Congressman Emmer to Reintroduce Tax Bill Focused on Crypto Hard Forks
U.S. Representative Tom Emmer plans to reintroduce a bill that would benefit taxpayers holding cryptos resulting from blockchain hard forks.
A bill introduced by Rep. Tom Emmer could clarify the status of digital tokens issued as part of a securities offering under securities law.
Lawmakers are urging President Trump to consider blockchain solutions in the fight against COVID-19.
Out of 31 nations, only five have tax guidance addressing cryptocurrency rewards via staking, a study found.
Rep. Tom Emmer of Minnesota will accept crypto donations for his campaign, facilitated through BitPay.
Federal Reserve Chairman Jerome Powell said central banks should design and implement CBDCs, not private entities.