Category: Government

China Crypto Ban? Here’s What Happened

China has already announced 18 crypto bans since 2013, causing FUD in the crypto space time and time again. But those bans were never conclusive or absolute, allowing users to continue buying and selling crypto without any restraints. This time though, China’s ban on cryptocurrency seems legit and leaves...

El Salvador and Bitcoin

On September 7, history was made when president Nayib Bukele announced that Bitcoin is now a legal tender in El Salvador, which means Bitcoin is now an official currency of the country, along with U.S dollars, which was El Salvador’s only official currency before this. Is Bitcoin Legal Tender...

How the Crypto Infrastructure Bill Might Affect Crypto Taxes

The Senate finally gave bipartisan approval to the $1 trillion infrastructure bill, also known as HR 3684, last Tuesday, the 10th of August. Focused on collecting and allocating money for building bridges, roads, transportation systems, and supporting clean energy, along with other advancements, the bill plans to raise $28...