Less than 24 hours after the collapse of the crypto industry’s market structure bill, the tax committee in the U.S. House of Representatives has advanced another important industry effort that would clarify crypto tax treatment and ease burdens on casual transactions. At a Wednesday hearing… Read More
Bitcoin’s Coinbase COIN$171.98·Market Closed premium has fallen to its lowest level in four weeks, suggesting weakening U.S. demand as investors confront a setback for crypto legislation and the prospect of tighter monetary policy. The premium measures the difference between bitcoin’s dollar price on Coinbase and… Read More
When the legislative talks picked up pace again, it was already late in the congressional session, with lobbyists and lawmakers well aware that the election was looming that would make it harder to secure bipartisan legislative work. All along, the ethics question stood as the… Read More
Crypto stocks were a sea of red Tuesday afternoon after the Senate failed to advance the Clarity Act, dealing a major blow to an industry that has spent years — and hundreds of millions of dollars in campaign contributions — gunning for a comprehensive U.S. regulatory framework.… Read More
Congress needs 60 Senators willing to put innovation first and provide critical relief to the digital asset industry, argues Rep. Shri Thanedar (D-Mich.)
Batch V1.1 would let users bundle up to eight linked transactions into one operation, with 27 of 35 trusted validators now backing the change.
