The Empire Strikes Back: Congress and Trump Prepare to Curb Crypto Tax Evasion

[kreslik.news]

The Bitcoin market is gearing up for the latest batch of institutional investors entering the market through the Chicago-based futures exchanges CBOE and CME. We’ve seen quite a rise in prices this autumn, especially in the aftermath of the announcement that the product is soon to go mainstream to Wall Street.

One of the downsides of going mainstream is increasing regulatory attention. US authorities led by Congress and the Trump administration in conjunction with none other but the Department of Homeland Security appear to be working on some crypto legislation.