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Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.” While many Aussies are cel..
Yesterday’s US Congress hearing was largely about lambasting Libra and Facebook’s financial global domination ambitions. A few other snippets emerged from the meeting, however, and not all are bad for bitcoin and the crypto industry. Libra Lambasted … Again The consensus of opinion from senators at..
On Wednesday, Representative Warren Davidson suggested that Facebook Libra’s lack of decentralization placed it in the same category as other run of the mill sh*tcoins. Libra is Not a Cryptocurrency Events took a somewhat unexpected twist during today’s congressional hearing on the potential impac..