Australia, Canada and Colombia were right to pause CBDC plans
Maybe CBDCs are less inevitable than some people think. Source link
Choke Point 2.0 is hurting Kamala Harris' 'crypto reset'
Kamala Harris has given cryptocurrency fans little to be hopeful about — despite some of the milquetoast rhetoric from her supporters. Source link
Senate proposal for crypto tax exemption is long overdue
Four senators are fighting to exempt low-value crypto transactions from federal taxation. Congressional approval for their proposal is long overdue. Source link
Bahamians didn't want CBDCs — So now they're being forced to use them
Regulators in the Bahamas are sick of their citizens’ reluctance to adopt a CBDC, so they’re forcing commercial banks to get on board. Source link
'Privacy-minded' CBDCs are a wolf in sheep’s clothing
CBDC developers have made little progress in developing products capable of “preserving privacy,” and government is not complaining. Source link
CBDCs' threat to freedom put under the microscope at Oslo conference
Attendees of the 2024 Oslo Freedom Forum were united in addressing the threat that central bank digital currencies (CBDCs) pose to freedom around the globe. Source link
‘Open-source’ CBDCs aren’t going to protect you from government
Opinion: From Brazil to Norway, there is plenty of evidence that governments are planning to use CBDCs to abuse their people. Source link
Global policymakers are still pushing CBDCs despite their failures
Despite the risks and the failures associated with central bank digital currencies (CBDCs), global policymakers are pushing forward to make them a reality. In November alone, officials from the International Monetary Fund (IMF), Bretton Woods Committee, and Bank for International Settlements (BIS) issued rallying calls for governments to push forward on CBDCs with courage and…
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Expect new IRS crypto surveillance to come with a surge in confiscation
As the Internal Revenue Service (IRS) pushes forward with its proposal to increase cryptocurrency surveillance, a past report might offer a clue for how this information may be used in practice. In short, with the IRS set to keep tabs on Americans’ cryptocurrency usage through an expected 8 billion new returns, it seems the Department…
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IRS proposes unprecedented data-collection on crypto users
For two years, the cryptocurrency world has been waiting to see how the Internal Revenue Service (IRS) would implement the Infrastructure Investment and Jobs Act. Put simply, this law established new reporting requirements that risked setting a de facto ban on cryptocurrency mining and exposing millions of Americans to new felony crimes. The good news…
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