As a researcher who has closely followed the developments in the digital asset sector and its taxation, I wholeheartedly support Rep. Wiley Nickel and Drew Ferguson’s Providing Tax Clarity for Digital Assets Act. Their bipartisan initiative is a significant step towards addressing the complexities and challenges of the current tax regime that many believe stifles … Read more
As a crypto investor with several years of experience in this space, I share Senator Lummis’ concerns about the recent interpretations of cryptocurrency wallet regulations by the DOJ. The potential categorization of all non-custodial software wallets as unlicensed financial activities is indeed a major departure from settled standards and could have significant implications for individual … Read more
As an experienced financial and legal analyst, I share Senator Cynthia Lummis’ concerns regarding the Department of Justice’s (DOJ) stance on crypto self-custody and its potential conflict with existing Treasury guidance. The DOJ’s actions against cryptocurrency entities, such as the indictment of Samourai Wallet and Tornado Cash developer Roman Storm, could set a dangerous precedent … Read more
As an experienced financial analyst, I find Justin Sun’s perspective on meme coins fascinating. Sun’s personal experience as the CEO of Tron and his deep understanding of the crypto community make him uniquely positioned to appreciate the cultural significance of these tokens. A few days ago, I attended the Token 2049 conference in Dubai where … Read more
As a seasoned crypto investor with over a decade of experience in this industry, I’ve seen my fair share of regulatory scrutiny and compliance issues. However, the latest news regarding Block’s cryptocurrency division raises serious concerns. Federal prosecutors are intensely scrutinizing Block’s cryptocurrency unit and working alongside confidential sources to investigate the company’s adherence to … Read more