A source told The New York Times that Santos and two others appeared to try a crypto-centric version of the classic Nigerian prince email scam.
North Carolina Congressman Reintroduces Crypto Tax Bill
Reintroduced cryptocurrency tax legislation is taking aim at the IRS’s current code
Lawmakers Amp Up Pressure on Facebook to Halt Libra Cryptocurrency Development
U.S. lawmakers repeatedly pressed Facebook’s top blockchain exec to halt development of the Libra cryptocurrency in Tuesday’s hearing.
Republican Leader McCarthy Proposes Blockchain Transparency in Government
Republican leader Kevin McCarthy has called for an exploration to see if blockchain can make the U.S. government more efficient and transparent.
US Lawmakers Seek Sanctions Against Iran’s Cryptocurrency Efforts
A bill introduced this week in Congress takes a hard line on Iran’s efforts to develop its own sovereign cryptocurrency.
US Congressmen Introduce Two Bills to Prevent Crypto Price Manipulation
Congressmen from Florida and North Carolina have introduced bipartisan bills to prevent crypto price manipulation and boost acceptance of the tech.
US Lawmakers Push for ‘Blockchain’ Definition in New Congressional Bill
A bipartisan bill introduced to the U.S. House of Representatives this week proposes creating a “consensus-based definition of blockchain.”
US Lawmakers ‘Strongly Urge’ IRS to Update Crypto Tax Guidance
U.S. lawmakers are calling on the Internal Revenue Service to provide clear guidance on how cryptocurrency-related taxes will be calculated.
Congress Is Now Holding Two Crypto Hearings This Wednesday
Congress is set to hold not one but two separate hearings related to cryptocurrencies on Wednesday.
Lawmakers to Discuss If Crypto Is ‘The Future of Money’ Next Week
The U.S. House Financial Services Committee will host a crypto hearing focused on its use as a form of money next week.
Congressional Bill Calls for Study of Crypto Use in Sex Trafficking
The House of Financial Services Committee is introducing a bill that would launch an investigation into how cryptocurrencies enable sex trafficking.
US Congressman: ‘Race to Regulate’ Won’t Solve Crypto Fraud
While fraud and ‘bad actors’ are a concern in the crypto industry, US Rep. Patrick McHenry says Congress should not rush to regulate.
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.