The U.S. crypto industry may have to wait a little longer for regulatory clarity as Congress officially heads into its July 4 …
Congress
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Smart Contracts
Anthropic Urges Congress to Crack Down on AI Distillation By Chinese Rivals
by shayaanby shayaanIn short Anthropic claimed that Alibaba-affiliated operators were conducting the largest known AI model distillation campaign against Claude. The company is urging …
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Regulation
US Crypto Industry Groups Urge Congress to Pass Original Mining and Staking Tax Bill
by shayaanby shayaanA coalition of leading U.S. cryptocurrency industry groups is pressing Congress to advance a bill on mining and staking taxation in its …
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Markets
Crypto PAC's $5.5 million Congress pick gets Maryland win, more crypto allies advance
by shayaanby shayaanThe Fairshake super PAC supported Adrian Boafo in Maryland, plus other candidates in Maryland, New York and Utah as each ran its …
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Regulation
Congress to Probe Whether Crypto Can Challenge China and Russia’s Grip on Financial Freedom
by shayaanby shayaanHouse Roundtable Will Review Digital Assets and Repressive Financial Systems A congressional announcement issued June 18 scheduled a June 25 roundtable on …
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Regulation
Rep. Bryan Steil introduce bill seeking to block congress from prediction market wagers
by shayaanby shayaanRep. Bryan Steil, the Wisconsin Republican who chairs the House Administration Committee, introduced a bill Thursday that would bar members of Congress, …
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Regulation
Congress proposes DOJ crypto theft task force a year after NCET shutdown
by shayaanby shayaanCongress has proposed a new Justice Department task force focused on cryptocurrency theft after the FBI received 181,565 crypto-related complaints and more …
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Regulation
Congress Examines 8 Crypto Tax Proposals as $2T Market Faces Compliance Burden
by shayaanby shayaanHouse tax lawmakers reviewed eight digital asset tax proposals seeking clearer rules for crypto payments, mining, staking, donations, and compliance. The measures …
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Coinbase has urged U.S. lawmakers to remove capital gains tax requirements on stablecoin payments and exempt small crypto transactions from burdensome reporting …
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Regulation
Congress nears final vote on $70 billion immigration funding package
by shayaanby shayaanThe U.S. House has moved closer to approving a $70 billion immigration funding package after Senate passage last week. Lawmakers could hold …