-
US regulatory oversight fears swirl round crypto (again), as Bitcoin hangs in there
Bitcoin and crypto is hanging in there by a thread today, amid fresh fears of regulatory oversight in the US. A new, sweeping tax proposal in the United States has been pushed front and centre by the marionette known as Joe Biden and the people unconvincingly (it crumples in a heap unreasonably often) pulling the strings. Biden and the US Treasury’s proposal (and at this stage it’s just a proposal with no guarantee of successfully passing through the US halls of power and circling back to Biden’s shaky signing hand) is being highly criticised today across the cryptoverse. It details the US government’s idea ... (full story)