How the Senate is going to regulate cryptocurrency transactions

Share it with your friends Like

Thanks! Share it with your friends!

Close

William Quigly, co-founder of goCoin, joins The Exchange to discuss the Senate’s plan to regulate cryptocurrencies. How is the IRS going to figure out which transactions are happening and by who, Quigley asks. There are a lot of similar questions that have to be answered before Congress can successfully write a bill to regulate cryptocurrency. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic

Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast

Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC

https://www.cnbc.com/select/best-credit-cards/

#CNBC
#CNBCTV

Comments

Jose says:

Sorry, freeloading days are over.

Mariella Odonnell says:

<<Nice information. one of the best channel I now follow. I view cryptocurrency as one of the best digital investment and I totally love the technology when it comes to the largest crypto asset Bitcoin. As a trader, I have been able to understand that there are two sides when it comes to growing crypto holding / trading and everyone has their opinions when it comes to choosing sides. It doesn't take a genius to know that the top 98 Bitcoin wallets have been accumulating so many Bitcoins in the last month, while the little guys panic and sell they'll buy and take it cheap. Causing a supply shock and prices will skyrocket eventually. I'd say it's outrightly wrong to just sit back hold and wait maybe incure some losses along the line, that ' it is a wrong mindset for an investor because as an investor finding ways to always increase and stack up more coins, making prof! ts should be the way of life. I started with 2 BTC and I have accumulated over 13 BTC now. He can be reach'e via_T⨳E⨳L⨳E⨳G⨳R⨳A M __ @ [Mr Smith Ricky] for more insights. cheers

Vela Wela says:

Many people are talking about the Bill these days. Hope it will be fine. I invested in OGN and waiting for good news.

David E. Vogel says:

Brokers (PayPal for example) announced months ago that they will send an IRS form 1099B to crypto account holders for 2021 transactions. The writing is on the wall: you will pay income taxes on crypto gains.

dla says:

Yellen has received 7 million USD in the last 12 months for "speaker's" fees from a bank i think its CITI bank (so she works for that bank not the tax pyaers who "only" pay her $200k salary) and pocahontas is known to be very bright.. so when you realise who is behind this legislation the answer is clear why it sounds so stupid and detrimental to the industry. Banks will fight dirty battles through their corrupt politicians but of course you canno stop the tide and my advice to them to use their energy and resources to use this new technologies to their advantage and to adapt as the change is inevitable. Another really stupid thing on behalf of teh gov and senators is that they think that the industry will stay if you treat them like this.. of course not, they will move to another more friendlier jurisdictions like they did with China, its not a hard thing to do. therefore, the end result is not more but less tax and less inovations for america

Amelia Martinez says:

Wow i enjoyed this video tho,Forex trading has been difficult for me to understand but my

life have better since Mrs Camilla Margaret came into my life,she helped me grow my profit and taught

me how to trade on my own.

Emily Allan says:

Tether given air time? What a load of BS. This guy is the biggest scam artist in the world. Where is the money to back up the Tether coins? Complete an audit!

Jennifer smith says:

Forex controls a huge part of my passive income, I invest big and my profit are even bigger, courtesy of my broker Mrs Wilson Celina

Mary Williams says:

Thank for the educative video.system that provides me 80% correct signal which helps me increases my portfolio, now I bother less about the speculation of the market." I'm still winning by applying the same method in every trad e, you can also become a winner today, I think crypto is going to get more importance and acknowledgment in the future. BTC is the future doesn’t mean we should just hold and not think of the negative effect it would put on you when it goes low than the entry price. Most newbies often undermine and most often neglect the importance of Technical analysis with regards to trading. Technical analysis overly predicts the movement of asset prices regardless of what is happening in the wider or broader market . so to be on a safer side i advise that we all follow a less talked about way, which is trad!ng. I have been able to generate 15.2b tc with my initial 3.8.Y'all in search of a profitable system can reach out to Prof Greg 🌈™ 🆃🅴🅻🅴🅶🆁🅼 (@ ( Gregdarrell), OR Gregdarrell06@gmailcom on how to trade profitably📈📊

Ronald Willban says:

MoonLight token has just announce its incubator feature with buy-back to MoonLight for all new projects in the incubator. First project will be revealed today ! Don't miss this opportunity to discover the project at the best moment !

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: