US Senate Finance Committee asks digital asset community how to tax it in open letter
    12 Jul 2023
    150 Views

    Community members may want to read up on the intricacies of tax law before they respond, but they have two months to do so. United States Senate Financial Services Committee Chair Ron Wyden and ranking member Mike Crapo released an open letter to the digital asset community on July 11 asking for input on the taxation of…

    BIS gives CBDCs a thumbs up, crypto the middle finger in reports to G20 ministers
    12 Jul 2023
    188 Views

    G20 finance ministers and central bank governors are meeting this month, and the Bank for International Settlements has findings to present. In preparation for a meeting of the G20 finance ministers and central bank governors this month, the Bank for International Settlements Innovation Hub (BISIH) submitted two reports — on cryptocurrency and central bank digital…

    ConsenSys launches Linea zkEVM to further scale Ethereum
    12 Jul 2023
    168 Views

    ConsenSys rolls scaling network Linea, which delivered faster throughput and 15 times lower transaction costs than Ethereum’s layer 1. The Ethereum ecosystem welcomes another layer-2 scaling solution as ConsenSys begins onboarding partners to its Linea network, which has produced significant scaling milestones in testing. Linea is an Ethereum layer-2 scaling network that allows developers to build or migrate decentralized…