Blockchain Battle With China Ensues With New US Congress Bill Proposal
Members of the US Congress have sponsored a non-partisan bill in the hopes of catching up with China’s
Read More
Congress
U.S. Tech Giants Face Tough Questions from Congress in Antitrust Hearing
As the U.S. government seeks to kill monopoly in the U.S. tech ecosystem, the CEOs of Amazon, Apple, Google, and Facebook were drilled to clarify their anti-competitive behavior.U.S. top tech giants including the CEOs of Facebook Inc (NASDAQ: FB), Apple Inc (NASDAQ: AAPL), Amazon.com Inc (NASDAQ: AMZN), and Google LLC
Read More
Amazon, Apple, Facebook, Google to Face Congress on Antitrust Issues
After the antitrust hearing was postponed to pay respect to the late Rep. John Lewis, D-Ga, the four U.S. big tech CEOs are expected to be grilled by Congress today.On Wednesday, July 29, the four largest U.S. tech companies by market capitalization will face Congress regarding the antitrust issues. The four
Read More
How Congress is learning about blockchain, one tiny bit of bitcoin at a time.
Lau: Absolutely. You know, it’s a Chinese saying — it’s either a curse or blessing. May you live in interesting times and absolutely, that’s where we are right now. One thing we’ve noted about Covid, while most people are sheltering in place, technology has not stayed in place. Not
Read More
Ex-Yang Aide Is Running for Congress with Bitcoin and UBI on His Mind
[sociallocker id="55298"] For would-be U.S. lawmaker Jonathan Herzog, financial exclusion isn’t just a talking point, it’s lived experience. When launching his congressional run, he said, Herzog went to Bank of America and Citibank and tried to open a campaign checking account, but was denied. Herzog saw it as an example of
Read More
Pro-Crypto Democrat Jonathan Herzog Running for US Congress
[sociallocker id="55298"] Cryptocurrency advocate Jonathan Herzog is running for election to the U.S. House of Representatives in the primary against fellow Democrat Jerry Nadler, who has represented New York's 10th Congressional District since 2013.A former staffer of ex-presidential candidate Andrew Yang, Herzog first announced his intention to run for office
Read More
Congress Fears US Is Losing Battle to Malware and Darkweb Cyberweapons
In a May 28 virtual roundtable before the congressional Subcommittee on National Security, International Development and Monetary Policy, witnesses and congresspeople alike feared that they are not keeping up with criminals hacking the financial system.Criminals have better resumes than government agentsOne witness, Guillermo Christensen, a partner at law firm Ice
Read More
China’s Congress Proposes Blockchain Development Fund
National People’s Congress, China’s parliament and Chinese People’s Political Consultative Conference, the most powerful political advisory body in the country, have recently begun their annual sessions. These are widely referred to as the "Two Sessions" or "lianghui" meetings. These meetings have been ongoing since May 22. The National People’s Congress, or
Read More
In Congress, a New Bill Asks for Mass Survey of Blockchain Technology in the US
On May 19, Representative Brett Guthrie (R-KY) introduced the “Advancing Blockchain Act.” Per a May 18 draft of the legislation obtained by Cryptox, the bill asks the Federal Trade Commission and the Secretary of Commerce to put together a new survey of blockchain’s uses and the state of adoption in
Read More
Congress and IRS Virus Relief Allow Loss Carrybacks, Tax Refund Claims
Many investments these days seem volatile, but there are few asset classes that have been as volatile as crypto. If you have losses, you might have trouble claiming them, offsetting gains or reducing your income. In fact, asking if you have tax losses or even expecting some sounds like a
Read More