White House crypto and AI czar David Sacks rejected the idea of taxes on each cryptocurrency transaction as a method of filling the US strategic Bitcoin (BTC) reserve and crypto stockpile with digital assets. During a recent appearance on the All In Podcast, host Jason Calacanis proposed charging a 0.01% tax on every cryptocurrency transaction,…
El Salvador acquired 13 Bitcoin (BTC) since March 1, despite International Monetary Fund (IMF) pressure on the country’s public sector to stop accumulating the decentralized store of value asset. According to the El Salvador Bitcoin Office, the country’s Bitcoin treasury holds a total of over 6,105 BTC, valued at more than $527 million at current…
Today in crypto, the Bitcoin community shares mixed reactions to White House Crypto Summit, the White House Crypto Summit marked a “truly historic day at the White House,” according to Crypto.com CEO Kris Marszalek, and the US Office of the Comptroller of the Currency (OCC) has reduced “the burden” on how US banks can engage…