The Department of the Treasury of the United States has recently made a proposal to expand the requirement for users to inform the IRS about foreign crypto accounts with more than $50,000.
The bill, which aims to provide clarity on the regulation of cryptocurrencies, will give the CFTC additional powers and contain the definitions of securities used by the SEC.
Florida Governor Ron DeSantis has said that he has instructed government agencies to prepare a bill for the use of Bitcoin to pay taxes.
The US National Football League (NFL) has allowed teams to seek sponsorships in the blockchain industry, with some restrictions on cryptocurrencies.
Eight members of the US House of Representatives have pointed out in a letter to the head of the SEC the groundlessness of the investigations the commission is conducting against cryptocurrency-related companies.
The Federal Reserve of the United States (Fed) has raised its key rate by 25 basic points for the first time since December 2018.
The US authorities have sentenced a Massachusetts resident to eight years in prison for drug trafficking using Bitcoin.
