Texas has moved a step closer to holding Bitcoin (BTC) as a reserve asset, with the state senate passing a bill on …
Senate
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Regulation
US Senate Votes to Overturn Controversial Crypto Tax Reporting Rule
by shayaanby shayaanOn Wednesday, the U.S. Senate passed a resolution to overturn an Internal Revenue Service rule requiring brokers to report gross proceeds from …
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Strong support from many Democrats helped win a victory for a U.S. Senate effort to erase a Biden administration crypto tax rule …
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Regulation
U.S. Senate Expected to Vote on Erasing IRS’s Crypto Broker Rule That Threatens DeFi: Source
by shayaanby shayaanThe U.S. Senate is poised to vote this week on reversing an Internal Revenue Service (IRS) rule, that the crypto industry has …
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The Arizona Senate took a significant step toward modernizing state finance by advancing two crypto reserve bills that could lead to state-managed …
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Texas policymakers have roughly $24 billion in sovereign wealth as the State’s Senate weighed passing Bitcoin reserve legislation. The Texas Senate Committee …
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Today, February 26, the United States Senate Committee on Banking, Housing, and Urban Affairs subcommittee on Digital Assets is hosting a hearing …
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Adoption
Texas Senate Banking Committee greenlights Bitcoin reserve bill for floor voting
by shayaanby shayaanThe Texas Senate Banking Committee unanimously approved a bill on Feb. 27 to create a state-managed Bitcoin (BTC) and crypto reserve, sending …
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Regulation
Charles Hoskinson Defends Elon Musk’s Role in Trump Administration as Senate Debate Lingers
by shayaanby shayaanCardano founder Charles Hoskinson has defended Elon Musk’s advisory role in the Trump administration, dismissing demands that Musk has to have Senate …
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Regulation
Senate Banking Committee Schedules Crypto Hearing Next Week To Discuss ‘Bipartisan Legislative Frameworks’
by shayaanby shayaanThe Senate Committee on Banking, Housing and Urban Affairs has scheduled a crypto hearing next Wednesday to explore “bipartisan legislative frameworks” for …