Congress Passes $1.2 Trillion Infrastructure Bill, Paving Way for Extra Crypto Taxes in U.S. 

The bill, which passed Congress with a final vote of 228–206, signals a historic moment for crypto in the United States. In drafting the legislation, senators inserted a provision that changes the Internal Revenue Service’s definition of a “broker” to include organizations that trade crypto assets. Brokers will have to file 1099 forms disclosing the Read More …

Omnific Blockchain Studio Launches With NFT-Backed ‘Karma’ Film and ‘Marvion’ Music Show

Phoenix Waters Productions in partnership with tech companies Marvion and Coinllectibles is launching digital entertainment studio Omnific Blockchain Studios to develop and produce entertainment-related non-fungible tokens (NFTs) and digital goods. Source: Omnific Blockchain Studio Launches With NFT-Backed ‘Karma’ Film and ‘Marvion’ Music Show

Book-Industry Insiders Back the Biden Administration’s Bid to Stop a Publishing Mega-Merger

The Department of Justice’s attempt to halt Penguin Random House’s acquisition of Simon & Schuster finds support within an industry already burned by bad trends. “Obviously every agent is thrilled that the wheels might be grinding to a halt on this,” one insider says. Source: “Too Late to Stand Up Against Amazon”: Book-Industry Insiders Back Read More …

Meet the Songwriter Behind the Ad for the Nissan 2023 Z

Aaron Saloman’s “Questfunk” sets the mood in a quick-moving Nissan Z ad entitled “The Arrival,” which showcases the Yokohama-headquartered automobile manufacturer’s 2023 Z. Prior to securing this and other high-profile placements through Songtradr, however, Montréal-based Saloman established a presence in the sync licensing space by uploading his music to emerging song libraries. Source: Meet the Songwriter Behind the Ad for Read More …