Daily Archives: 14/02/2022

Cardano developers proposed to implement CIP-35 to speed up transactions on the network

IOHK, the developer of the Cardano network, has unveiled the CIP-35 proposal for Plutus smart contracts, which should help speed up transactions. According to information published by the Cardano core development team, the CIP-35 proposal aims to improve the core platform for Plutus – the Cardano smart contract language – as well as the interface pages. Shortcuts should be added to the system, with the help of which developers using the Cardano blockchain will be…

US Treasury urges Congress to exempt mining and staking pools from collecting information for the IRS

Legislative assistant secretary of the treasury Jonathan Davidson said that, unlike exchanges, pools cannot collect complete customer information. The US Department of the Treasury sent a letter to a group of senators proposing to exempt miners and stakers who organize the joint production of cryptocurrencies from tax reporting on their clients. The Treasury supports the crypto industry’s concerns about the Infrastructure and Jobs Investment Act. Expanding the definition of “broker” would place an undue burden…