WorldPingThe bill would exempt qualifying crypto fees from gain-or-loss calculations and restrict tax-loss deductions on tokens sold and quickly repurchased.
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WorldPingThe House Ways and Means Committee voted to advance crypto tax legislation, sending it to the House to consider.
Brief by WorldPing · Original reporting by The Block
WorldPingThe Digital Asset Tax Certainty Act would ease complicated tax burdens for everyday use of cryptocurrencies, though Trump's industry ties spurred some pushback.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingRipple CEO Brad Garlinghouse says there is still reason for optimism about U.S. crypto after the CLARITY Act failed to advance, pointing to continued SEC and CFTC rulemaking while stressing that the company’s business momentum remains intact.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingBitcoin Magazine CFTC Chairman Says Agency Will Write Crypto Rules After Clarity Act Vote Fails Commodity Futures Trading Commission Chair Mike Selig will work with President Trump to advance crypto rules.
Brief by WorldPing · Original reporting by Bitcoin Magazine
WorldPingA bipartisan House committee vote advanced legislation that would reshape federal tax rules for stablecoins, staking, crypto lending and digital asset transactions.
Brief by WorldPing · Original reporting by Cointelegraph
WorldPingMichael Selig and Paul Atkins pledged to use their agencies’ existing powers to provide crypto regulatory certainty after the Senate failed to advance the bill.
Brief by WorldPing · Original reporting by Decrypt
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