cruz (R-Texas) introducing a bill last week aimed at blocking the Fed from creating a consumer-based CBDC, similar to a new state-level measure proposed by Florida Governor Ron DeSantis. Giancarlo is also the co-founder of the Digital Dollar Foundation.
CBDC Outlook as Sen. Ted Cruz Proposes Ban
Sen. Ted Cruz introduced a bill on Tuesday aimed at blocking the Federal Reserve from creating a consumer-based central bank digital currency, or CBDC. The effort by the Texas senator adds to a similar state-level measure proposed earlier this week by Florida Gov. Ron DeSantis. CoinDesk Executive Director of Global Content Emily Parker breaks down the differences between the two proposals and what the opposition to a CBDC is largely about.
Bitcoin Teeters Around $28K as Fed Raises Rates by 0.25%; Sen. Ted Cruz Proposes Ban on a CBDC
Bitcoin (BTC) is teetering around $28,000, following the Federal Reserve raising rates by a quarter percentage point. Separately, Sen. Ted Cruz (R-Texas) introduced a bill aimed at blocking the Federal Reserve from creating a consumer-based central bank digital currency, or CBDC.
GOP Sen. Ted Cruz Proposes Ban on a CBDC
The effort by the Texas senator adds to a similar state-level measure proposed earlier this week by Florida Gov. Ron DeSantis.
Sen. Ted Cruz Proposes Capitol Hill Vending Machines Accept Crypto
Sen. Ted Cruz (R-Texas) has proposed requiring vendors on Capitol Hill to accept cryptocurrency as payment. "The Hash" panel discusses Cruz's latest pro-crypto advocacy and the implications for crypto on Capitol Hill.