Federal Reserve Chairman Jerome Powell poured cold water on the idea of a United States-issued central bank digital currency happening anytime soon. Responding to two Congressmen, Powell wrote, “it is not yet clear what additional value a general purpose CBDC could provide in the U.S.”
Or Lokay Cohen has been at crypto tax calculation service Bittax since 2016, which means that she may know more about how to file crypto taxes than any other person alive. Lokay Cohen told Modern Consensus that she came to the Ethereal conference in Tel Aviv on September 15 to meet other like-minded crypto people, as she was toying with the idea of using Ethereum-based smart contracts to pay your taxes automatically for the IRS.
When the sons of legendary investment banker Paul Stephens met Mighty Ducks star Brock Pierce, they were avid World of Warcraft gamers and he was amassing an empire of digital goods exchanges where players could buy, sell, and trade valuable in-game items and virtual currency. Together they would go on to form Blockchain Capital, the first venture capital firm to fund the blockchain ecosystem.
Mark Karpeles, CEO of the infamously hacked Mt. Gox cryptocurrency exchange, is planning another foray into the blockchain business.