The NRCC will soon accept crypto donations because Republican donors requested the payment method, the campaign committee’s chair said.
US lawmaker introduces bill aimed at protecting ‘forked assets’ from IRS
This is the third time Rep. Emmer has introduced the bill to the House of Representatives, but the first with a Democrat in the presidency.
US Library of Congress Says Most Countries Lack Clear Tax Guidance on Crypto Staking
Out of 31 nations, only 5 have tax guidance addressing cryptocurrency rewards via staking, a study found.
New Bipartisan Bill Would Classify Digital Tokens as Commodities, Not Securities, in US
A bill introduced by Rep. Tom Emmer could clarify the status of digital tokens issued as part of a securities offering under securities law.
US Lawmakers Advocate for Blockchain Use in COVID Relief Efforts
Lawmakers are urging President Trump to consider blockchain solutions in the fight against COVID-19.
US Congressman Tom Emmer Will Accept Crypto Donations for Reelection Campaign
Minnesota Representative Tom Emmer will accept crypto donations for his campaign, facilitated through BitPay.
US Fed Chair Says Private Entities Should Not Help Design Central Bank Digital Currencies
Federal Reserve Chairman Jerome Powell said he believes central banks would have to design and implement CBDCs, not private entities.
Congressman Emmer to Reintroduce Tax Bill Focused on Crypto Hard Forks
U.S. Representative Tom Emmer plans to reintroduce a bill that would benefit taxpayers holding cryptos resulting from blockchain hard forks.
21 US Lawmakers Urge IRS (Again) to Clarify Crypto Tax Rules
With the U.S. deadline to file taxes days away, 21 lawmakers have again urged the IRS to provide clarity on crypto.
US Lawmaker Reintroduces Bill Seeking ‘Safe Harbor’ for Some Crypto Startups
Rep. Tom Emmer has re-introduced a bill hoping to provide crypto startups which do not store users’ tokens exemptions from state-level money transmission laws.
US Congressman Drafts Bills to Aid Blockchain Development
U.S. Representative Tom Emmer plans to introduce three blockchain-focused bills to Congress in the coming weeks aimed at spurring development.
US Congressman: SEC’s Stance on Ether Is ‘Encouraging’
Republican Congressman Tom Emmer has praised the SEC for its recent comment indicating that ether is not a security.
Crypto Is a ‘Crock’? Twitter Reacts to House ICO Hearing
Despite the overall measured tone of Wednesday’s House ICO hearing, a couple lawmakers’ comments set Twitter aflame.
Congress Must ‘Push Back’ Against Overregulation of Blockchain, Says US Rep
“Keeping the dogs at bay” is Rep. Tom Emmer’s goal. The Congressional Blockchain Caucus member worries overzealous regulation could stifle innovation.
Lawmakers Renew Calls for US to Lead on Crypto Innovation
Following a U.S. Congressional hearing on cryptocurrency and blockchain, three lawmakers are renewing calls for the government to embrace innovation.