postscategoriesinfoq&aget in touch
discussionsnewsold postslanding

Proposed Legislation Aims to Enable Bitcoin Payments for Federal Taxes

December 10, 2025 - 04:48

Proposed Legislation Aims to Enable Bitcoin Payments for Federal Taxes

A recently introduced bill in the House of Representatives seeks to permit federal tax payments using Bitcoin. The legislation, known as the Bitcoin for America Act, is spearheaded by Representative Warren Davidson from Utah. This innovative proposal aims to not only facilitate the use of cryptocurrency for tax obligations but also to bolster the U.S. economy against potential global financial instability.

By allowing taxpayers to utilize Bitcoin, the bill intends to diversify the nation’s financial landscape, potentially enhancing economic resilience. Proponents argue that integrating digital currencies into the tax system could streamline processes and attract a new demographic of tech-savvy taxpayers.

Moreover, the legislation reflects a growing recognition of the importance of cryptocurrencies in modern finance. As the global economy continues to evolve, the Bitcoin for America Act represents a significant step towards adapting U.S. financial policies to contemporary technological advancements. The bill has sparked discussions about the future role of digital currencies in government operations and the broader implications for fiscal policy.


MORE NEWS

Lightspeed bets on transformation as stock slides on Q3 loss

February 6, 2026 - 01:38

Lightspeed bets on transformation as stock slides on Q3 loss

The commerce software company Lightspeed finds itself navigating a period of significant transition as it reports a deepening net loss for its third fiscal quarter. The financial results, which...

Bitcoin Extends Selloff as Macro Pressures and Leverage Unwind

February 5, 2026 - 05:32

Bitcoin Extends Selloff as Macro Pressures and Leverage Unwind

The cryptocurrency market is facing intensified selling pressure this week, with Bitcoin leading a broad decline. The premier digital asset has extended its recent losses, tumbling to multi-week...

Michael Burry issues bitcoin warning, AMD stock falls hard

February 4, 2026 - 23:00

Michael Burry issues bitcoin warning, AMD stock falls hard

The financial markets experienced significant volatility mid-week, marked by sharp moves in key technology stocks and a stark warning from a prominent investor. Chipmaker Advanced Micro Devices...

Grab Holdings Limited (GRAB): A Bull Case Theory

February 4, 2026 - 06:46

Grab Holdings Limited (GRAB): A Bull Case Theory

A compelling investment thesis is gaining traction among analysts, painting a bullish future for Grab Holdings Limited. The Southeast Asian superapp company, whose stock recently traded around...

read all news
postscategoriesinfoq&aget in touch

Copyright © 2026 Fundyi.com

Founded by: Zavier Larsen

discussionssuggestionsnewsold postslanding
cookie policytermsprivacy