Republican lawmaker proposes prediction markets insider trading ban, not including White House officials
The bill did not specifically bar members of the US Congress from using the platforms or making sports bets, but prohibited policy wagers.
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Crypto Investors Could Lose Key Tax Advantage Under New House Proposal
Proposed crypto tax changes could limit loss-harvesting strategies by extending wash sale and constructive sale rules to many digital assets, while providing limited exemptions for certain categories of crypto activity.…
US lawmakers warn against presidential pardon for Sam Bankman-Fried
The former FTX CEO is currently serving a 25-year sentence after being found guilty on seven felony charges related to the misuse of customer funds.
Congress reaches deal on housing bill with CBDC ban until 2030
The US could soon temporarily ban a central bank digital currency, as House and Senate leaders came to a deal on a housing bill inclusive of a ban.
Congress Targets Crypto ATMs After Americans Lose $333M to Scams
Lawmakers are seeking to curb crypto ATM fraud with a bipartisan bill that would set transaction limits, mandate scam warnings, and require transaction records and updated kiosk location records. The…
Congress Examines 8 Crypto Tax Proposals as $2T Market Faces Compliance Burden
House tax lawmakers reviewed eight digital asset tax proposals seeking clearer rules for crypto payments, mining, staking, donations, and compliance. The measures aim to reduce paperwork for digital asset users…
CLARITY Act Gets New Push as Senator Ties Crypto Rules to US Dollar Power
Senate Banking Committee Chairman Tim Scott renewed support for the CLARITY Act as he tied stablecoins to U.S. dollar strength. His comments put crypto market rules, consumer protection, and AI…
CLARITY Act Push Gains Momentum as Lawmakers Race to Lock in US Crypto Rules
The CLARITY Act push is gaining momentum as lawmakers seek federal rules for digital asset markets. The proposal has attracted support from congressional leaders, industry organizations, consumer-focused groups, national security…
160 National Security Veterans Back CLARITY Act as Senate Crypto Battle Reaches Critical Stage
Pressure over the CLARITY Act is rising as 160 former national security, intelligence, and law enforcement professionals back the crypto market structure bill. The Senate faces growing calls to advance…
US Senator Warns Clarity Act Delay Could Push Crypto Rules to 2030
Senator Cynthia Lummis is warning Congress that missing the Clarity Act window could delay major crypto legislation until 2030. She says inaction would leave developers exposed, consumers vulnerable, and law…
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