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Delving into captivating crypto narratives, revealing breakthroughs in decentralization, and offering astute evaluations within the digital assets landscape.

Congressmen Introduce Bill to Change Securities Definition to Exclude Cryptocurrency

Two congressmen are introducing a bill that would exclude digital currencies from securities classification and substantially improve the tax treatment for cryptocurrencies. The new definition could benefit current cryptocurrency projectsโ€”such as Rippleโ€™s XRPโ€”and allow for ICOs and STOs to fundraise with more clarity. Today, CNBC reported that a bipartisan bill, the โ€œToken Taxonomy Actโ€ would […]

Congressmen Introduce Bill to Change Securities Definition to Exclude Cryptocurrency

Tether’s Billion Dollar Reserves May Not Equate to ‘One-to-One Backing’ or ‘No Misconduct’

Bloomberg reported that Tether โ€œhas the billions it promised,โ€ suggesting that USDT could be backed one-to-one by dollars. That said, the reserves do not necessarily prove Tetherโ€™s innocence in a laundry list of other misconduct. On Dec. 18th, Bloomberg reported that โ€œCrypto-Mystery Clues Suggest Tether Has the Billions It Promised,โ€ citing statements that span four […]

Tether’s Billion Dollar Reserves May Not Equate to ‘One-to-One Backing’ or ‘No Misconduct’