As early as 2014, Congressman Steve Stockman already had plans to tax Bitcoin as currency instead of property and a new bipartisan law was introduced to define the blockchain technology back in October 2018. US Congressman Steve Stockman of Texas is preparing to introduce a new bill, the ‘Virtual Currency Tax Reform Act’, which, if passed, would tax bitcoins as currency instead of property. Several U.S. Representatives have been pushing for crypto and blockchain related bills since as early as 2014, when Congressman Steve Stockman of Texas was planning to introduce an act that would tax bitcoins as currency instead of property. Bitcoin Examiner brings you the review of the last seven days in the Bitcoin universe. Texas Congressman wants Bitcoin to be considered currency Steve Stockman is not exactly a stranger in the Bitcoin universe. The congressman became famous at the end of 2013 when he announced he was accepting Bitcoin donations for his Senate campaign,Read More Bitcoin-masker; US Congressmen Introduce Two Bills to Prevent Crypto Price Manipulation. Two congressmen from Florida and North Carolina have introduced bipartisan legislation aimed to help prevent cryptocurrency price manipulation. Representatives Darren Soto (Democraat) and Ted Budd (Republikeins) jointly aangekondigd Thursday that their two bills – “The Virtual Currency Consumer ... Steve Stockman is not exactly a stranger in the Bitcoin universe. The congressman became famous at the end of 2013 when he announced he was accepting Bitcoin donations for his Senate campaign, but he didn’t stop there. Stockman has now declared he is ready to fight in the name of cryptocurrency with Steve Stockman, former member of the United States Congress, 1995-1997, 2013-2015, is the latest VIP supporter of the Creditbit Project. The former Congressman showed his support to the project by publically sharing an article titled “There are Plenty of Reasons to Get Excited about Creditbit” on Twitter.. Steve Stockman has supported cryptocurrencies for a long time.
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