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RE: Leo Talk 5/18/21 - Come Join Our Chat (Part 1)

A step in the right direction. Bill introduced to prohibit the IRS from going after taxes on forks until the regulation is clarified.

https://www.theblockcrypto.com/linked/105156/emmer-congress-safe-harbor-forked-crypto-assets?utm_source=rss&utm_medium=rss

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So it means there will be regulations. I wonder what they will be and I hope it takes a few years to happen.

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I think it is safe to say there will be regulations. There is nothing that tells me that they will not. It is not in government's DNA to look the other way. They want their hands in everything.

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That's a nice step indeed... I hope they take a while to get all the regulations hammered down

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I'm sure some will find a way to abuse forks then :)

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With all the big institutional investors getting involved in crypto it is to be expected.

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