The mayors of Jackson, TN, and Tampa, FL, have committed to converting their next paychecks into bitcoin shortly after Miami Mayor, Francis Suarez, and NYC Mayor-Elect, Eric Adams, announced they would be receiving their paychecks in BTC.
The U.S. Congress has passed the $1.2 trillion bill aimed at improving America’s infrastructure. The bill’s plans will be funded through a variety of measures, including taxing cryptocurrency brokers.
Social media giant Reddit may soon convert users’ karma points into ERC20 tokens on the Ethereum network, in a move that would onboard 500 million users into the cryptocurrency space through its platform.
Join us at DeFi Live, a newly announced conference seeking to provide a platform for the leaders at the forefront of the decentralised finance (DeFi) industry – hosted virtually on November 10th and in-person in London on November 11th.
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Top stories in the Crypto Roundup today:
- Mayors Throughout U.S. Are Embracing Bitcoin
- Congress Passes Infrastructure Bill With Crypto Tax Provision
- Reddit To Convert Karma Points of 500M Users to ERC20 Tokens
- CryptoCompare Becomes DeFi Live Media Partner
- Sponsored: Crypto.com – The World’s Fastest Growing Crypto App
Source: https://www.cryptocompare.com/email-updates/daily/2021/nov/08/
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