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About LinkBacksInteresting article what's being considered in US.
https://www.cnbc.com/2021/08/06/whit...yqNWUUrFDIFLGY
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6 August 2021, 6:35 am #1
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White House backs senators pushing for stricter crypto reporting rules
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The Following User Says Thank You to Pokerface For This Useful Post:
The Buzz (11 August 2021)
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10 August 2021, 1:12 am #2
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What very disappointing news.
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11 August 2021, 7:12 am #3
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I thought the whole purpose of bitcoin was to remain anonymous ...
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drifter8 (11 August 2021)
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11 August 2021, 8:04 am #4
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Bitcoin was never anonymous.
The law did not go through. https://www.coindesk.com/podcasts/co...-tanked-shelby
The proposed problem of the ammendment was not about users, but about other actors like miners.
The current bill widens the definition of broker. Those who would have to collect information on cryptocurrency consumers and report this information to the IRS, it would force every single participant in the cryptocurrency structure to operate as a financial institution, which would mean they would have to provide consumer info to the IRS, even if they don’t have access to the information.If you talk to God, you are praying; If God talks to you, you have schizophrenia.
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