Taxation of cryptocurrency transactions is a problem that is being addressed around the world. Since the World Bank and the financial regulator SEC do not have a unified vision for digital money, each country solves this problem individually, at its own discretion.

The administration of US President Joe Biden is opposed to proposals to exclude certain types of cryptocurrency businesses from a bipartisan plan to finance infrastructure spending. This is reported by The Washington Post, citing its own sources.

Today, August 5, the Ethereum network saw the London Harfork on block 12,965,000, which is an important step in the altcoin's transition to the ETH 2.0 protocol.

According to Reuters, the U.S. Senate held an interim vote on a bill that would allocate $1.2 trillion to fund infrastructure projects. Part of these funds will be obtained through an increase in tax collections, in particular from the cryptocurrency market, congressmen plan to collect an additional $28 billion.

American cryptocurrency exchange Coinbase today announced the expansion of payment options for its users.

Japanese financial regulator announced plans to bring the local cryptocurrency market under banking standards to combat money laundering

Uphold and GlobaliD are launching a Ripple XRP cashback card via Mastercard.

Federal Reserve Governor Christopher Waller said he's "very skeptical" of the need for the U.S. central bank to develop a digital currency.

In Colombia, Senator Mauricio Toro yesterday announced new changes to his own bill that aims to introduce cryptocurrency-friendly regulations in the country.

The startup became the 8th crypto company to be registered by the government.

The Central Bank of Venezuela announced its intention to issue a digital bolivar as early as October 1.

The new chairman of the Securities and Exchange Commission, Gary Gensler, is beginning to detail his priorities for regulating cryptocurrency, where billions of dollars in investments are on the books.