Critics say the measure effectively singles out digital assets for taxation based on technology rather than activity. Andreessen Horowitz crypto executive Miles Jennings criticized Illinois’ newly enacted Digital Asset Privilege Tax Act on June […]
Goldman Sachs says the Federal Reserve is increasingly likely to keep interest rates unchanged through the rest of the year as economic conditions remain stronger than previously expected. Goldman Sachs Research has pushed back its forecast […]
The exchange argued that tracking gains on stablecoin purchases creates administrative complexity without generating meaningful tax revenue. Coinbase’s vice president of tax, Lawrence Zlatkin, testified before the House Ways and Means Committee on June […]
Schiff said stablecoins have a legitimate use case, despite his longstanding criticism of much of the broader crypto industry. Economist Peter Schiff publicly broke with JPMorgan CEO Jamie Dimon on June 7, arguing that […]
As stablecoins move closer and closer to mainstream financial infrastructure, the regulatory debate around them is seemingly becoming less about crypto in isolation and more about the future outlook of the global payments system. Just […]
Concerns over illicit finance remain high after reported crypto-related criminal flows jumped 162% last year. Over 160 former national security, intelligence, and law enforcement officials are pushing the U.S. Senate to advance the CLARITY […]
A Nexo research analyst believes a full CLARITY Act approval from the Senate could trigger a BTC bull run. A few days ago, the Digital Asset Market Clarity Act (CLARITY Act) made some progress […]
Could this important step be what XRP needs to finally break out? After months of negotiations and delays, a US Senate panel on Thursday finally approved the CLARITY Act with a 15-9 vote. Although […]
Last year, there was a 162% year-over-year increase in illicit crypto flows driven by a 694% jump in value received by sanctioned entities. The Senate Banking Committee voted 15-9 on Thursday to move forward […]
The bullish comments rose after the CLARITY Act progress last week, but that’s not always a good thing. Although there’s still a lot of work to be done to become law, the highly anticipated […]
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