Senate
Report: SEC's Gensler Eyeing Robust Regulation of Crypto Market
CoinDesk's Nikhilesh De discusses what to expect from SEC Chair Gary Gensler's remarks about crypto at the Aspen Security Forum Tuesday as he eyes more crypto oversight to protect investors. Plus, the latest details swirling around the bipartisan infrastructure bill's proposed crypto tax reporting clauses, including Sen. Pat Toomey's pledge to amend them.
Perianne Boring: Infrastructure Bill's Crypto Tax Provision a ‘National Security’ Issue, 'Harmful' to US Economy
Perianne Boring, founder and president of lobbying group Chamber of Digital Commerce, discusses the $1 trillion bipartisan infrastructure package that looks to raise $28 billion in crypto taxes. "[It's] only going to be harmful to our economy here in the U.S," Boring said. "We could even make a national security argument." Plus, why Rep. Don Beyer's proposed crypto bill is "highly unlikely" that it would pass into law.
Bitmain, ISW Holdings to Launch Crypto Mining Operation in Georgia
Irene Gao of Bitmain, a leading Chinese crypto mining firm and mining hardware producer, discusses the company's new venture: a crypto hosting and mining operation in Georgia in partnership with ISW Holdings. This comes as Beijing continues its tough stance on crypto. Plus, her take on the potential impact of the U.S. Senate's proposed $1 trillion bipartisan infrastructure bill on the mining community.
US Infrastructure Bill Could Be ‘Disastrous’ for Crypto
“The Hash” panel digs into the updated draft language of the U.S. Senate’s $1 trillion bipartisan infrastructure bill, which narrows the definition of “broker” for crypto tax collection purposes. “The repercussions could be disastrous,” host Naomi Brockwell said, should the legislation be formally introduced.
What the Senate’s $1T Infrastructure Bill Means for Crypto
The Senate released the latest version of the $1 trillion bipartisan infrastructure bill Sunday. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the updated language regarding increased information reporting for cryptocurrency exchanges or “brokers” of cryptocurrency transactions and why this is grabbing the attention of Crypto Twitter.
Arca Launches First Actively Managed Income Fund in the Digital Assets Space
Jeff Dorman, CIO of California fund manager Arca, discusses where bitcoin is headed next after it broke $42K over the weekend, as U.S. lawmakers introduce two bills in what may be the most sweeping legislation yet to regulate the crypto markets. Plus, Arca launches “Arca Digital Yield Fund," the first actively managed income fund in the digital asset space.
Rep. Emmer Calls Crypto Taxes in US Infrastructure Bill a 'Desperate Attempt'
Rep. Tom Emmer of Minnesota discusses the updated draft of the U.S. Senate’s bipartisan infrastructure bill aiming to raise $28 billion via crypto taxes, which clarifies brokers "effectuate" transfers of digital assets but stops short of excluding miners or other parties that don't provide customer transactions. Plus, his take on Virginia Congressman Don Beyer proposing new legislation to regulate digital assets.
Is a Bitcoin Breakout Expected Next Week?
CoinDesk Managing Editor of Markets Brad Keoun and Research Analyst George Kaloudis discuss their outlook for bitcoin amid the Senate advancing a bipartisan infrastructure bill that would raise $28 billion via a tax on crypto transactions.
Senate Advances $1T Infrastructure Bill With Crypto Tax Provision
The Senate will vote Friday to move ahead with a $1 trillion bipartisan infrastructure bill which includes a plan to raise $28 billion from collecting a tax on crypto transactions over $10,000. “The Hash” hosts discuss the potential impact and implications.
