The International Monetary Fund (IMF) has warned that President Trump’s tax bill, now nearing final approval, could make it more difficult to …
Bill
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Regulation
Senator Lummis presents bill to insert crypto tax definitions to shield micro-payments, validation rewards
by shayaanby shayaanSenator Cynthia Lummis filed a bill on July 3 that rewrites multiple sections of the Internal Revenue Code to govern how crypto …
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Regulation
The Most Important Part of Trump’s ‘Big, Beautiful’ Tax Bill for the Crypto Industry
by shayaanby shayaanAfter a tightly contested vote that required Vice President JD Vance to cast the deciding tie-breaker, the U.S. Senate has approved President …
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Smart Contracts
Bitcoin Tax Exemptions May Be Coming After All—In New Senate Bill
by shayaanby shayaanIn short Senator Cynthia Lummis introduced a bill on Thursday that digital asset users would offer different tax-related benefits. According to the …
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As the United States Congress continues to push forward in its regulatory efforts surrounding the cryptocurrency market, two significant pieces of legislation …
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Regulation
Trump’s ‘Big Beautiful Bill’ Passes Senate—Without Bitcoin Tax Exemptions
by shayaanby shayaanThe U.S. Senate narrowly passed President Donald Trump’s massive reconciliation bill on Tuesday—but failed to include key tax amendments in the legislation …
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Joni Ernst, a United States Senator, backed by fellow Iowa Sen. Chuck Grassley and Alaska Sen. Lisa Murkowski, has filed an amendment …
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Regulation
Arizona governor vetoes Bitcoin reserve fund bill for the third time
by shayaanby shayaanArizona Governor Katie Hobbs has vetoed a proposed law establishing a state-run Bitcoin and digital assets reserve fund. On July 1, Governor …
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Regulation
Connecticut Governor Lamont Signs Bill Banning Digital Asset Investments
by shayaanby shayaanConnecticut Governor Ned Lamont has signed House Bill 7082 into law, officially enacting the ban on state investment in digital assets, which …
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The U.S. Senate has passed President Donald Trump’s massive $3.3 trillion spending bill, nicknamed the “Big Beautiful Bill.” While it still requires …