Cryptocurrency

The Treasury is COMING For Crypto!! End of DeFi in the US?!



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πŸ“ΊEssential VideosπŸ“Ί

Fed’s Warning To Banks πŸ‘‰ https://youtu.be/7M5VgW57WIU?si=yKVds8yZ6pp2DHXT
FATF Travel Rule Explained πŸ‘‰ https://youtu.be/cm7g3rojhFc?si=kJcg4WFbrIkTNXLl
G20 Crypto Regulations πŸ‘‰ https://youtu.be/rlKupRQCHoo?si=MCT_z4wgJEv-L3Wk

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⛓️ πŸ”— Useful Links πŸ”— ⛓️

β–Ί Treasury and IRS Propose New Crypto Tax Rules: https://cointelegraph.com/news/irs-releases-draft-proposed-reporting-rules-digital-asset-brokers
β–Ί Spreek Tax Rule Thread: https://twitter.com/spreekaway/status/1695060016057729485?s=20
β–Ί Alexander Grieve Tax Rule Thread: https://twitter.com/AlexanderGrieve/status/1696258411132829897?s=20

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– TIMESTAMPS –
0:00 Intro
0:38 The Infrastructure Bill
4:34 Brokers, Crypto Wallets
8:10 Stablecoins
11:37 DeFi
15:31 NFTs
18:20 What’s It Means For Crypto
22:30 Outro

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πŸ“œ Disclaimer πŸ“œ

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Crypto #Bitcoin #Cryptocurrency

29 Comments

  1. It's funny how any invention, such as the internet or crypto, that allows people to bypass governments are such threats to governments . On voting day for politicians, I stay home .

  2. It’s almost as though the US is ready to hand over the keys to the next financial super power? It seems painfully obvious that another country is going to capitalize on this.

  3. If a person was holding a card game at their house and betting with money, the cops can legally kick the door down and take everyone to jail, however you can go to casinos all day 24/7. female selling themselves on the street will certainly land them in jail with heavy fines, however you can go to strip clubs all day, lets not start on Marijuana. moral of the story, they will allow it if their getting a cut period. the US put sanctions on its own citizensπŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚

  4. So tax my NFTs, but not Hunters paintings. Sure that's fair. Yellen needs to go back to her corner with her mushrooms and shut up. Yellen and Thatcher had one thing in common. The would butt in to too many people's businesses. Mind Your Own!! China Should have kept her.

  5. Becoming pretty clear that the well being of citizens is not the plan here. Rather, a tear down of all possibilities of wealth is underway. Crypto is an escape venue and must be dealt with. Nothing must stand in the way of the NWO. And the CBDC. Expect very rapid changes between now and November 2024. Its almost as if acceptance and approval is not a concern any longer.

  6. Get ready! Bitcoin & Litecoin reward halving supply shock effect coming down the track….πŸ–…πŸŒ¬πŸ„πŸΎβ€β™‚οΈ

    Last β€˜round of halvings’ signaled the beginnings of the 2019 – 2021 price surge!"

    Bitcoin & Litecoin top 2 coins for payments.. πŸ›’

  7. People will just operate peer to peer literally, which will evolve crypto to its true realised purpose.

    NFTs will follow the same suit, tech is a moving object that no one can control when it operates in a fully decentralised environment. CBDCs are to be welcomed in a centralised environment and adopted in the mainstream. DEFI will just become two expensive to enter at some point to force out any new retail users. Then we re-enter a new era of Private and Public DLT sector of finance and banking globally. πŸ˜‰

  8. I am still wondering why KYC is so difficult in the US. I am from Singapore, and KYC is implemented everywhere in the crypto market. People are still happy to buy crypto with more confidence than before because we receive more government support than ever before.

  9. The irony is, the US government is one of the most corrupt entities out there with donors effectively buying policy, lots of insider trading and a ridiculous amount of senile old farts still in role, just to name a few things.

    But let's go for crypto and the little man.

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