LATEST: A coalition of 100 crypto firms including @Coinbase, @Ripple, @Krakenfx and @a16z urges the Senate Banking Committee to advance the CLARITY Act.
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I’m closing my Coinbase account today. I hope your company goes bankrupt just like the market you've destroyed. You are finished, Brian. @brian_armstrong#DeleteCoinbase
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One scans your eyeball. One freezes your account.
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Hearing that despite all the efforts and lobbying for bitcoin de minimis tax exemption, it’s none other than @coinbase trying to nuke it behind the scenes to push stablecoins only.
Apparently they are telling legislators that, “No one is using bitcoin as money. A de-minimis exemption for bitcoin is a hand out that will be DOA.”
Hearing that despite all the efforts and lobbying for bitcoin de minimis tax exemption, it’s none other than @coinbase trying to nuke it behind the scenes to push stablecoins only.
Apparently they are telling legislators that, “No one is using bitcoin as money. A de-minimis exemption for bitcoin is a hand out that will be DOA.”