El Salvador Bolsters Bitcoin Strategy Amid Global Scrutiny
El Salvador bolsters Bitcoin as it strengthens its position as a major player in the cryptocurrency arena by increasing its Bitcoin holdings to over 6,000 BTC. The country now joins a select group of nations, including the US, China, the UK, Ukraine, and Bhutan. This move underscores El Salvador’s dedication to integrating Bitcoin into its […]
Blockchain Advocates Sue IRS Over New Cryptocurrency Regulation
Blockchain Association Challenges IRS Over New Crypto Regulation Blockchain advocates sue IRS as the Blockchain Association, along with the Texas Blockchain Council, initiates legal proceedings against the United States Internal Revenue Service (IRS). The lawsuit challenges the agency’s recent regulatory amendments concerning cryptocurrency transactions. This legal action follows the IRS’s December 27 decision to impose […]