Cryptocurrency tax reporting deal fails in Senate



Jeremy Allaire, Circle Co-Founder and CEO joins the Yahoo Finance Live panel to discuss the the latest in the crypto space.
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19 thoughts on “Cryptocurrency tax reporting deal fails in Senate

  • August 24, 2021 at 12:38 pm
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    Can anyone explain to me what the advantage is between cryptocurrency and just using a good old fashion credit card? In otherwords, what is the consumer motivation for using crypto over credit card, particularly in the context of paying off the credit card monthly.

    Reply
  • August 24, 2021 at 12:38 pm
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    Trading without the help of a professional trader and expecting profits is like turning water into wine, you would need a miracle, that's why I trade with Mrs. Maris Phillips, her skills set is exceptional. You can easily get to Mrs. Maris on her Telegram page @officialmarisphils. Cheers! I personally think most experts aren’t being transparent enough, She's really a genius

    Reply
  • August 24, 2021 at 12:38 pm
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    The Congress still has to vote on it. Write/call your Congress people and tell them to vote to open the procedure to amend the crypto amendment.

    Reply
  • August 24, 2021 at 12:38 pm
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    These cryptos are just seashells in terms of variety, volume, usability and credibility. The use of it is real for money laundering, extortion, tax evasion due to its nature. It is tradable in open market also means huge profit for brokers.

    Reply
  • August 24, 2021 at 12:38 pm
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    The recent pullback run is identical to the previous two. Remember when everyone previously used the Robinhood app (or Coinbase pro) before what Robinhood did with the GME stock buying which led to the mass exodus from Robinhood to alternative apps. That was before my time with Bit¢σιи but I heard about it. Well, since now so many people use Bi-nance, Bybit etc and everyone is shorting Bit¢σιи on those platforms all at the same levels, could this have anything to do with the bull market potentially being over with Bit¢σιи? It’s a sincere question we should find answers to in other not to make too many losses. At the moment, the PI indicator is about to indicate a Bitcoin low. From observations of bitcoin halving cycles, there should be at least other 4 months in this bull run after the pullback, so, if the PI indicator (and Bitcoin) might repeat a similar bull run to 2013. That would mean a local top relatively close in time.I was able to gain the knowledge of tradlng crypt0 assets early enough, but I was still stucked between massive losses due to my lack of technical understanding of how to analyze the digital market, all this changed when I encountered Prof Greg Darrell service., although I have been into numerous services but Prof Greg stands out with experienced expertise in the field. I must confess it wasn't an easy task learning the routes on trading but with his assistance, I earned a lot Ͳҽ Ӏҽցɾ ąʍ [@ Gregdarrell ] , Whats app + 1 9 1 4 4 5 5 0 4 3 4 OR Gregdarrell06@gmailcom

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  • August 24, 2021 at 12:38 pm
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    Maybe the communist senator from Vermont needs to go back to England . Where he belongs

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  • August 24, 2021 at 12:38 pm
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    This failure to pass the amendment will now ignite the already growing lobbying efforts of the crypto industry. As we go forward, a failure like this may be exactly what was needed for the crypto industry to become far more cognizant of its opponents and their agendas, and to act quickly to defend itself.

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  • August 24, 2021 at 12:38 pm
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    Anything they do they do for Rome, London and themselves….no one else….period….ever.

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  • August 24, 2021 at 12:38 pm
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    these senators are in bet with big bankers, they rule over something they cannot even explain! sad and pathetic, keeping america down.

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  • August 24, 2021 at 12:38 pm
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    How about the Ted Cruz option? Don't even put any crypto regulation in the bill. Banks and politicians are afraid to lose their tentacle grip on your financial freedom. If you can't beat them, tax them…to death.

    Reply
  • August 24, 2021 at 12:38 pm
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    Forex controls a huge part of my passive income, I invest big and my profit are even bigger, courtesy of my broker Mrs Wilson Celina

    Reply

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