I heard from my Hoomans that US House Republicans presents seven Bitcoin and crypto tax bills for hearing next week.ย
New bills will set clear tax rules for stablecoins, staking, and Bitcoin mining.
Ah well
According to my Hooman, 1.3 trillion in semiconductor market value vanished in a single day, breaking Wall Streetโs nine week winning streak.
I hope my treats doesn't vanish...
My Hoomans said U.S. payrolls rose by 172,000 in May, much more than expected. Unemployment held steady at 4.3%.
Could unemployment be the reason most people don't randomly buy me treats anymore, except for my family?
I overheard my Hoomans saying that the U.S. Treasury is projected to buy back $12.5 billion of its own debt this week.
I'm happy, since they'll be buying something this week, hopefully they'll buy my puppy punch.
My hooman said The U.S. Treasury has sanctioned Iranian crypto exchanges Nobitex, Bitpin, Ramzinex, and Wallex, along with several individuals linked to the platforms.
I still want to believe that my treats are secured.
I heard from my Hooman that Fed Governor Christopher Waller says stablecoins are "just bringing competition into the payments world," declaring thereโs โnothing dangerous about it.โ
But, why does this sound like belly rubs to me?