Articles of Bitcoin in the United States

Cryptocurrency rankings in the U.S. released! Richest cities hold $ 55,000 in crypto assets per capita

Written in front: CoinTracker, a cryptocurrency taxation service company, released a report that analyzed data on cryptocurrency users in major U.S. cities and calculated some interesting lists, such as the number of cryptocurrency users in the United States and the largest number of coins per capita The city is San Francisco, and per capita users […]

CFTC issues guidelines for digital asset delivery, chairman promises to encourage innovation

The U.S. Commodity Futures Trading Commission (CFTC) announced on Tuesday that it unanimously voted to pass an explanatory guide to determine what constitutes a "delivery" of digital assets. The CFTC stated that "the final interpretation guide discusses two main factors that demonstrate the 'actual delivery' of retail merchandise transactions in the form of virtual currencies." […]

US presidential candidate Andrew Yang likes Bitcoin? These 7 points can prove

U.S. Presidential candidate Andrew Yang proposes a complete overhaul of cryptocurrency regulation. In an interview with Bloomberg yesterday, the Democratic candidate praised the "huge potential" of cryptocurrencies and added that regulation cannot "block" Bitcoin. Compared to most politicians, Yang is not a person shy about talking about cryptocurrencies. The US election is getting closer, and […]

Resubmitted to the U.S. Congress three years later, the bill wants to exempt small bitcoin transactions from taxes

The U.S. Congress has again introduced a bill calling for the exemption of capital gains tax on personal cryptocurrency transactions. The Virtual Currency Tax Fairness Act of 2020, announced in Washington, D.C. on Thursday, was proposed by Congressman Suzan Delbene from Washington and David Schweikert from Arizona. In 2014, the U.S. Internal Revenue Service (IRS) […]

Gospel for institutional investors, SEC approves first Bitcoin futures investment fund

A new Bitcoin futures fund managed by Stone Ridge, a $ 15 billion asset management company, has been approved by the US Securities and Exchange Commission (SEC). Although companies like Galaxy Digital and VanEck have recently launched similar structured funds, this new fund is only intended to invest in cash-settled futures. Cash-settled futures address regulators' […]