Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

The Twitter Crypto Community Trolls the U.S. Government

Published 08/29/2021, 11:20 AM
Updated 08/29/2021, 11:30 AM
The Twitter Crypto Community Trolls the U.S. Government

  • The Twitter (NYSE:TWTR) cryptocurrency community trolls the U.S. government
  • This comes as the Biden administration looks to crack down on tax evasion

Bitcoin, it just seems like a scam,” Mr. Donald Trump said. “I don’t like it because it’s another currency competing against the dollar.” The former U.S. president is just one of the many big boys to call crypto scams and many other names.

Since nearly the beginning, the U.S. government wasn’t a fan of digital assets. From the Senate to U.S. policymakers, almost everyone wants to tackle issues presented by the growing use of cryptocurrency. But it seems like the crypto industry is giving the regulators a hard time.

Lately, the Biden administration is looking to crack down on tax evasion and pointing to crypto as an area of concern. Last week, the U.S. Treasury announced proposed changes to crypto reporting as part of President Joe Biden’s proposed

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.