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The new U.S. infrastructure bill plans to raise approximately $28 billion through crypto taxation
According to Coindesk, the US Bipartisan Infrastructure Act plans to raise approximately $28 billion through cryptocurrency taxes through the application of new information reporting requirements on exchanges and other parties. According to a copy of the draft bill, brokers who transfer any digital assets are required to submit a declaration form under the revised information reporting system. Kristin Smith, executive director of the Blockchain Association, said that the description of the draft may mean that many individuals involved in cryptocurrencies may have to start reporting their transactions. Earlier news, the White House said that the funding for the infrastructure program comes from unused emergency relief funds, targeted corporate user fees, stronger tax enforcement related to cryptocurrencies, and stronger revenue growth.
Multiverse, a decentralized artificial intelligence ecosystem, completed $15 million in financing, Samsung Next and others participated in the investment
According to a report from Cointelegraph, Multiverse, a decentralized artificial intelligence ecosystem that focuses on funding start-up technology companies, has completed a $15 million financing. SamsungNext, ArringtonXRPCapital, HuobiVentures and Fenbushi participated in the investment, and the funds raised will be used for expansion Multiverse’s capabilities in engineering, research and marketing, and it is also focusing on Europe and Southeast Asia, and the implied valuation of Multiverse after the financing reaches 250 million US dollars. The chain notes that Multiverse allows early project developers to verify their ideas when testing concepts, and to solicit platform users to participate in testing and feedback, and users can receive contribution rewards through corresponding tokens.
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