Thursday, January 4 - Top Crypto News

In China, officials reportedly bypass a crypto ban using cold wallets for bribery, underscoring the difficulty in regulating decentralized technologies. In the US, the new IRS mandate on crypto transactions over $10,000 faces legal challenges for its...

Episode 265 of the Good Morning Crypto podcast, hosted by ARCARO, titled "Thursday, January 4 - Top Crypto News" was published on January 4, 2024 and runs 3 minutes.

January 4, 2024 ·3m · Good Morning Crypto

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Summary

In China, officials reportedly bypass a crypto ban using cold wallets for bribery, underscoring the difficulty in regulating decentralized technologies. In the US, the new IRS mandate on crypto transactions over $10,000 faces legal challenges for its complexity, particularly affecting decentralized exchanges and miners. Meanwhile, the cultural landscape is also influenced, as seen in the Netflix documentary "Bitconned," exploring a major crypto scam, and the introduction of Mickey Mouse's "Steamboat Willie" into the public domain, inspiring a new meme cryptocurrency.

Episode Description

In China, officials reportedly bypass a crypto ban using cold wallets for bribery, underscoring the difficulty in regulating decentralized technologies. In the US, the new IRS mandate on crypto transactions over $10,000 faces legal challenges for its complexity, particularly affecting decentralized exchanges and miners. Meanwhile, the cultural landscape is also influenced, as seen in the Netflix documentary "Bitconned," exploring a major crypto scam, and the introduction of Mickey Mouse's "Steamboat Willie" into the public domain, inspiring a new meme cryptocurrency.

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