Bitcoin Magazine Senator Lummis’ New Bill Enables Tax-Exempt Bitcoin Spending — But Thresholds Are Too Low Today, Senator Lummis unveiled a bill that would enable U.S. citizens to spend up to $300 worth of bitcoin on goods and services, with a yearly cap of $5,000, without having to pay capital gains taxes on the transactions. […]
Bitcoin Magazine Support The Blockchain Regulatory Certainty Act (BRCA) To Protect Noncustodial Services With a lot of regulatory talk centered around The GENIUS Act and The CLARITY Act (the market structure bill) right now, it’s important that Bitcoin enthusiasts also pay attention to and support The Blockchain Regulatory Certainty Act (BRCA) — H.R. 1747. The
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Bitcoin Magazine Bitcoiners Should Care About The GENIUS Act While the GENIUS Act is a stablecoin bill, U.S.-based Bitcoin enthusiasts should be paying attention to the language in the bill as it pertains to the ability to transact privately with crypto assets — including bitcoin. Two documents that recently circulated among Senate Banking Committee Democrats
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Bitcoin Magazine WE CAN’T LET ATLANTA WIN THE HASH LEAGUE! After inventing the Hash League competition at Bitcoin Plus Plus Austin, ATLBitlab is dominating the leaderboards. Bitcoiners worldwide need to step up and stop them! Last week at Bitcoin Plus Plus Austin, Stephen and Maru Sabando from the Atlanta Bitcoin Community dominated the conference’s hackathon.
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Bitcoin Magazine Bitcoin Mining Centralization in the U.S.: A New Risk for the Industry? A groundbreaking study from the Cambridge Centre for Alternative Finance (CCAF) claims that the United States now dominates Bitcoin mining, controlling as much as 75.4% of the global hashing power. “The U.S. has solidified its position as the largest global mining
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