In short Senator Cynthia Lummis introduced a bill on Thursday that digital asset users would offer different tax-related benefits. According to the …
Senate
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Regulation
AI Tokens Plunge 10% As US Senate Rejects Federal AI Regulation Freeze
by shayaanby shayaanTrump’s Big Beautiful Bill no longer contains a 10-year moratorium on AI regulation, causing several setbacks for related tokens. Trade volumes and …
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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 …
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Regulation
US Government To Be Hit With $3,300,000,000,000 in Additional Deficits Under Senate Tax Bill: CBO
by shayaanby shayaanThe Congressional Budget Office (CBO) says that the government will have to take on an extra $3.3 trillion in deficits if the …
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Trump’s “Big, Beautiful Bill” narrowly cleared the Senate in a tight 51–49 late-night vote. Republican Senators Thom Tillis and Rand Paul broke …
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Regulation
Senate Banking Committee pushes for rapid legislative action on crypto market framework
by shayaanby shayaanThe Senate Banking Committee released a seven-point framework for digital asset market structure and heard testimony urging Congress to translate those principles …
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Regulation
Shares of Coinbase and Circle Explode in Value After US Senate Passes Landmark Stablecoin Bill
by shayaanby shayaanThe shares of the crypto exchange Coinbase (COIN) and the stablecoin company Circle (CRCL) saw significant gains after US senators passed a …
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Scams
Arizona Senate Passes Bitcoin Reserve Bill for Seized Crypto, Heads to House For Debate
by shayaanby shayaanIn brief The bill passed the Senate 16-14 after procedural manoeuvres and now heads to the House for a final vote. Arizona’s …
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The US Senate has taken the first major step towards federal regulation of stablecoins by passing the GENIUS Act, which is considered …
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Regulation
U.S. Senate Passes GENIUS Act to Regulate Stablecoins, Marking Crypto Industry Win
by shayaanby shayaanThe overwhelming bipartisan passage of the U.S. Senate’s stablecoin bill, with a 68-30 final vote that saw a huge surge of Democrats …