Odaily Daily Planet News, Donald Trump nominated Matt Gaetz, a supporter of Bitcoin, as the U.S. Attorney General. On June 25th, he proposed a legislation that requires the U.S. Internal Revenue Service to accept BTC payments from Americans who declare federal income taxes. Trump’s choice of Matt Gaetz may have an impact on the encryption industry, as it is expected that he will promote a regulatory approach that supports digital assets innovation while balancing supervision. This may signal a possible change in the position of the U.S. Department of Justice on encryption, innovation, and regulatory policies. (Cointelegraph)
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Trump nominates BTC supporter Matt Gaetz as US Attorney General
Odaily Daily Planet News, Donald Trump nominated Matt Gaetz, a supporter of Bitcoin, as the U.S. Attorney General. On June 25th, he proposed a legislation that requires the U.S. Internal Revenue Service to accept BTC payments from Americans who declare federal income taxes. Trump’s choice of Matt Gaetz may have an impact on the encryption industry, as it is expected that he will promote a regulatory approach that supports digital assets innovation while balancing supervision. This may signal a possible change in the position of the U.S. Department of Justice on encryption, innovation, and regulatory policies. (Cointelegraph)