Tag Archives: michael bloomberg

Cryptocurrency is a growing medium of finance, but according to many analysts, the lagging tax regulations is a serious problem for the arena worldwide, and they are convinced that so long as regulations continue to lag, the crypto space will never reach mainstream or legitimate status.Regulations May Not Be as Important as We ThoughtFor years, people have been talking about the lack of regulation and clarification regarding tax data for cryptocurrencies. What constitutes a transaction? What...

It looks like bitcoin and crypto are gearing up to be regular, hot debate topics during this year’s U.S. presidential election.Bitcoin Is Gearing Itself UpAs we all know, Andrew Yang was originally serving as the “crypto candidate” for Democrats throughout the country. Among Yang’s plans were to alleviate some of the tension in the regulatory space by making the rules surrounding crypto activity and trades less complicated and easier to understand for normal, everyday traders.Yang, however,...

In the framework of his campaign, U.S. presidential candidate Michael Bloomberg offered to develop a regulatory framework for cryptocurrencies.Billionaire entrepreneur, who turned politician, Michael Bloomberg is currently the U.S. presidential candidate 2020. As the U.S. Democratic party presidential campaign enters its closing stages, aspirants are throwing all they have in the ring to gain the support of democrats nationwide and Michael Bloomberg is not one to be left out.The billionaire...