Key Takeaways Proposed legislation would extend wash sale restrictions to many cryptocurrency transactions. Investors could face limits on claiming losses after rapid asset repurchases. Exemptions cover qualified U.S. dollar stablecoins and digital assets acquired through […]
A bipartisan congressional compromise has put the digital dollar debate back in focus, with lawmakers moving forward on a package that would block the Federal Reserve from issuing a central bank digital currency until December […]
Key Takeaways Lawmakers introduced a bipartisan bill targeting crypto ATM fraud after reported losses topped $333 million. Older Americans faced most known-age losses, making senior protections central to the proposal. Operators could face stricter limits, […]
Key Takeaways Lawmakers examined eight digital asset tax proposals covering payments, donations, mining, staking, and compliance. Several proposals would reduce reporting requirements for routine digital asset transactions and stablecoin payments. Other measures address staking rewards, […]
Key Takeaways Senator linked crypto regulation to dollar demand, consumer safeguards, and U.S. financial leadership. Stablecoin reserves could support demand for dollars and Treasuries, according to the senator. Lawmakers still must pass, reconcile, and approve […]
Key Takeaways The CLARITY Act has attracted support from a wide range of political and industry stakeholders. Support comes from lawmakers, industry groups, consumer advocates, national security voices, and Trump. Critics continue seeking stronger safeguards […]
Key Takeaways Former officials urged Senate leaders to support the CLARITY Act’s crypto market rules. Notably, 160 national security, intelligence, and law enforcement veterans signed the letter. Senators now face mounting pressure to decide the […]
Key Takeaways U.S. Senator Lummis warned that failure to act now could delay comprehensive crypto legislation until 2030. Bankruptcy protections remain a central concern for customers holding assets on exchanges. China’s regulatory progress increases pressure […]
Key Takeaways Trump appointed former Attorney General Pam Bondi to PCAST on May 27, joining Jensen Huang, Mark Zuckerberg, and Larry Ellison on the panel. PCAST is co-chaired by David Sacks, Trump’s former crypto and […]
Key Takeaways Advocates pushed senators after a bipartisan committee vote moved the market-structure bill forward. Clearer oversight could affect consumer safeguards, developer protections, and crypto business compliance paths. Full Senate approval would move federal digital […]
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