Report Claims Gaming Industry Lobbying for Ban on Sports Event Contract Trading in Federal Cryptocurrency Regulation Bill
[ad_1] Semafor reports that a coalition including commercial and tribal gaming interests has sent a letter to Congress urging members to include sports trading restrictions A group including the American Gaming Association, the Indian Gaming Association, and labor unions is applying pressure to members of Congress to add language barring prediction markets from offering contracts […]
Coinbase denies lobbying against Bitcoin tax exemption: ‘Totally false’
[ad_1] Coinbase exchange founder and CEO Brian Armstrong has dismissed claims that the company has been lobbying against a tax exemption for Bitcoin transfers below $200. In a statement on X (formerly Twitter), Armstrong labelled the claims as “totally false,” adding, I’ve spent a bunch of time lobbying for Bitcoin’s de minimis tax exemption, and […]