This week the IRS released a draft version of a proposed new regulation. Of course this immediately created an uproar. In this episode we will discuss how this regulation might affect the US landscape as well as how other countries are (and might) proceed with digital asset regulation.

Weekly Close BTC August the 27rd: $26,069.41

Block Height at time of recording: 805,094

News and Links

India Buys 1,00,000 Barrels of Oil with Rupees

Oman Investing Eleven Billion USD in Bitcoin Mining

Tor Introduces Proof of Work Defense

 IRS Releases Draft of Proposed Reporting Rules for Digital Asset Brokers

Draft Proposal

Podcasting 2.0 Apps Available at http://newpodcastapps.com/ and Value4Value information page available here: https://value4value.info/

I can be reached by email at [email protected] and on twitter at @McIntoshFinTech. My mastodon handle is @[email protected]. I'm also on matrix at @mcintosh1775:matrix.org. Looking forward to hearing from you!

Website

https://gen-btc.com

Music Credits

Protofunk by Kevin MacLeod

Link: https://incompetech.filmmusic.io/song/4247-protofunk

License: https://filmmusic.io/standard-license

The following music was used for this media project:

Music: Ethernight Club by Kevin MacLeod

Free download: https://filmmusic.io/song/7612-ethernight-club

License (CC BY 4.0): https://filmmusic.io/standard-license

Artist website: https://incompetech.com

Website

https://satoshis-plebs.com

Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info

I can be reached by email at [email protected] and on Twitter at @McIntoshFinTech. My mastodon handle is @[email protected]. Looking forward to hearing from you!